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About Us

CKRe Corporate Background

CKRe Limited has its origins in late 1995 when the reinsurance broking company of Christchurch King Reinsurance Brokers (CKRB) was established as a joint venture between Peter King and the Christchurch Group, who were then a leading UK direct retail insurance broker with expanding insurance interests in East Africa. CKRB quickly established itself as a premier specialist broker of African reinsurance, and posted profitable results for the next two and a half years of its existence. Its gross turnover quickly rose from $US5 millions to $USD28 millions by the end of 1998, its last financial year.

In June 1998 the parent company of CKRB experienced trading difficulties and it became necessary to distance the business of CKRB from those problems. A new company was established to purchase the goodwill attaching to the business of CKRB in order that the ongoing operation of the valid reinsurance contracts could be transferred into a new reinsurance broking company (CKRe Ltd) which commenced trading in August 1998

The company became a member of the General Insurance Standards Council (GISC) in September 2001 and an accredited Lloyd’s broker in December 2002. When GISC ceased to exist at the end of 2004 it became a legal requirement for all brokers to be approved by the Financial Services Authority (FSA) who now regulate and supervise the industry. CKRe gained FSA approval in January 2005.

CKRe accepts insurance and reinsurance business from Africa, Australia, India, the Middle East, South America, the Caribbean, the Philippines, Indonesia, Singapore, Taiwan and the former Soviet Union. The company’s premium turnover now exceeds $US50 millions.