Following a recommendation of the African Development Bank (AfDB), the African Reinsurance Corporation (Africa Re) was established on 24 February, 1976 in Yaounde, Cameroon. An international Agreement was signed by the Plenipotentiaries of 36 member States of the Organization of African Unity (OAU) and the AfDB with the aim of reducing the outflow of foreign exchange from the continent by retaining a substantial proportion of the reinsurance premiums generated therein...
What is New?
An extract from the presentation of Corneille Karekezi, Group Managing Director/Chief Executive Officer, African Reinsurance Corporation, at the 2014 International Insurance Conference.
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Africa: Open for the Business of Insurance
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