Prima Re
 | DATE OF CREATION:11 August 2006, Zambia |
| CLASSES OF BUSINESS: Non life | |
| MAIN UNDERWRITING REGION: Africa | |
| CONTACT: Plot 187C, Namambozi Road, Fairview. P. O. Box 658, P/B E891 Lusaka, Zambie | |
| Tel: +260 211 221158 | |
| Fax: +260 211 221159 | |
| Email: primare [at] prima-re [dot] com | |
| Website:http://www.prima-re.co.zm/ |
Prima Re: Main indicators
in USD| 2017 | 2018 |  | |
| Turnover | 3 817 000 | 2 763 000 | |
| Shareholder’s equity | 4 477 000 | 3 514 000 | |
| Net result | 258 000 | -129 500 |
Prima Re: Turnover 2018 by class of business
| Premiums | In % | |
| Motor | 525 000 | 19% |
| Engineering | 359 000 | 13% |
| Fire | 746 000 | 27% |
| Marine | 111 000 | 4% |
| Miscellaneous risks | 967 000 | 35% |
| Total non life | 2 708 000 | 98% |
| Life | 55 000 | 2% |
| Grand total | 2 763 000 | 100% |
 | ||
Exchange rate as at 31/12/2017 : 1 ZMW = 0.09930 USD ; as at 31/12/2018 : 1 ZMW = 0.08327 USD
Prima Re: Capital and shareholding
| Main Shareholders | In % |
| National Pension Scheme Authority | 14.27% |
| Aturnia Regna Pension Trust Fund | 10% |
| Xhilda Mwinji Lumbwe | 9.8% |
| Madison Pension Trust Fund | 8.46% |
| KCM Pension Trust Scheme | 6.67% |
| Outnet Marketing | 6.01% |
 | |
Prima Re: Management
| David Kombe | Chairman of the board |
| Exhilda Lumbwe | General manager |
| Owen Munthali | Chief operating officer |
| Chama Chipulu | Finance and administration manager |
| Brian Mateyo | Underwriting manager |
Prima Ree : Rating
| Agency | Rating | Outlook |
| GCR | BBB+ (National business) | Negative |
| GCR | B- (International business ) | Negative |
Read also | Ranking of African reinsurers
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