Zambia Re

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

AgencyRatingOutlook
GCRA- (National business)Stable

Zambia Re : main indicators

in thousands USD
 20202021
Turnover2 3954 729
Shareholder's equity4 2235 541
Net result31878

Zambia Re : Turnover 2021 by class of business

in thousands USD
 PremiumsIn %
Fire2 82559.75%
Engineering1 01121.38%
Accident3787.98%
Motor1713.61%
Marine1282.71%
Total non life4 51395.43%
Life2164.57%
Grand total4 729100%

Zambia Re : capital and shareholding

ShareholdersIn %
Industrial Development Company (IDC)28.17%
National Pension Scheme Authority (NAPSA)14.27%
Exhilda Mwinji Lumbwe6.53%
Madison Pension Trust Fund6.37%
Others44.66%
Zambia Re actionnariat

Zambia Re : technical ratios

 20202021
Net loss ratio23.96%20.87%
Net management expenses ratio58.38%73.88%
Net combined ratio82.34%94.75%

Zambia Re : management

Joyce Muwo-MwansaChairperson of the board
Exhilda LumbweManaging director
Chama ChipuluFinance manager
Brian MateyoUnderwriting 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

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