CICA-RE

CICA-RE
DATE OF CREATION: 1981, Togo
CLASSES OF BUSINESS: Life and non life
MAIN UNDERWRITING ZONE: Africa
REGIONAL STRUCTURES: Douala (Cameroon), Abidjan (Côte d'Ivoire), Nairobi (Kenya), Tunis (Tunisia)

CICA-RE : contact

Adress: Cité OUA Immeuble CICA-RE 07 BP 12410 Lomé-Nyéko Togo
Tel: (+228) 22 23 62 62 / 65 / 69 - 22 61 35 94/95
Email: cica-re [at] cica-re [dot] com
Website: www.cica-re.com

CICA-RE : rating

AgencyRatingOutlook
A.M. BestB+Stable
GCRAAA (national business)Stable
GCRBB+ (international business)Stable

CICA-RE : main indicators

in thousands USD
 20202021
Turnover158 254176 174
Shareholder’s equity141 798154 060
Net result10 44113 361

CICA-RE : turnover 2021 by class of business

in thousands USD
 PremiumsIn %
Property damage95 89854.44%
Motor21 10811.98%
Marine12 7967.26%
Miscellaneous risks33 84319.21%
Total non life163 64592.89%
Life12 5297.11%
Grand total176 174100%

CICA-RE : Capital and shareholding

ShareholdersIn %
States and subdivisions54.09%
Insurance companies32.66%
Financial institutions13.25%
Cica-re-shareholding-2021

CICA-RE : technical ratios

 20202021
Gross loss ratio47.23%46.43%
Management expenses ratio31.61%32.73%
Gross combined ratio78.84%79.16%

CICA-RE : management

Olivier Mebiame AssameChairman of the board
Diarassouba KarimGeneral manager
Saba AbdiasDeputy general manager

Source : CICA-RE

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