Magazine date:
Jan 2017 Ranking of African reinsures per combined ratio
| Company | Country | Combined ratio 2015 | Combined ratio 2014 |
|---|---|---|---|
SCG Ré | Gabon | 62% | 55% |
Grand Reinsurance | Zimbabwe | 65.1% | - |
Continental Re | Nigeria | 67% | 90% |
Uganda Re | Uganda | 76.5% | 76.5% |
Zep Re | Zimbabwe | 76.8% | - |
Compagnie Centrale de Réassurance | Algeria | 79% | 72% |
Hannover Reinsurance Africa | South Africa | 80% | 100.4% |
Africa Re | Nigeria | 81.1% | 88.8% |
FBC Re | Zimbabwe | 82.1% | - |
Munich Reinsurance of Africa | South Africa | 85% | 96.1% |
Colonnade Re | Zimbabwe | 85.9% | - |
CICA-Re | Togo | 86% | 75.9% |
ZB Reinsurance | Zimbabwe | 86.8% | - |
Waica Re | Sierra Leone | 87.27% | 91.5% |
FMRE Property & Casualty | Zimbabwe | 87.7% | - |
African Re Corporation (ARCSA) | South Africa | 88% | - |
Tunis Re | Tunisia | 91% | 96.3% |
Société Centrale de Réassurance | Morocco | 92% | 90% |
Kenya Re | Kenya | 93% | 68.3% |
Namibre(1) | Namibia | 93.1% | 93.8% |
Tropical Re | Zimbabwe | 94.9% | - |
General Reinsurance Africa | South Africa | 95% | - |
Scor Africa | South Africa | 97% | - |
RGA Reinsurance Co. of South Africa | South Africa | 99% | - |
Ghana Re | Ghana | 106.5% | 93% |
GIC Re South Africa | South Africa | 115% | - |
Tan Re | Tanzania | 119% | 94,8% |
Nigeria Re | Nigeria | 130.8% | - |
Prima Re | Zambia | 133.6% | - |
Baobab Reinsurance | Zimbabwe | 149.1% | - |
Zep Re (PTA Re) | Kenya | - | 92% |
Hannover Life Reinsurance Africa | South Africa | - | - |
East Africa Re | Kenya | - | 94.5% |
Aveni Re | Côte d’Ivoire | - | 95.3% |
National Re | Sudan | - | - |
Baobab Life & Health | Zimbabwe | - | - |
FMRE Life & Health | Zimbabwe | - | - |
Sen Re | Senegal | - | - |
NCA Re | Côte d’Ivoire | - | - |
Globus Re | Burkina Faso | - | - |
Swiss Re Life & Health Africa | South Africa | - | - |
African reinsurance market: combined ratio of the top ten companies in 2015
