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), Johannesburg (South Africa)

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
 20192020
Turnover210 282295 737
Shareholder’s equity259 307290 931
Net result28 97035 684

Société Centrale de Réassurance : turnover 2020 by class of business

in thousands USD
 PremiumsIn %
Property damage133 56045.16%
Motor69 44023.48%
Marine31 11010.52%
Others48 14716.28%
Total non life282 25795.44%
Life13 4804.56%
Grand total295 737100%

Société Centrale de Réassurance : capital and shareholding

ShareholdersIn %
Caisse de Dépôt et de Gestion94.41%
AXA Assurances Maroc4.68%
M.C.M.A0.91%
SCR Morocco shareholding

Société Centrale de Réassurance : technical ratios

 20192020
Net loss ratio40.77%56.32%
Net management expenses ratio43.82%34.15%
Net combined ratio84.59%90.47%

Société Centrale de Réassurance : management

Abdellatif ZaghnounChairman of the board
Youssef Fassi FihriChief executive officer
Vincent GrailhonHead of international inward treaties non life business and customer relationship
Khalid AlabaddanHead of international inward facultatives non life business and specialty lines
Leila El BahtouriHead of domestic treaties and development of motor and agriculture LOB
Nawal HimesHead of life and retakaful
Nabil CherkaouiHead of claims and legal
Latifa MezouariHead of finance and accounting
Anas YoussfiHead of ERM
Maryama Hilal Er RhaiminiHead of management control, permanent control and compliance
Amine RyaneHead of strategy, marketing and corporate communication
Mostafa Arradi AlaouiHead of HR , service quality and supports
Fayçal CharriHead of IT and digital transformation
Mohamed El OuaggagiHead of pricing, portfolio, monitoring and catastrophic risks

Exchange rate as at 31/12/2019 : 1 MAD = 0,10306 ; as at 31/12/2020 : 1 MAD = 0,11102 USD

Read also | The history of SCR

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