GN Reinsurance Company

GN Reinsurance Company
DATE OF CREATION: 2014, Ghana
CLASS OF BUSINESS: Life and non life
MAIN UNDERWRITING ZONE: Africa

GN Reinsurance Company : contact

Adress: 62, Kinshasa Avenue, East Legon, Accra, Ghana
Tel: +233 (0) 30 254 2417/ 30 254 2418
Email: info [at] gnreinsurance [dot] com
Website: www.gnreinsurance.com

GN Reinsurance Company : Main indicators

in thousands USD
 20182019
Turnover7 8318 337
Shareholder’s equity23 02021 615
Net result-4651 149

GN Reinsurance Company : Turnover by class of business

in thousands USD
 Primes 2019En %
Property damage4 30351.61%
Motor7769.31%
Marine3013.61%
Other risks2 92935.13%
Total non life8 30999.66%
Life280.34%
Grand total8 337100%

GN Reinsurance Company : Capital and shareholding

ShareholderIn %
Ghana Growth Fund100%
GN Reinsurance Company shareholding

GN Reinsurance Company : Technical ratios

 20182019
Loss ratio44%33%
Management expenses ratio64%50%
Combined ratio108%83%

GN Reinsurance Company : management

Papa Kwesi NduomChairman of the board
Joseph Kusi-TiekuChief executive officer
Prince Kwesi NkrumahChief operations officer
Emmanuel Ekow JonahManager of marketing, risk and compliance

Exchange rate as at 31/12/2018 : 1 GHS = 0.20594 ; au 31/12/2019 : 1 GHS = 0.17497 USD

Source: GN Reinsurance Company

GN Reinsurance Company
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