Magazine date:
Mar 2023  | DATE OF CREATION: 9 march 1960, Morocco |
| CLASSES OF BUSINESS: Life and non life | |
| MAIN UNDERWRITING ZONES: Africa and Middle-East | |
| REGIONAL STRUCTURES: Abidjan (Côte d’Ivoire), Kigali (Rwanda), Cairo (Egypt), Johannesburg (South Africa) |
Société Centrale de Réassurance : contact
| Adress: Tour Atlas, Place Zallaqa B.P. 13 183 Casablanca, Morocco |
| Tel: +212 522 46 04 00 |
| Fax: +212 522 46 04 60 |
| Email: scr [at] scrmaroc [dot] com |
| Website: www.scrmaroc.com [4] |
Société Centrale de Réassurance : rating
| Agency | Rating | Outlook |
| A.M. Best | B++ | Stable |
| Fitch Ratings | AAA (local rating) | Stable |
Société Centrale de Réassurance : main indicators
in thousands USD| 2020 | 2021 | |
| Turnover | 295 730 | 281 770 |
| Shareholder's equity | 290 930 | 287 050 |
| Net result | 35 680 | 33 460 |
Read also | Société Centrale de Réassurance (SCR): 2022 results [5]
Société Centrale de Réassurance : Turnover 2021 by class of business
in thousands USD| Premiums | En % | |
| Fire | 130 375 | 46.27% |
| Motor | 69 597 | 24.7% |
| Marine | 32 319 | 11.47% |
| Engineering | 11 609 | 4.12% |
| Miscellaneous risks(1) | 24 683 | 8.76% |
| Total non life | 268 583 | 95.32% |
| Life | 13 187 | 4.68% |
| Grand total | 281 770 | 100% |
(1) Including credit insurance, assistance, bodily injury, hail and theft
Société Centrale de Réassurance : capital and shareholding
| Shareholders | In % |
| Caisse de Dépôt et de Gestion | 94.41% |
| AXA Assurances Maroc | 4.68% |
| MCMA MAMDA | 0.91% |
Société Centrale de Réassurance : technical ratios
| 2020 | 2021 (2) | |
| Net loss ratio | 56.32% | 46.30% |
| Management expenses ratio | 34.15% | 42.10% |
| Net combined ratio | 91.09% | 88.40% |
(2) Source : AM Best
Société Centrale de Réassurance : management
| Khalid Safir | Chairman of the board |
| Oufae Mriouah | Chief executive officer (CEO) |
| Latifa Mezouari | Deputy CEO |
| Vincent Grailhon (3) | Advisor to CEO |
| Khalid Alabaddan | Head of domestic and International facultatives non life business |
| Leila El Bahtouri | Head of non life treaties and customer relationship Morocco & Africa |
| Nawal Himes | Head of life and retakaful |
| Nabil Cherkaoui | Head of claims and legal |
| Anas Youssfi | Head of ERM |
| Maryama Hilal Er Rhaimini | Head of management control, permanent control and compliance |
| El Azem | Head of non life treaties and customer relationship Middle East & Asia |
| Amine Ryane | Head of strategy, marketing and corporate communication |
| Mostafa Arradi Alaoui | Head of HR, service quality and supports |
| Fayçal Charri | Head of IT and digital transformation |
| Mohamed El Ouaggagi | Head of pricing, portfolio, monitoring and catastrophic risks |
(3) Vincent Grailhon no longer on duty in 2021
Source : SCR
Read also | SCR named best reinsurer in Africa [6]
