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Swiss Re Africa

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Magazine Issue: 
The insurance business in the post-Covid-19 era [3]
Magazine date: 
Mar 2021
Swiss ReDATE OF CREATION: 10 November 1950, South Africa
CLASSES OF BUSINESS: Life and non life
MAIN UNDERWRITING ZONE: Sub-Saharan Africa
REGIONAL STRUCTURE: Cape Town (South Africa)

Swiss Re Africa : contact

Adress: 4th Floor, 11 Alice Lane, Sandhurst, Sandton Gauteng 2196 Johannesburg, South Africa
Tel: +27 11 881 5851
Website: www.swissre.com [4]

Swiss Re Africa : rating

AgencyRatingOutlook
Standard & Poor'sAA-Negative

Swiss Re Africa : main indicators

in thousands USD
 20192020
Turnover412 992417 335
Shareholder’s equity51 84733 248
Net result-517-16 746

Swiss Re Africa : capital and shareholding

ShareholderIn %
Swiss Re Group100%
Swiss-re-capital-&-shareholding.PNG

Swiss Re Africa : technical ratios

 20192020
Net loss ratio85%99%
Management expenses ratio19%18%
Net Combined ratio104%117%

Swiss Re Africa : management

Terashni PillayHead of South Africa division
Seelan NaidooHead of property & specialty South Africa, EMEA

Source: Swiss Re and KPMG

Read also : Reinsurance in Sub-Saharan Africa [5]

Mon, 14/06/2021 - 10:45

Source URL: https://www.atlas-mag.net/en/article/swiss-re-africa

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[3] https://www.atlas-mag.net/en/issue/insurance-in-the-aftermath-of-covid-19
[4] https://www.swissre.com/
[5] https://www.atlas-mag.net/en/article/reinsurance-in-sub-saharan-africa