Waica Re Zimbabwe

Waica Re
DATE OF CREATION: 2005, Zimbabwe
CLASS OF BUSINESS: Non life
MAIN UNDERWRITING ZONE: Africa

Waica Re Zimbabwe : contact

Adress: No. 1 Mold Crescent, Kensington, Harare, Zimbabwe
Tel: +263 242 753176 +263 242 751700 +263 242 781745
Email: info [at] waicare [dot] com

Waica Re Zimbabwe : main indicators

in thousands USD
 20192020
Turnover1 7526 623
Shareholder’s equity4 2032 873
Net result3 8942 070

Waica Re Zimbabwe : capital and shareholding

ShareholderIn %
Waica Reinsurance Corporation100%
Waica-re-shareholding-2020

Waica Re Zimbabwe : technical ratios

 20192020
Net loss ratio94.42%55.44%
Net management expenses ratio138.5%57.21%
Net combined ratio232.92%112.65%

Waica Re Zimbabwe : management

Kofi DuffuorGroup chairman of the board
Wilberforce MachimbidzofaChief executive officer, Zimbabwe

Exchange rate at 31/12/2020 : 1 USD = 81.7866 ZWL

Waica Re Zimbabwe: Former Colonnade Reinsurance Company

Source: Insurance & Pensions Commission (IPEC)

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