Africa Re  |  May 30, 2018

Allianz Group Acquires 8% Stake in African Reinsurance Corporation (Africa Re)

Proudly African.
International Standards.

We are the foremost regional reinsurance institution dedicated to the African continent and open to select markets in Asia, Brazil and the Middle East. We have unique local expertise in offering security to our clients, with strong capitalization and A-grade international ratings supporting our bespoke reinsurance solutions.

A
A.M. Best
Excellent / Stable
A-
Standard and Poor's
Strong / Stable
$747M
Written Premium
58.74%
Loss Ratio
$8
Proposed DPS
285M US$
Paid-up capital
2017
902M US$
Shareholders equity
2017
88M US$
Net profit
2017
500M US$
Authorized capital
2017
Case Studies August 28, 2017

Disruptive Technology: A Leverage for the Insurance Industry

African Insurance Awards 2018

In line with its purpose, Africa Re initiated these awards to foster best corporate management, leadership, governance as well as innovative and sustainable growth in the insurance sector in Africa.

The African Insurance Awards aim at: rewarding and celebrating leaders, best performers and achievers in the African insurance industry; identifying and stimulating distinctive innovations in the insurance sector in Africa; encouraging sustainable growth in terms of insurance premium combined with business profitability in the sector; and providing added value by sharing progress and best practices in the development of insurance in Africa.


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