ZB Reinsurance Company

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DATE OF CREATION: 1997, Zimbabwe
CLASS OF BUSINESS: Non life
MAIN UNDERWRITING ZONE: Africa

ZB Reinsurance Company: contact

Address:F21 Natal Road Avondale, Harare Zimbabwe
Tel: +263 8677002001 / +263 4 304044/45/46/49
Email: info [at] zbre [dot] co [dot] zw
Website: www.zb.co.zw

ZB Reinsurance Company : main indicators

in thousands USD
 20192020
Turnover6 57710 632
Shareholder’s equity5 3636 417
Net result4 1025 237

ZB Reinsurance Company : capital and shareholding

ShareholderIn %
ZB Financial Holdings100%
ZB-reinsurance-capital-and-shareholding

ZB Reinsurance Company : technical ratios

 20192020
Net loss ratio42.74%49.51%
Net management expenses ratio54.94%42.15%
Net combined ratio97.68%91.66%

ZB Reinsurance Company : management

Patricia MurambindaChairwoman of the board
Brilliant ShumbaManaging director
John ZikiHead of finance
Kudzanayi David Nyatsine Head of operations
Munyaradzi MudamburiUnderwriting manager

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

Sources: Insurance & Pensions Commission (IPEC) & ZB Re

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