Magazine date:
Jul 2018 At the end of 2017, the Société Commerciale Gabonaise de Réassurance (SCG-Ré) posted a net profit of 1.21 billion FCFA (2.02 million USD), up by 112% compared to the previous financial year.
Turnover increased more moderately to 8.6%, going from 11.3 billion FCFA (18.17 million USD) in 2016 to 12.27 billion FCFA (20.53 million USD) a year later.
Shareholder’s equity followed the same upward trend to reach 8.11 billion FCFA (13.57 million USD), against 7.54 billion FCFA (12.12 million USD) in 2016. The Gabonese reinsurer's assets, which were 22.45 billion FCFA (36.1 million USD) twelve months earlier, amounted to 28.68 billion FCFA (47.98 million USD).
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