Zambia Re
DATE OF CREATION : 11 août 2006, Zambia | |
CLASSES OF BUSINESS : Life and non life | |
MAIN UNDERWRITING ZONE : Africa |
Zambia Re : contact
Adress : Plot 187C, Namambozi Road, Fairview. P. O. Box 658, P/B E891 Lusaka, Zambia |
Tel :+260 971 695149 / +260 211 221158 |
Email :info [at] zambiare [dot] co [dot] zm |
Website :www.zambiare.co.zm |
Zambia Re : rating
Agency | Rating | Outlook |
GCR | A- (National business) | Stable |
Zambia Re : main indicators
in thousands USD2020 | 2021 | |
Turnover | 2 395 | 4 729 |
Shareholder's equity | 4 223 | 5 541 |
Net result | 318 | 78 |
Zambia Re : Turnover 2021 by class of business
in thousands USDPremiums | In % | |
Fire | 2 825 | 59.75% |
Engineering | 1 011 | 21.38% |
Accident | 378 | 7.98% |
Motor | 171 | 3.61% |
Marine | 128 | 2.71% |
Total non life | 4 513 | 95.43% |
Life | 216 | 4.57% |
Grand total | 4 729 | 100% |
Zambia Re : capital and shareholding
Shareholders | In % |
Industrial Development Company (IDC) | 28.17% |
National Pension Scheme Authority (NAPSA) | 14.27% |
Exhilda Mwinji Lumbwe | 6.53% |
Madison Pension Trust Fund | 6.37% |
Others | 44.66% |
Zambia Re : technical ratios
2020 | 2021 | |
Net loss ratio | 23.96% | 20.87% |
Net management expenses ratio | 58.38% | 73.88% |
Net combined ratio | 82.34% | 94.75% |
Zambia Re : management
Joyce Muwo-Mwansa | Chairperson of the board |
Exhilda Lumbwe | Managing director |
Chama Chipulu | Finance manager |
Brian Mateyo | Underwriting manager |
Exchange rate at 31/12/2020 : 1 ZMW = 0.04725 USD ; as at 31/12/2021 : 1 ZMW = 0.06004 USD
Source: Zambia Re
Lire aussi | Reinsurance in Sub-Saharan Africa
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