Africa Re - African Reinsurance Corporation

Africa ReDATE OF CREATION: 24 February 1976
CLASSES OF BUSINESS: Life and non-life
MAIN UNDERWRITING REGIONS: Africa and Middle East
CONTACT: Africa Re Building Plot 1679 Karimu Kotun Street, Victoria Island PMB 12765 Lagos - Nigeria
Tel: +234 (1) 280 09 24
Fax: +234 (1) 280 00 74
Email: info [at] africa-re [dot] com
Website: www.africa-re.com

Africa Re: Main indicators in USD

in USD
 20172018Africa Re
Turnover746 829 000797 415 000
Shareholder’s equity902 039 000917 047 000
Net result87 982 00031 269 000

Africa Re: Turnover 2018 by class of business

 PremiumsIn %
Accident and motor259 455 00032.54%
Fire and engineering323 760 00040.60%
Marine and aviation50 385 0006.32%
Oil and energy111 805 00014.02%
Total non-life745 405 00093.48%
Life52 010 0006.52%
Grand total797 415 000100%
Africa Re chiffre Turnover

Africa Re: Capital and shareholding

ShareholdersIn %
41 Member States35%
African Development Bank (AfDB)8%
112 African insurance and reinsurance companies34%
3 Non-African investors23%
Africa Re capital

Africa Re: Net technical ratios

 20172018
Loss ratio60.41%61.07%
Management expenses ratio34.46%35.86%
Combined ratio94.87%96.93%
Africa Re actionnariat

Africa Re: Management

Hassan BoubrikChairman of the board
Corneille KarekeziGroup managing director, chief executive officer
Ken AghoghovbiaDeputy managing director, chief operating officer
Seydou KoneDirector of finance and accounts (DFA)

Africa Re: Regional structures

LagosNigeriaEbeneMauritius
AbidjanCôte d’IvoireAddis-Abeba Ethiopia
CasablancaMoroccoJohannesburgSouth Africa
CairoEgyptKampalaUganda
NairobiKenya  

Africa Re : Rating

AgencyRatingOutlook
A.M. BestAStable
Standard & Poor'sA-Stable
0
Your rating: None
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