Radiant increases its turnover

Two years after its establishment, Radiant is positioned as one of Rwandan market leaders. Its turnover, which amounted to 3.3 billion RWF (4.9 million USD) at the end of 2013, climbed to 6.037 billion RWF (8.8 million USD) in 2014.

At the end of last year, Radiant has 10 direct underwriting offices and thirty exclusive general agents.

The portfolio is dominated by property damage insurance that accounted for 40% of turnover in 2014, followed by motor and health risks which represent respectively 35% and 25% of the underwritings.