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Africa Re has published its technical and financial results for the first half of 2025 in accordance with IFRS 4 and IFRS 17 accounting standards.
| Business indicators | H1 2025 | H1 2024 | Evolution |
|---|---|---|---|
| Gross written premiums | 644.297 | 558.742 | 15.31% |
| Gross earned premiums | 612.845 | 528.901 | 15.87% |
| Net earned premiums | 502.459 | 433.656 | 15.87% |
| Technical expenses | 416.654 | 353.531 | 17.86% |
| Management expenses | 31.459 | 26.083 | 20.61% |
| Investment and other income | 51.153 | 42.022 | 21.73% |
| Net result | 102.081 | 85.092 | 19.97% |
| Business indicators | H1 2025 | H1 2024 | Evolution |
|---|---|---|---|
| Gross reinsurance revenue | 612.845 | 528.901 | 15.87% |
| Net reinsurance revenue | 522.709 | 454.139 | 15.10% |
| Net Reinsurance Service Expenses | 425.533 | 336.413 | 26.49% |
| Net Reinsurance Service Result | 97.176 | 177.726 | -45.32% |
| Net Reinsurance Result | 55.998 | 62.719 | -10.72% |
| Net Investment Income | 50.355 | 42.022 | 19.83% |
| Net result | 102.937 | 93.77 | 9.78% |
