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| | 2019 | 2020 |
| Turnover | 1 752 | 6 623 |
| Shareholder’s equity | 4 203 | 2 873 |
| Net result | 3 894 | 2 070 |
Waica Re Zimbabwe : capital and shareholding
| Shareholder | In % |
| Waica Reinsurance Corporation | 100% |
Waica Re Zimbabwe : technical ratios
| | 2019 | 2020 |
| Net loss ratio | 94.42% | 55.44% |
| Net management expenses ratio | 138.5% | 57.21% |
| Net combined ratio | 232.92% | 112.65% |
Waica Re Zimbabwe : management
| Kofi Duffuor | Group chairman of the board |
| Wilberforce Machimbidzofa | Chief 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)
