SCOR SE - Africa Branch
DATE OF CREATION : 2009, South Africa | |
CLASSES OF BUSINESS : Life and non life | |
MAIN UNDTERWRITING ZONE : South Africa | |
REGIONAL STRUCTURE : Nairobi, Kenya |
SCOR SE - Africa Branch : contact
Adress : The Firestation Building, Corner of Bath and Baker Street Rosebank, 2196 Johannesburg, South Africa |
Tel : +27 11 507 3900 |
Fax: +27 11 507 3939 |
Email : jyalezo [at] scor [dot] com |
Website : www.scor.com |
SCOR SE - Africa Branch : main indicators
In thousands USD2020 | 2021 | |
Turnover | 101 350 | 100 141 |
Shareholder's equity | 34 586 | -28 939 |
Net result | 4 653 | -29 044 |
SCOR SE - Africa Branch : shareholding
Shareholder | In % |
SCOR SE | 100% |
SCOR SE - Africa Branch : technical ratios
2020 | 2021 | |
Net loss ratio | 60% | 138% |
Management expenses ratio | 35% | 24% |
Net combined ratio | 95% | 162% |
SCOR SE - Africa Branch : management
Terrance Ray | Chief executive officer (CEO) |
Bernard Ross | Managing director life |
Mohamed Motala | Managing director non life |
* Following the sale of Scor Africa Ltd to SCOR SE, based in France, a new branch SCOR SE- Africa Branch is created. The latter has been managing all South African business since 1st January 2021
Exchange rate as 31/12/2020 : 1 ZAR = 0.06823 USD ; as 31/12/2021 : 1 ZAR = 0.06267 USD
Sources: Scor, S&P, KPMG
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