Waica Re Zimbabwe
![]() | 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 USD2019 | 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)
Read also | WAICA Re

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