To discharge its functions effectively and realise its objectives the Company is mandated to carry out the following functions: -

Transact reinsurance business through treaty and facultative cessions in respect of all or some classes of insurance inside as well as outside the Sub-Region; Create and administer pools for various risks for the account and to the interest of the sub-region's insurance and reinsurance markets; Facilitate the training of insurance and reinsurance industry personnel in the Sub-Region; Provide technical assistance to the insurance and reinsurance institutions of the Sub-Region; Invest its funds in the Sub-Region in a manner that promotes economic development, provided the Company may invest outside the Sub-Region to meet its operational and/or technical requirements; Promote contacts and business co-operation among national insurance and reinsurance institutions in the Sub-Region; and Undertake other activities incidental to its operations, but excluding the underwriting of direct insurance business.