Magazine date:
Mar 2023  | DATE OF CREATION : 11 août 2006, Zambia |
| CLASSES OF BUSINESS : Life and non life | |
| MAIN UNDERWRITING ZONE : Africa |
Zambia Re : contact
| Adress : Plot 187C, Namambozi Road, Fairview. P. O. Box 658, P/B E891 Lusaka, Zambia |
| Tel :+260 971 695149 / +260 211 221158 |
| Email :info [at] zambiare [dot] co [dot] zm |
| Website :www.zambiare.co.zm [4] |
Zambia Re : rating
| Agency | Rating | Outlook |
| GCR | A- (National business) | Stable |
Zambia Re : main indicators
in thousands USD| 2020 | 2021 | |
| Turnover | 2 395 | 4 729 |
| Shareholder's equity | 4 223 | 5 541 |
| Net result | 318 | 78 |
Zambia Re : Turnover 2021 by class of business
in thousands USD| Premiums | In % | |
| Fire | 2 825 | 59.75% |
| Engineering | 1 011 | 21.38% |
| Accident | 378 | 7.98% |
| Motor | 171 | 3.61% |
| Marine | 128 | 2.71% |
| Total non life | 4 513 | 95.43% |
| Life | 216 | 4.57% |
| Grand total | 4 729 | 100% |
Zambia Re : capital and shareholding
| Shareholders | In % |
| Industrial Development Company (IDC) | 28.17% |
| National Pension Scheme Authority (NAPSA) | 14.27% |
| Exhilda Mwinji Lumbwe | 6.53% |
| Madison Pension Trust Fund | 6.37% |
| Others | 44.66% |
 | |
Zambia Re : technical ratios
| 2020 | 2021 | |
| Net loss ratio | 23.96% | 20.87% |
| Net management expenses ratio | 58.38% | 73.88% |
| Net combined ratio | 82.34% | 94.75% |
Zambia Re : management
| Joyce Muwo-Mwansa | Chairperson of the board |
| Exhilda Lumbwe | Managing director |
| Chama Chipulu | Finance manager |
| Brian Mateyo | Underwriting manager |
Exchange rate at 31/12/2020 : 1 ZMW = 0.04725 USD ; as at 31/12/2021 : 1 ZMW = 0.06004 USD
Source: Zambia Re
Lire aussi | Reinsurance in Sub-Saharan Africa [5]
