The overall decision-making body is the Annual General Assembly of Shareholders which elects a Board of Directors comprising twelve (12) members.
AFRICA RE is headed by the Group Managing Director / Chief Executive Officer (GMD/CEO), assisted by one Deputy Managing Director / Chief Operating Officer (in charge of Technical Operations) and Central Directors.
About Us
Publications
Organizational Structure
Fast Facts about Africa Re
Established:
24 February, 1976, Yaounde, Cameroon
Head Office:
Lagos, Nigeria
Regional Offices:
Abidjan, Cairo, Casablanca, Lagos, Nairobi, Ebene (Mauritius)
Contact Office:
Addis Ababa (Ethiopia)
Subsidiaries:
African Reinsurance Corporation (South Africa) Ltd. (Johannesburg)
Africa Retakaful Ltd. (Cairo)
Membership:
41 member countries of the African Union
African Development Bank (AfDB)
101 African insurance and reinsurance companies
4 DFIs (IFC, DEG, FMO, PROPARCO) + IRB-Brasil Re
Authorized Capital:
US$ 500 million
Paid-up Capital:
US$ 199 million (end 2010);
US$ 300 million (Est. end 2012)
Shareholders' Equity:
US$ 344 million (end 2010);
US$ 600 million (Est. end 2012)
Net Profit :
US$ 69 million (2011)
Gross Written Premium:
US$ 631 million (2011)
Publications:
The African Reinsurer
The Risk Watch
Official Languages:
French & English
24 February, 1976, Yaounde, Cameroon
Head Office:
Lagos, Nigeria
Regional Offices:
Abidjan, Cairo, Casablanca, Lagos, Nairobi, Ebene (Mauritius)
Contact Office:
Addis Ababa (Ethiopia)
Subsidiaries:
African Reinsurance Corporation (South Africa) Ltd. (Johannesburg)
Africa Retakaful Ltd. (Cairo)
Membership:
41 member countries of the African Union
African Development Bank (AfDB)
101 African insurance and reinsurance companies
4 DFIs (IFC, DEG, FMO, PROPARCO) + IRB-Brasil Re
Authorized Capital:
US$ 500 million
Paid-up Capital:
US$ 199 million (end 2010);
US$ 300 million (Est. end 2012)
Shareholders' Equity:
US$ 344 million (end 2010);
US$ 600 million (Est. end 2012)
Net Profit :
US$ 69 million (2011)
Gross Written Premium:
US$ 631 million (2011)
Publications:
The African Reinsurer
The Risk Watch
Official Languages:
French & English