2017 ranking of African reinsurers according to the combined ratio
| Company | Country | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
|---|---|---|---|---|---|---|---|
Africa Re | Nigeria | 91.60% | 92.58% | 88.83% | 86.86% | 90.13% | 94.87% |
Munich Reinsurance of Africa | South Africa | 83% | 87% | 96.10% | 85% | 100% | 104% |
Compagnie Centrale de Réassurance | Algeria | 78% | 76% | 72% | 79.31% | 81.41% | 83.48% |
Société Centrale de Réassurance | Morocco | 91% | 77% | 81% | 79% | 94% | 93% |
RGA Reinsurance Co. of South Africa | South Africa | NA | 120% | 123% | 99% | 119% | 133% |
Hannover Reinsurance Africa | South Africa | 58% | 68% | 75% | 80% | 76% | 81% |
African Re Corporation (ARCSA) | South Africa | 84% | 82% | 91% | 88% | 87% | 102% |
General Reinsurance Africa | South Africa | 102% | 89% | 94% | 95% | 103% | 107% |
Zep Re (PTA Re) | Kenya | 85.32% | 85.20% | 92% | NA | 89.80% | 88.90% |
Kenya Re | Kenya | 101.70% | 92.02% | 68.30% | 93% | 94.18% | 92.42% |
GIC Re South Africa | South Africa | 60.60% | 104.10% | 108.90% | 109% | 107.40% | 99.70% |
Scor Africa | South Africa | 74% | 71% | 74% | 97% | 92% | 114% |
CICA-Re | Togo | 87.66% | 95.58% | 75.93% | 85.75% | 88.33% | 90.72% |
Continental Re | Nigeria | 83.55% | 87% | 63% | 89% | 98% | 94% |
Waica Re | Sierra Leone | 115% | 90% | 83% | 84% | 81% | 85% |
Tunis Re | Tunisia | 98% | 95.50% | 96.30% | 91.60% | 90.50% | 101.70% |
Ghana Re | Ghana | 48% | 90.85% | 91% | 106.50% | 90.97% | 104.98% |
East Africa Re | Kenya | 98.50% | 95.40% | 93.40% | 95.80% | 96.40% | NA |
Tan Re | Tanzania | 105.89% | 95.98% | 94.63% | 91% | 96.25% | NA |
Aveni Re | Côte d'Ivoire | 91.90% | 79% | 88.10% | 103.50% | 97.70% | NA |
NCA Re | Côte d'Ivoire | NA | NA | NA | NA | 92.50% | 92.60% |
Sen Re | Senegal | 85.73% | 97.62% | 93.09% | 98% | NA | NA |
Namibre | Namibia | 87.09% | 98.87% | 93.80% | 93.10% | 93.14% | 91.59% |
Ethiopian Reinsurance | Ethiopia | NA | NA | NA | NA | NA | 88.87% |
SCG Ré | Gabon | 92% | 81% | 55% | 62% | 77% | 88% |
Globus Re | Burkina Faso | NA | NA | NA | NA | 73.70% | 90% |
ZB Reinsurance | Zimbabwe | 95.43% | 95.56% | 89.65% | 86.80% | 96.18% | 95% |
First Mutual Reinsurance | Zimbabwe | 100.08% | 90.65% | 92.98% | 87.70% | 96.75% | 121% |
GraNA Reinsurance | Zimbabwe | 92.42% | 106.56% | 94.55% | 65.10% | 78.25% | 79% |
Tropical Re | Zimbabwe | 86.48% | 90.30% | 90.11% | 94.90% | 89.69% | 102.73% |
Zep Re | Zimbabwe | 99.73% | 72.49% | 101.94% | 76.80% | 80.99% | 96% |
Mamda Ré | Morocco | NA | NA | NA | NA | 91.21% | 93.18% |
GN Reinsurance | Ghana | NA | NA | NA | 150.44% | 70.60% | 82.65% |
Baobab Reinsurance | Zimbabwe | 127.34% | 112.31% | 154.30% | 149.10% | 102.77% | 84.16% |
UgaNAa Re | Uganda | NA | 82% | 76% | 70% | 61% | 65% |
Prima Re | Zambia | NA | NA | NA | 133.60% | NA | NA |
Nigeria Re | Nigeria | NA | NA | NA | 130.80% | NA | NA |
Colonnade Re | Zimbabwe | 78.88% | 85.24% | 89.72% | 85.90% | 123.63% | 117.79% |
FBC Re | Zimbabwe | 91.91% | 88.40% | 83.33% | 82.10% | 91.32% | 97% |
NA : not available
