Browsing: International specialty reinsurance MGA Rokstone

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International specialty reinsurance MGA Rokstone has secured an insurance agent license authorizing the company to underwrite business in Africa directly.

In an announcement made through a statement sent to newsrooms, the company which is part of the Aventum Group said it had secured the license from the Financial Services Commission (FSC) in Mauritius where it has now set an office.

According to the statement,  Rokstone will initially underwrite political violence and terrorism and property business from Mauritius. However, the company expects to offer financial lines later in the year.

Rokstone is one of the world’s largest MGAs, with offices in the US, UK, Europe, Asia, Africa and the Middle East.

Gross written premium

Currently, Rokstone underwrites $500 million in gross written premium in several specialty lines, including marine, terrorism and political violence, direct and facultative property, property treaty, construction and engineering, marine cargo, and liability.

The company’s political violence and …