Zep Re (PTA Reinsurance Co)
DATE OF CREATION: 1990, Swaziland | |
CLASSES OF BUSINESS: Life and non life | |
MAIN UNDERWRITING ZONE: Africa and Middle East |
Zep Re (PTA Reinsurance Co) : Contact
Adress: Zep-Re Place, 8th floor, Longonot Road, Upper hill. P.O. Box 42769 - 00100, Nairobi, Kenya |
Tel: + 254 20 49 73 000 |
Fax: + 254 20 27 38 444 |
Email: mail [at] zep-re [dot] com |
Website: www.zep-re.com |
Zep Re (PTA Reinsurance Co): rating
Agency | Notation | Outlook |
A.M. Best | B++ | Stable |
GCR | AAA | Stable |
Zep Re (PTA Reinsurance Co): main indicators
In thousands USD2020 | 2021 | |
Turnover | 208 160 | 213 013 |
Shareholder’s equity | 275 752 | 294 841 |
Net result | 17 260 | 18 144 |
Zep Re (PTA Reinsurance Co) : Turnover 2021 by class of business
In thousands USDPremiums | In % | |
Fire & technical risks | 91 870 | 43.13% |
Third party liability | 45 625 | 21.42% |
Marine (1) | 25 647 | 12.04% |
Health | 18 819 | 8.83% |
Motor | 10 950 | 5.14% |
Total non life | 192 911 | 90.56% |
Life | 20 102 | 9.44% |
Grand total | 213 013 | 100% |
(1) Including aviation
Zep Re (PTA Reinsurance Co) : capital and shareholding
Share capital | 58 477 000 USD |
Shareholders | In % |
Kenya Re | 20.40% |
Trade and Development Bank | 18.78% |
African Development Bank | 12.68% |
Government of Rwanda | 6.45% |
Others | 41.69% |
Zep Re (PTA Reinsurance Co): technical ratios (1)
2020 | 2021 | |
Net loss ratio | 66.14% | 56.62% |
Management expenses ratio | 43.77% | 47.19% |
Net combined ratio | 109.91% | 103.81% |
(1) For the non-life activity only
Zep Re (PTA Reinsurance Co) : management
Christabel Banda | Chairman of the board |
Hope Murera | General manager |
Jephita Gwatipedza | COO |
Benjamin Kamanga | Director of strategy & investements |
Deniese Imoukhuede | Chief risk officer |
Source: Zep-Re (PTA Reinsurance Co.)
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Thu, 02/03/2023 - 10:05
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