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Compass Insurance opened its doors in July 1994. During late 2001, Hannover Re Africa, a subsidiary of the well-known and highly respected international operation, recognised Compass's innovative thinking and the opportunities offered by our unique outsource philosophy. In order to focus on niche markets and to ensure that innovative and creative initiatives are secured within the company, Hannover Re Africa therefore acquired the full share capital of Compass Insurance Company Limited.Hannover Reinsurance Group Africa (Pty) Ltd., was founded 49 years ago and has since grown into one of Africa's largest reinsurers and has emerged as a diversified reinsurance group, combining the security and expertise of European professionals with traditional South African values.

It has also established its own brand of ingenuity and innovative thinking.In addition to being a leading player in the classes of business traditionally requiring significant reinsurance support (fire and catastrophe excess loss), Hannover Re has actively explored and initiated new ideas and concepts.The Group is proud that this innovative thinking has largely resulted in insurers expanding their portfolios through the production of new income for the industry, rather than undercutting the prices of existing business.This innovative bias perfectly matches Compass Insurance's own ground-breaking outsource philosophy, and indicates a great future for the two companies.

Our Partners

Chartis, world leaders in insurance and financial services, is the leading insurance organization. Chartis is registered in 130 different companies around the world and their shares are listed on the New York, London, Paris, Switzerland and Tokyo Stock Exchange.

Regent Life is a subsidiary of the Imperial Group. Regent Life are Well-known specialists and market leaders in our chosen markets. Regent Life are known to provide innovative solutions to both individuals and groups alike. Regent Life  are recognized as one of the most innovative players in our segment.