Magazine date:
Jan 2017 Ranking of African reinsurers per net result
in thousands USD| Company | Country | Net result 2015 | Net result 2014 | 2014-2015 evolution |
|---|---|---|---|---|
Africa Re | Nigeria | 103 656 | 118 504 | -12.5% |
Kenya Re | Kenya | 35 358 | 35 230 | 0.4% |
Compagnie Centrale de Réassurance | Algeria | 26 983 | 31 826 | -15.2% |
Zep Re (PTA Re) | Kenya | 19 961 | 18 706 | 6.7% |
Société Centrale de Réassurance | Morocco | 19 560 | 35 210 | -44.4% |
General Reinsurance Africa | South Africa | 16 987 | 20 517 | -17.2% |
Munich Reinsurance of Africa | South Africa | 16 129 | 25 927 | -37.8% |
Continental Re | Nigeria | 14 838 | 8 081 | 83.6% |
Hannover Life Reinsurance Africa | South Africa | 8 707 | 6 776 | 28.5% |
Tunis Re | Tunisia | 7 108 | 5 753 | 23.6% |
Hannover Reinsurance Africa | South Africa | 7 085 | 956 | 641.1% |
RGA Reinsurance Co. of South Africa | South Africa | 6 203 | 1 791 | 246.3% |
Waica Re | Sierra Leone | 5 794 | 3 739 | 55% |
CICA-Re | Togo | 5 398 | 4 424 | 22% |
East Africa Re | Kenya | 4 298 | 4 189 | 2.6% |
Nigeria Re | Nigeria | 2 725 | 492 | 453.9% |
Zep Re | Zimbabwe | 2 270 | -19 | - |
African Re Corporation (ARCSA) | South Africa | 2 247 | 6 600 | -66% |
Aveni Re | Côte d’Ivoire | 1 915 | 1 600 | 19.7% |
FBC Re | Zimbabwe | 1 837 | 1 929 | -4.8% |
Tan Re (1) | Tanzania | 1 635 | 2 220 | -26.4% |
Sen Re | Senegal | 1 269 | 1 254 | 1.2% |
SCG Ré | Gabon | 1 246 | 3 088 | -59.7% |
NCA Re | Côte d’Ivoire | 1 242 | 879 | 41.3% |
National Re | Sudan | 1 200 | 230 | 421.7% |
Namibre(1) | Namibia | 1 167 | 834 | 39.9% |
ZB Reinsurance | Zimbabwe | 1 104 | 1 424 | -22.5% |
Globus Re | Burkina Faso | 961 | 713 | 34.8% |
Grand Reinsurance | Zimbabwe | 844 | 182 | 363.7% |
FMRE Property & Casualty | Zimbabwe | 714 | 935 | -23.6% |
Tropical Re | Zimbabwe | 271 | 999 | -72.9% |
Colonnade Re | Zimbabwe | 271 | 265 | 2.3% |
Uganda Re | Uganda | 252 | 58 | 334.5% |
Prima Re | Zambia | 161 | 302 | -46.7% |
Swiss Re Life & Health Africa | South Africa | - | - | - |
Baobab Life & Health | Zimbabwe | - | - | - |
FMRE Life & Health | Zimbabwe | - | - | - |
Emeritus Reinsurance | South Africa | -183 | -203 | -9.9% |
GIC Re South Africa (1) | South Africa | -443 | 273 | -262.3% |
Scor Africa | South Africa | -1 061 | 1 658 | -164.0% |
Baobab Reinsurance | Zimbabwe | -3 372 | - 5 296 | -36.3% |
Ghana Re | Ghana | -6 781 | - 3 930 | 72.5% |
Reinsurance in Africa: top ten reinsurers per net result in 2015
