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Africa Re, turnover increasing by 26% during the first quarter of 2018

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Magazine Issue: 
Insurtech, the insurance of the future [3]
Magazine date: 
May 2018

During the first quarter of 2018, Africa Re generated a turnover of 211.1 million USD, increasing by 26.31% compared to 167.13 million USD in the same period of 2017.

Investment income sharply decreased from 13.97 million USD as at March 31, 2017 to 3.34 million USD twelve months later.
This decline is due, according to a press release made public on May 21, 2018, to a volatility of the international financial markets.

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Mon, 28/05/2018 - 12:09

Source URL: https://www.atlas-mag.net/en/article/africa-re-turnover-increasing-by-26-during-the-first-quarter-of-2018

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