Hannover ReTakaful
DATE OF CREATION: 2006, Bahrain | |
CLASS OF BUSINESS: Life and non life | |
MAIN UNDERWRITING ZONES: Middle East, Asia and Africa | |
REGIONAL STRUCTURE: Lubuan (Malaysia) |
Hannover Retakaful : contact
Adress: Al Zamil Tower, 17th Floor, P.O. Box 75180, Manama, Bahrain |
Tel: (+973) 17 214 766 |
Fax: (+973) 17 214 667 |
Website: www.hannover-re.com |
Hannover Retakaful : rating
Agency | Rating | Outlook |
Standard & Poor's | A+ | Stable |
Hannover Retakaful : main indicators
in thousands USD2021 | 2022 | |
Turnover | 171 096 | 217 791 |
Shareholder’s equity | 216 252 | 206 845 |
Net result | 12 893 | 2 189 |
ROE (1) | 5.96% | 9.76% |
(1) Net result / Shareholder’s equity
Hannover Retakaful : management
Claude Chevre | Chairman of the board |
Adham El-Muezzin | Managing director |
Zarita Beeton | Chief financial officer |
Ridwaan Patel | Chief risk & compliance officer |
Fadhel Al Sabea | Chief underwriting officer, general retakaful |
Mohammad Altaf | Head of health & family retakaful Asia |
Naveed Shahid | Head of corporate development |
Exchange rate as at 31/12/2021: 1 BHD = 2.63667 USD; 31/12/2022: 1 BHD = 2.6355 USD
Sources: Hannover Re
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