2017 ranking of the African reinsurance compnies according to shareholder’s equity
In thousands USD
Ranking | Company | Country | 2013 | 2014 | 2015 | 2016 | 2017 | Evolution (%) | ||
---|---|---|---|---|---|---|---|---|---|---|
2017 | 2016 | 2016-2017 | 2013-2017 | |||||||
1 | 1 | Africa Re | Nigeria | 677 538 | 736 925 | 780 071 | 812 311 | 902 039 | +11.05 | +33.13 |
2 | 5 | Société Centrale de Réassurance | Morocco | 264 410 | 242 660 | 218 568 | 223 520 | 280 730 | +25.60 | +6.17 |
3 | 2 | Kenya Re | Kenya | 199 675 | 224 499 | 218 188 | 239 909 | 265 957 | +10.86 | +33.19 |
4 | 3 | Compagnie Centrale de Réassurance | Algeria | 278 738 | 269 641 | 241 070 | 238 252 | 251 274 | +5.47 | -9.85 |
5 | 4 | Munich Reinsurance of Africa | South Africa | 223 273 | 237 620 | 204 868 | 235 144 | 232 410 | -1.16 | +4.09 |
6 | 6 | Zep Re (PTA Re) | Kenya | 105 728 | 143 587 | 169 683 | 199 931 | 227 451 | +13.76 | +115.13 |
7 | 7 | General Reinsurance Africa | South Africa | 78 675 | 91 273 | 75 483 | 105 661 | 123 763 | +17.13 | +57.31 |
8 | 12 | Waica Re | Sierra Leone | 29 872 | 33 611 | 38 389 | 62 884 | 84 104 | +33.74 | +181.55 |
9 | 8 | Tunis Re | Tunisia | 68 317 | 68 862 | 91 361 | 77 032 | 77 853 | +1.07 | +13.96 |
10 | 9 | CICA-Re | Togo | 57 951 | 56 882 | 50 964 | 71 673 | 76 959 | +7.38 | +32.80 |
11 | 10 | Nigeria Re (1) | Nigeria | 111 107 | 98 276 | 95 746 | 65 301 | NA | NA | NA |
12 | 13 | Ghana Re | Ghana | 86 113 | 68 495 | 62 500 | 60 557 | 64 585 | +6.65 | -25 |
13 | 16 | Mamda Ré | Morocco | - | - | - | 51 318 | 62 995 | +22.75% | - |
14 | 14 | African Re Corporation (ARCSA) | South Africa | - | 53 593 | 48 660 | 54 173 | 61 845 | +14.16 | - |
15 | 15 | Hannover Reinsurance Africa | South Africa | 70 176 | 64 820 | 48 151 | 53 341 | 61 743 | +15.75 | -12.02 |
16 | 26 | GIC Re South Africa (2) | South Africa | 2 418 | 7 170 | 5 320 | 15 094 | 59 899 | +296.84 | +2377.21 |
17 | 11 | Continental Re | Nigeria | 89 541 | 75 198 | 78 758 | 65 104 | 58 383 | -10.32 | -34.80 |
18 | 17 | Hannover Life Reinsurance Africa | South Africa | 50 594 | 52 686 | 38 233 | 40 723 | 43 152 | +5.96 | -14.71 |
19 | 18 | Swiss Re Life & Health Africa (1) | South Africa | 32 800 | 31 500 | 30 500 | 40 500 | NA | NA | NA |
20 | 20 | Baobab Reinsurance | Zimbabwe | 30 127 | 24 897 | 30 799 | 33 017 | 37 218 | +12.72 | +23.54 |
21 | 19 | East Africa Re (1) | Kenya | 25 732 | 29 703 | 30 003 | 34 018 | ND | ND | ND |
22 | 23 | Aveni Re | Côte d’Ivoire | 20 806 | 21 315 | 17 760 | 18 261 | 32 753 | +79.36 | +57.42 |
