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
Agency | Rating | Outlook |
A.M. Best | B+ | Stable |
GCR | AAA (national business) | Stable |
GCR | BB+ (international business) | Stable |
CICA-RE : main indicators
in thousands USD2020 | 2021 | |
Turnover | 158 254 | 176 174 |
Shareholder’s equity | 141 798 | 154 060 |
Net result | 10 441 | 13 361 |
CICA-RE : turnover 2021 by class of business
in thousands USDPremiums | In % | |
Property damage | 95 898 | 54.44% |
Motor | 21 108 | 11.98% |
Marine | 12 796 | 7.26% |
Miscellaneous risks | 33 843 | 19.21% |
Total non life | 163 645 | 92.89% |
Life | 12 529 | 7.11% |
Grand total | 176 174 | 100% |
CICA-RE : Capital and shareholding
Shareholders | In % |
States and subdivisions | 54.09% |
Insurance companies | 32.66% |
Financial institutions | 13.25% |
CICA-RE : technical ratios
2020 | 2021 | |
Gross loss ratio | 47.23% | 46.43% |
Management expenses ratio | 31.61% | 32.73% |
Gross combined ratio | 78.84% | 79.16% |
CICA-RE : management
Olivier Mebiame Assame | Chairman of the board |
Diarassouba Karim | General manager |
Saba Abdias | Deputy general manager |
Source : CICA-RE
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Thu, 23/03/2023 - 10:36
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