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 | DATE OF CREATION: 16 June 1995, Ghana |
| CLASSES OF BUSINESS: Life and non life | |
| MAIN UNDERWRITING ZONE: Africa |
Ghana Re: contact
| Address: Plot 24, Sudan Road Ambassador Area, Ridge, Accra P.O. Box AN 7509, Accra North, Ghana |
| Tel: +233 030 2633733 |
| Fax: +233 030 2633711 |
| Email: info@ghanare.com |
| Website: www.ghanare.com |
Ghana Re: ranking
| Agency | Rating | Outlook |
| A.M. Best | B | Stable |
Ghana Re: main indicators
In thousands USD| 2020 | 2021 | |
| Turnover | 52 968 | 62 442 |
| Shareholder’s equity | 65 923 | 70 509 |
| Net result | 7 130 | 8 370 |
Read also | Ghana re: 2020 results increase
Ghana Re: turnover 2020 by class of business
In thousands USD| In % | |
| Fire | 42.55% |
| Marine | 17.14% |
| Motor | 9.11% |
| Aviation | 0.57% |
| Other risks | 20.70% |
| Total non life | 90.07% |
| Life | 9.93% |
| Grand total | 100% |
Ghana Re: capital and shareholding
| Shareholders | In % | Share capital |
| State of Ghana | 100% | 21 251 000 USD |
Ghana Re: technical ratios
| 2020 | 2021 | |
| Net loss ratio | 46.22% | NA |
| Net management expenses ratio | 45.42% | NA |
| Net combined ratio | 91.64% | NA |
Ghana Re: management
| Georges Otoo | Chairman of the board |
| George Y. Mensah | Managing director |
| Monica Amissah | Deputy managing director, technical |
| Joseph Adom | Deputy managing director, finance & administration |
Ghana Re: regional structures
| Nairobi | Kenya |
| Douala | Cameroon |
| Casablanca | Morocco |
Exchange rate as at 31/12/2020 : 1 GHS = 0.17001 USD ; as at 31/12/2021 : 1 GHS = 0.16181 USD
Source: Ghana Re
Read also | Ghana insurance market
