NCA Re
 | DATE OF CREATION: 2012, Côte d’Ivoire |
| CLASSES OF BUSINESS: Life and non life | |
| MAIN UNDERWRITING ZONES: Africa, Middle East and Asia |
NCA Re: contact
| Adress: Riviera route Abatta, Abidjan Cocody , 01 B.P 5962 Côte d'Ivoire |
| Tel: 00 225 22 51 10 50 |
| Fax: 00 225 20 21 90 73 |
| Email: infos [at] nca-re [dot] net |
| Website: www.nca-re.net |
NCA Re: rating
| Agency | Rating | Outlook |
| GCR | BBB- | - |
NCA Re: main indicators
in thousands USD| 2020 | 2021 | |
| Turnover | 34 092 | 34 670 |
| Shareholder's equity | 24 052 | 24 251 |
| Net result | 1 109 | 1 463 |
NCA Re: turnover 2021 by class of business
in thousands USD| Premiums | In % | |
| Property damage | 22 778 | 65.7% |
| Marine | 1 373 | 3.96% |
| Motor | 1 095 | 3.16% |
| Miscellaneous risks | 8 427 | 24.31% |
| Total non life | 33 673 | 97.13% |
| Life | 997 | 2.87% |
| Grand total | 34 670 | 100% |
NCA Re: capital and shareholding
| Shareholders | In % |
| Insurance, reinsurance and insurance brokerage companies | 64.11% |
| Investement fund | 19.12% |
| Individuals | 11.27% |
| Financial institution | 5.50% |
 | |
NCA Re: technical ratios
| 2020 | 2021 | |
| Gross loss ratio | 38.18% | 19.73% |
| Management expenses ratio | 43.73% | 43.57% |
| Gross combined ratio | 81.91% | 63.3% |
NCA Re: management
| Keita Ibrahim Moriba | Chairman of the board |
| Nazaire Blekou Abbey | Administrator, general manager |
| Ouattara Fati Gnakoua | Manager, finance and accounting |
| Bukola Ademola Amos | Manger, marketing and development |
| Tah Jean-Jacques | Technical manager |
| Koffi Pacome | Manager, risks, accounts and claims |
Exchange rate: 1 USD = 550 XOF
Source: NCA Re
Read also | Ivorian insurance market
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