African reinsurers in 2021: share capital, shareholder’s equity and net result
In thousands USD
| Company | Country | 2021 indicators | ||
|---|---|---|---|---|
| Sharehlder's equity | Net result | Share capital | ||
| Tropical Reinsurance | Zimbabwe | 5 405 | 11 081 | 4 |
| SCOR SE - Africa Branch | South Africa | -28 939 | -29 044 | - |
| Emeritus Re (Life) | Zimbabwe | 8 171 | 7 270 | 62 |
| Emeritus Reinsurance | Zimbabwe | 7 133 | 5 173 | 302 |
| First Mutual Reinsurance (Life & Health) | Zimbabwe | 1 549 | 1 084 | 21 |
| FBC Reinsurance | Zimbabwe | 9 241 | 5 508 | 401 |
| First Mutual Reinsurance | Zimbabwe | 4 426 | 2 105 | 714 |
| ZB Reinsurance | Zimbabwe | 8 851 | 3 982 | 23 |
| Grand Reinsurance | Zimbabwe | 3 185 | 822 | 53 |
| Waica Re Zimbabwe | Zimbabwe | 6 220 | 1 596 | 56 |
| Continental Re Kenya | Kenya | 25 231 | 5 224 | 13 170 |
| WAICA Re | Sierra Leone | 113 740 | 19 929 | 65 000 |
| Zep Re Life | Zimbabwe | 1 068 | 150 | - |
| Compagnie Centrale de Réassurance | Algeria | 276 164 | 36 059 | 180 076 |
| WAICA Re Kenya | Kenya | 11 529 | 1 478 | 9 680 |
| Continental Re | Nigeria | 105 049 | 13 241 | 15 208 |
| Uganda Re | Uganda | 12 948 | 1 541 | 4 142 |
| Ghana Re | Ghana | 70 509 | 8 370 | 21 251 |
| Société Centrale de Réassurance | Morocco | 287 050 | 33 460 | 235 400 |
| GIC Re South Africa (2) | South Africa | 107 456 | 12 123 | 78 768 |
| Tan Re | Tanzania | 37 703 | 4 129 | 37 703 |
| Zep Reinsurance | Zimbabwe | 9 066 | 942 | - |
| Globus Re | Burkina Faso | 8 927 | 867 | 6 920 |
| SCG-Ré | Gabon | 19 984 | 1 761 | 17 300 |
| Ghana Re Kenya | Kenya | 12 297 | 1 082 | 8 780 |
| CICA-RE | Togo | 154 060 | 13 361 | 104 000 |
| African Reinsurance Corporation | South Africa | 61 582 | 5 116 | 5 032 |
| Kenya Re | Kenya | 325 207 | 26 062 | 61 456 |
| Tunis Re | Tunisia | 77 706 | 5 804 | 34 703 |
| Sen Re | Senegal | 22 100 | 1 630 | 17 257 |
| Zep Re (PTA Reinsurance Co) | Kenya | 294 841 | 18 144 | 58 477 |
| NCA Re | Côte d'Ivoire | 24 251 | 1 463 | 19 835 |
| Mainstream Re | Ghana | 20 283 | 1 191 | - |
| FBC Reinsurance (Life) | Zimbabwe | 9 783 | 542 | 401 |
| Aveni Re | Côte d'Ivoire | 20 305 | 885 | 27 000 |
| Africa Re | Nigeria | 1 000 714 | 38 823 | 286 361 |
| NamibRe (2) | Namibia | 17 701 | 646 | 1 340 |
| East Africa Re | Kenya | 47 487 | 1 206 | 13 170 |
| Zambia Re | Zambia | 5 541 | 78 | 2 702 |
| Hannover Re South Africa | South Africa | 104 090 | -23 434 | 73 781 |
| Munich Reinsurance Co. of Africa | South Africa | 103 470 | -88 432 | 34 150 |
| General Re Africa | South Africa | 81 621 | -111 102 | 62 921 |
| Africa Retakaful Company (3) | Egypt | - | -16 195 | 30 000 |
| Ethiopian Re (3) | Ethiopia | - | 5 033 | 22 830 |
(1) Ranking in descending order of ROE
(2) Year ending March
(3) Year ending June
Read also | African reinsurers: turnover 2021
