African Reinsurance Corporation

InsuranceLagos, Nigeria201-500 Employees

We were created, and we exist to provide resilience and to (re)insure the future.

Africa Re, unlike any other reinsurer in the world, is a broad-based risk pooling and sharing platform built by 42 African States, 112+ African insurance and reinsurance companies, and 3 leading global insurance groups. This shareholding inspires our dual mandate: development of African insurance markets and value creation.

Africa Re is the largest reinsurer in Africa, with over 20% market share, and among the world's leading reinsurance groups.

• We serve clients across Africa (54 Countries and 10 Offices), the Middle East (through Dubai/DIFC office), China, Southeast Asia, India (GIFT City Branch Office) and Latin America (mainly Brazil)

• Financial Strength and Credit (International) Ratings: A (Excellent/Stable) by AM Best (since 2016) and A (Strong/Stable) by S&P (since 2025)

• US$1.3 Billion in Premium Income (2025)

• US$1.3 Billion in Shareholders' Equity (2025)

• US$218 million of Net Profit (2025)

• Up to 2% of Net Profit Contribute to Funding the Africa Re Foundation (professional capacity building, industry and regulation strengthening, technology modernization, community disaster relief, insurance and risk financing strategy, etc.)

SINCE 1976, OUR MANDATE HAS NEVER CHANGED

What has changed is the scale at which we deliver.

Visit www.africa-re.com to learn more about our capacity, our people, and our mission.

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