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2017 ranking of the African reinsurance companies per net result

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Magazine Issue: 
Reinsurance, the lingering war [3]
Magazine date: 
Dec 2018
In thousands USD
RankingCompanyCountry20132014201520162017Evolution (%)
201720162016-20172013-2017
11
Africa Re
Nigeria84 801118 504103 656100 20287 982-12.20+3.75
239
Munich Reinsurance of Africa
South Africa29 28625 92716 129-1 28470 449-5586.68+140.56
34
Société        Centrale de Réassurance
Morocco50 05935 21019 55825 44052 730+107.27+5.34
42
Kenya Re
Kenya32 81135 23035 35832 67934 972+7.02+6.59
53
Compagnie Centrale de Réassurance
Algeria34 01531 82626 98326 60525 570-3.89-24.83
65
Zep Re
(PTA Re)
Kenya15 36318 70619 96119 29723 853+23.61+55.26
711
Waica Re
Sierra Leone2 1903 7395 7776 2327 946+27.50+262.83
88
CICA-Re
Togo3 9154 4245 3986 9067 514+8.80+91.93
99
Ghana Re
Ghana14 768-3 9308 3516 8767 496+9.02-49.24
107
Continental Re
Nigeria10 9908 08110 86210 2916 942-32.54-36.83
1113
East Africa Re
Kenya4 2944 1894 2984 6335 775+24.65+34.49
1210
Tunis Re
Tunisia3 9215 7537 1086 4034 946-22.75+26.14
136
General Reinsurance  Africa
South Africa22 67020 51716 98714 4234 666-67.65-79.42
1425
Baobab Reinsurance
Zimbabwe-140-5 296-3 3721 2934 337+235.42-3197.86
1517
Hannover Life Reinsurance Africa
South Africa19 3866 7768 7072 3283 174+36.34-83.63
1615
GN Reinsurance
Ghana-  -3 6273 7853 022-20.16-
1718
Aveni Re
Côte d’Ivoire1 3841 6001 5931 9322 838+46.89+105.06
1816
Nigeria Re (1)
Nigeria9 4434922 7252 802NDNANA
1914
Hannover Reinsurance Africa
South Africa9 1949567 0854 3412 551-41.23-72.25
2020
Sen Re
Senegal5031 2541 3841 6462 536+54.07+404.17
2131
SCG Ré
Gabon1 9113 0881 3699172 206+140.57+15.44
2212
African Re Corporation (ARCSA)
Afrique du Sud-6 6003 0666 0782 134-64.89-
2321
Grand Reinsurance
Zimbabwe-2811828441 6112 023+25.57-819.93
2427
Tan Re
Tanzanie1 4372 2201 6359941 993+100.50+38.69
2526
Namibre (2)
Namibie6047448341 1671 659+42.16+174.67
2622
NCA Re
Côte d’Ivoire2488791 2421 5341 470-4.17+492.74
2724
National Re
Soudan4872301 2001 4111 295-8,22+165.91
2823
FBC Re
Zimbabwe2 8871 9291 8371 5331 252-18.33-56.63
2933
Africa Retakaful (1)
Egypte--236881881--
3019
Zep Re
Zimbabwe--192 2701 714672-60.79-
3129
Globus Re
Burkina Faso693713961981621-36.70-10.39
3234
Uganda Re (1)
Ouganda2158252594594-+2728.57
3328
ZB Reinsurance
Zimbabwe1 2441 4241 104983506-48.52-59.32
3430
First Mutual Reinsurance
Zimbabwe1 083935714950454-52.21-58.08
3532
Tropical Re
Zimbabwe805999271893454-49.16-43.60
3635
Prima Re
Zambie574302161319270-15.36-52.96
3736
Mamda Ré
Maroc---191265+38.74-
3837
Colonnade Re
Zimbabwe439265271-347-120-65.42-127.33
39-
Ethiopian Reinsurance (3)
Ethiopie-----2 643--
4038
RGA Reinsurance Co. of South Africa
Afrique du Sud5 2541 7916 203-541-6 107+1028.84-216.24
4140
GIC Re South Africa (2)
Afrique du Sud-733273-443-2 045-6 454+215.60+780.49
4241
Scor Africa
Afrique du Sud2 1571 658-1 061-2 300-7 298+217.30-438.34

(1) Figures 2017 not available
(2) Fiscal year ending March 31st
(3) Established in July 2016

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Fri, 14/12/2018 - 10:49

Source URL: https://www.atlas-mag.net/en/article/ranking-2017-of-the-african-reinsurers-according-to-net-result

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[3] https://www.atlas-mag.net/en/issue/reinsurance-the-war-of-attrition
[4] https://www.atlas-mag.net/en/article/african-reinsurers-ranking-according-to-2017-turnover
[5] https://www.atlas-mag.net/en/article/evolution-of-african-reinsurers-rating-2016-2017