In 2021, the leading reinsurance company in Africa by turnover was Africa Reinsurance Corporation (Africa Re). Based in Lagos, Nigeria, Africa RE reached a turnover value of over 845 million U.S. dollars in 2021. This was followed by Munich Reinsurance Company of Africa and Hannover Re South Africa, which had turnover values reaching approximately 825.6 million and 475 million U.S. dollars, respectively. In 2020, Munich Reinsurance of Africa reached a net combined ratio of almost 100 percent.
Leading reinsurance companies in Africa from 2019 to 2021, by turnover
(in million U.S. dollars)
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Atlas Magazine. (January 18, 2023). Leading reinsurance companies in Africa from 2019 to 2021, by turnover (in million U.S. dollars) [Graph]. In Statista. Retrieved October 30, 2024, from https://www.statista.com/statistics/1292521/leading-reinsurance-companies-by-revenue-africa/
Atlas Magazine. "Leading reinsurance companies in Africa from 2019 to 2021, by turnover (in million U.S. dollars)." Chart. January 18, 2023. Statista. Accessed October 30, 2024. https://www.statista.com/statistics/1292521/leading-reinsurance-companies-by-revenue-africa/
Atlas Magazine. (2023). Leading reinsurance companies in Africa from 2019 to 2021, by turnover (in million U.S. dollars). Statista. Statista Inc.. Accessed: October 30, 2024. https://www.statista.com/statistics/1292521/leading-reinsurance-companies-by-revenue-africa/
Atlas Magazine. "Leading Reinsurance Companies in Africa from 2019 to 2021, by Turnover (in Million U.S. Dollars)." Statista, Statista Inc., 18 Jan 2023, https://www.statista.com/statistics/1292521/leading-reinsurance-companies-by-revenue-africa/
Atlas Magazine, Leading reinsurance companies in Africa from 2019 to 2021, by turnover (in million U.S. dollars) Statista, https://www.statista.com/statistics/1292521/leading-reinsurance-companies-by-revenue-africa/ (last visited October 30, 2024)
Leading reinsurance companies in Africa from 2019 to 2021, by turnover (in million U.S. dollars) [Graph], Atlas Magazine, January 18, 2023. [Online]. Available: https://www.statista.com/statistics/1292521/leading-reinsurance-companies-by-revenue-africa/
