The 2025 Finsbury Reinsurance (Fin Re) agriculture book closed on a strong note with an exponential year-on-year premium growth in excess of 500 per cent.
As we celebrate this milestone, it is imperative to acknowledge that this would not have been possible without the extensive support of local and international partners who believed in Fin Re’s capabilities.
It is also important to stress that this result was not random, but was well orchestrated by building, strengthening, and inspiring Fin Re’s partners to believe in the company’s capabilities.
Fin Re made and implemented some strategic decisions in 2025 that positioned us as an attractive agriculture reinsurance security for the local and international markets.
The first was to secure an agriculture retro treaty with highly rated securities that allowed Fin Re to write up to US$1.5 million per risk. The treaty is well diversified, allowing for writing across Poultry, Livestock, Plantations and Crops under both variants of indemnity and parametric lines.
The malleable nature of the treaty enabled tailored solutions to address clients’ demands arising from evolving agricultural risk patterns and practices.
The second was to strategically add a dedicated agriculture risk specialist to Fin-Re’s technical team. This was to enhance the quality of the approach to agriculture risk evaluation and analysis and enable clients to be adequately covered within Fin-Re’s risk appetite framework.
Thirdly, Fin Re was at hand to showcase its agriculture capabilities at various international platforms, and this formed the bedrock of collaboration, strengthening partnerships and enhancing trust.
As 2026 unfolds, Fin-Re remains optimistic about its growth trajectory in the agriculture business space. This has evidently been seen by the increase in farmers and agro financiers’ appetite to protect their investments in biological assets to avert potential losses from the effects of climate change.
Fin Re is poised to continue offering unparalleled agriculture reinsurance solutions that address market needs and looks to stronger collaboration with partners to end 2026 on an even stronger note than 2025.
Dean Simuchimba
Agriculture Risk Specialist
Finsbury Reinsurance Limited