Ranking of African reinsurers based on 2018 turnover

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Figures in USD
RankCompanyCountryClass of businessTurnover
1
Africa Re
NigeriaLife and non life797 415 000
2
Munich Re
South AfricaLife and non life762 954 000
3
Compagnie Centrale de Réassurance
AlgeriaNon life271 150 000
4
Swiss Re Africa
South AfricaLife and non life214 800 000
5
Société Centrale de Réassurance
MoroccoLife and non life211 578 000
6
RGA Re
South AfricaLife207 146 000
7
African Reinsurance Corporation
South AfricaLife and non life203 097 000
8
Hannover Re
South AfricaLife200 068 000
9
Hannover Re
South AfricaNon life192 861 000
10
Genral Reinsurance Africa
South AfricaLife and non life191 545 000

Read also | Insurance companies in Africa: 2019 ranking

11
Zep Re
KenyaLife and non life178 500 000
12
Kenya Re
KenyaLife and non life144 823 000
13
GIC Re
South AfricaNon life138 620 000
14
Continental Re
NigeriaLife and non life93 948 000
15
CICA Re
TogoLife and non life93 153 000
16
SCOR Africa
South AfricaLife and non life87 209 000
17
WAICA Re
Sierra LeoneNon life57 972 000
18
Africa Retakaful
EgyptLife and non life51 730 000
19
Tan Re
TanzaniaLife and non life47 954 000
20
Tunis Re
TunisiaLife and non life47 434 000
21
Ghana Re
GhanaLife and non life42 353 000
22
East Africa Re
KenyaLife and non life39 099 000
23
NCA Re
Côte d'IvoireLife and non life29 236 000
24
AVENI Re
Côte d'IvoireLife and non life28 172 000
25
Sen Re
SenegalLife and non life27 844 000
26
Ethiopian Re
EthiopiaLife and non life23 708 000
27
SCG-Ré
GabonLife and non life22 051 000
28
Grand Re
ZimbabweNon life21 157 000
29
NamibRe
NamibiaLife and non life20 773 000
30
ZB Re
ZimbabweNon life19 157 000
31
Globus Re
Burkina FasoNon life18 098 000
32
FBC Re
ZimbabweNon life17 456 000
33
Zep Reinsurance
ZimbabweNon life16 113 000
34
First Mutual Re
ZimbabweNon life15 911 000
35
Tropical Re
ZimbabweNon life13 297 000
36
Emeritus General Re
ZimbabweNon life12 641 000
37
Mamda Ré
MoroccoNon life12 453 000
38
Uganda Re
UgandaLife and non life9 055 000
39
GN Re
GhanaLife and non life9 038 000
40
Baobab Life & Health Company
ZimbabweLife4 060 000
41
Prima Re
ZambiaNon life2 763 000
42
First Mutual Re (Life & Health)
ZimbabweLife and non life2 600 000
43
Zep Re Life
ZimbabweLife1 614 000
44
FBC Re Life
ZimbabweLife842 000
45
Colonnade Re
ZimbabweNon life644 000

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Mon, 16/03/2020 - 15:17
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