Ghana Re Kenya

Ghana-reDATE OF CREATION: 2011
CLASS OF BUSINESS: Non life
MAIN UNDERWRITING ZONE: Kenya

Ghana Re Kenya: contact

Adress: TRV Office Plaza, 58 Muthithi Road, P.O Box 42916-00100 Nairobi, Kenya
Tel: +254 20 3748974/5
Email: info_kenya [at] ghanare [dot] com

Ghana Re Kenya: main indicators

In thousands USD

 20202021
Turnover7 44911 489
Shareholder’s equity11 47212 297
Net result1 1681 082

Ghana Re Kenya: turnover 2021 by class of business

In thousands USD

 PremiumsIn %
Fire5 81350.60%
Health1 65814.43%
Engineering1 0098.78%
Motor5484.77%
Marine and aviation6815.93%
Miscellaneous risks (1)1 78015.49%
Total11 489100%

(1) Including third party liability, workmen's compensation, theft and personal accident

Ghana Re Kenya: capital and shareholding

ShareholderIn %
Ghana Re100%

Share capital8 780 000 USD

Ghana Re Kenya: technical ratios

 20202021
Net loss ratio34.60%36.68%
Net management expenses ratio52.85%45.99%
Net combined ratio87.45%82.67%

Ghana Re Kenya: management

Madeleine NangayoRegional manager

Exchange rate as at 31/12/2020 : 1 KES = 0.00910 USD ; 31/12/2021 : 1 KES = 0.00878 USD

Source: Insurance Regumatory Authority, Kenya (IRA)

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