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Ghana Re, 2015 results

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Magazine Issue: 
The digital technology, a new battle field [3]
Magazine date: 
Oct 2016

The Ghanaian reinsurer “Ghana Re” has posted, as at 31/12/2015, a turnover of 125 552 838 GHS (33 million USD), up by 20% (in local currency) compared to the previous year.

In 2015, the non-life production of the reinsurer amounted to 114 382 731 GHS (USD 30.17 million), up by 19.2%. Its life portfolio, however, experienced a more significant growth. The life sales totaled 11 170 107 GHS (USD 2.9 million), an increase of 32.25% compared to 2014.

Despite this increase of activity, the technical results published by the reinsurer remained mixed. Non life insurance recorded a technical loss of 29 106 494 GHS (USD 7.6 million) while life activities generated a technical profit of 3 213 877 GHS (470 844 USD), increasing by 43.3%.

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Tue, 25/10/2016 - 14:41

Source URL: https://www.atlas-mag.net/en/article/ghana-re-2015-results

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[3] https://www.atlas-mag.net/en/issue/the-digital-technology-a-new-battle-field
[4] http://www.atlas-mag.net/en/article/capital-increase-for-ghana-reinsurance
[5] http://www.atlas-mag.net/en/article/abiba-zakariah-promoted-managing-director-of-ghana-re