SCR - Société Centrale de Réassurance

SCR Morocco
DATE OF CREATION: 9 March 1960, Morocco
CLASSES OF BUSINESS: Life and non life
MAIN UNDERWRITING ZONES: Africa and Middle East
REGIONAL STRUCTURES: Abidjan (Côte d’Ivoire), Kigali (Rwanda), Cairo (Egypt)

Société Centrale de Réassurance : contact

Adresse: Tour Atlas, Place Zallaqa B.P. 13 183 Casablanca, Morocco
Tel: +212 522 46 04 00
Fax: +212 522 46 04 60
Email: scr [at] scrmaroc [dot] com / mberrada [at] scrmaroc [dot] com
Site web: www.scrmaroc.com

Société Centrale de Réassurance : rating

AgencyRatingOutlook
A.M. BestB++Stable
Fitch RatingsAAA(Local rating)Stable

Société Centrale de Réassurance : main indicators

in thousands USD
 20182019
Turnover211 578210 280
Shareholder’s equity255 840259 310
Net result31 37628 970

Société Centrale de Réassurance : turnover 2019 by class of business

in thousands USD
 Premiums 2019In %
Fire92 31343.9%
Motor60 98129%
Marine *26 49512.6%
Technical risks10 0934.8%
Others **8 6224.1%
Total non life198 50494.4%
Life11 7765.6%
Grand total210 280100%

* Including aviation

** Including third party liability, health and accident

Société Centrale de Réassurance : capital and shareholding

ShareholdersIn %
Caisse de Dépôt et de Gestion94.41%
AXA Assurances Maroc4.18%
M.C.M.A0.91%
Guardian Royal Exchange0.5%
SCR Morocco shareholding

Société Centrale de Réassurance : technical ratios

 20182019
Net loss ratio60.3%40.8%
Net management expenses ratio31.9%43.8%
Net combined ratio92.2%84.6%

Société Centrale de Réassurance : management

Abdellatif ZaghnounChairman of the board
Youssef Fassi FihriChief executive officer
Mohamed Ait AmarAdvisor to CEO
Amine RyaneHead of strategy, marketing and corporate communication
Vincent GrailhonHead of international inward treaties non life business and customer relationship
Khalid Al AbaddanHead of international inward facultatives non life business and specialty lines
Abdelhadi El OmariHead of domestic inward facultatives non life business and customer relationship
Laila El BahtouriHead of domestic treaties and development of motor and agriculture LOB
Nawal HimesHead of life and retakaful
Latifa MezouariHead of finance and accounting
Mostafa Arradi AlaouiHead of HR, service quality and supports
Nabil CherkaouiHead of claims and legal
Mouna BouânaneHead of pricing, portfolio, monitoring and catastrophic risks

Exchange rate as at 31/12/2018 : 1 MAD = 0.10456 ; as at 31/12/2019 : 1 MAD = 0.10306 USD

Read also | The history of SCR

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