NamibRe
DATE OF CREATION: September 2001, Namibia | |
CLASSES OF BUSINESS: Life and non life | |
MAIN UNDERWRITING ZONE: Africa |
NamibRe: contact
Adress: NamibRe Building No 39, Cnr Feld and Lazarett street, Windhoek P. O. Box 716, Windhoek, Namibia |
Tel: +264 61 422 800 |
Fax: +264 61 256 904 |
Email: info [at] namibre [dot] com |
Website: www.namibre.com |
NamibRe: rating
Agency | Rating | Outlook |
GCR | AA- (National business) | Stable |
GCR | B+ (International business) | Stable |
NamibRe : main indicators
in thousands USD31/03/2020 | 31/03/2021 | |
Turnover | 41 515 | 46 309 |
Shareholder’s equity | 14 168 | 17 701 |
Net result | 1 538 | 646 |
NamibRe: capital and shareholding
Shareholder | In % |
State of Namibia | 100% |
Share capital | 1 340 000 USD |
NamibRe: technical ratios
31/03/2020 | 31/03/2021 | |
Net loss ratio | 61,2% | 37,4% |
Net management expenses ratio | 39,9% | 63.3% |
Net combined ratio | 101,1% | 100,7% |
NamibRe: management
Faniel Kisting | Chairman of the board |
Patty Karuaihe-Martin | Managing director |
François Francis | General manager finance & administration |
Rudolph Humavindu | General manager reinsurance |
Ntwala Mwilima | General manager corporate affairs and strategy |
Exchange rate as at 31/03/2020 : 1 NAD = 0.05574 USD ; 31/03/2021 : 1 NAD = 0.06701 USD
Source: NamibRe
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