23 | 21 | GN Reinsurance | Ghana | - | - | 24 194 | 25 251 | 27 398 | +8.50 | - |
24 | 22 | Tan Re | Tanzania | 24 290 | 24 450 | 22 592 | 23 541 | 24 606 | +4.52 | +1.30 |
25 | 46 | Ethiopian Reinsurance (3) | Ethiopia | - | - | - | - | 21 025 | - | - |
26 | 28 | Scor Africa | South Africa | 21 325 | 20 595 | 13 065 | 13 973 | 20 536 | +46.97 | -3.70 |
27 | 25 | Sen Re | Senegal | 11 886 | 12 745 | 14 560 | 15 540 | 17 298 | +11.31 | +45.53 |
28 | 24 | RGA Reinsurance Co. of South Africa | South Africa | 11 600 | 13 525 | 13 228 | 17 717 | 15 701 | -11.38 | +35.35 |
29 | 27 | NCA Re | Côte d’Ivoire | 12 727 | 12 976 | 13 855 | 14 460 | 15 430 | +6.71 | +21.24 |
30 | 32 | SCG Ré | Gabon | 4 330 | 9 905 | 13 746 | 12 140 | 14 841 | +22.25 | +242.75 |
31 | 34 | Namibre (2) | Namibia | 13 394 | 12 432 | 12 525 | 11 068 | 14 180 | +28.12 | +5.87 |
32 | 30 | FBC Re | Zimbabwe | 8 743 | 10 361 | 11 844 | 12 755 | 13 564 | +6.34 | +55.14 |
33 | 29 | FBC Re | Zimbabwe | - | - | - | 12 879 | 13 537 | +5.11 | - |
34 | 31 | Africa Retakaful (1) | Egypt | - | - | 13 281 | 12 409 | ND | ND | ND |
35 | 35 | ZB Reinsurance | Zimbabwe | 7 015 | 8 390 | 9 475 | 10 036 | 10 222 | +1.85 | +45.72 |
36 | 33 | National Re | Sudan | 2 126 | 1 980 | 19 600 | 11 888 | 9 958 | -16.23 | +368.39 |
37 | 40 | Grand Reinsurance | Zimbabwe | 9 443 | 9 796 | 13 15 | 5 321 | 9 290 | +74.59 | -1.62 |
38 | 36 | First Mutual Reinsurance | Zimbabwe | 5 984 | 6 535 | 6 903 | 9 194 | 8 109 | -11.80 | +35.51 |
39 | 37 | Globus Re | Burkina Faso | 4 744 | 5 034 | 6 627 | 6 979 | 7 998 | +14.60 | +68.59 |
40 | 38 | Baobab Life & Health | Zimbabwe | - | 1 069 | 8 970 | 6 972 | 7 324 | +5.05 | - |
41 | 39 | Uganda Re | Uganda | 2 694 | 3 759 | 4 134 | 5 672 | 6 700 | +18.12 | +148.70 |
42 | 43 | Zep Re | Zimbabwe | 1 234 | 3 504 | 2 948 | 5 890 | +99.80 | - | |
43 | 41 | Tropical Re | Zimbabwe | 2 324 | 3 469 | 3 723 | 4 635 | 4 774 | +3 | +105.42 |
44 | 42 | Prima Re | Zambia | 6 766 | 5 871 | 3 563 | 4 277 | 4 673 | +9.26 | -30.93 |
45 | 44 | First Mutual Reinsurance (Life & Health) | Zimbabwe | 1 172 | 661 | 535 | 1 531 | 2 117 | +38.28 | +80.63 |
46 | 45 | Colonnade Re | Zimbabwe | 1 542 | 1 808 | 1 524 | 1 177 | 635 | -46.05 | -58.82 |
(1) Figures 2017 not available
(2) Fiscal year ending March 31st
(3) Established in July 2016
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Fri, 14/12/2018 - 10:53
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