The Specialist Short-Term Insurer
Compass Insurance Company Limited, "Compass", operates exclusively through Underwriting Management Agencies "UMAs". Compass is wholly owned by Hannover Reinsurance Africa Limited, which is a 100% owned subsidiary of Hannover Ruck SE (Germany).
A precision-engineered platform
Compass operates in the Short-term Insurance Sector, offering a value-added proposition to the market whilst generating appropriate returns for all business partners. Compass is focused on providing customised, innovative and cost-effective insurance solutions.
Compass focuses on delivering:
2017 - GCR AA-(ZA) national scale claims-paying ability rating assigned to Compass Insurance Company Limited, with the outlook accorded as Stable.