Magazine date:
May 2015 WAICA Reinsurance reports earnings for 2014. Premiums of the Sierra Leonean reinsurer increased by 51.5%. They went from 15 922 737 USD in 2013 to 24 124 158 USD in 2014.
This double-digit growth stemms from the good performance of the fire and engineering classes of business which alone accounts for 42% of total underwritings.
With 3 788 061 USD, pre-tax result grew by 73%. This figure was 2 190 118 a year earlier.