Swiss Re Africa
DATE OF CREATION: 10 November 1950, South Africa | |
CLASSES OF BUSINESS: Life and non life | |
MAIN UNDERWRITING ZONE: Sub-Saharan Africa | |
REGIONAL STRUCTURE: Cape Town (South Africa) |
Swiss Re Africa : contact
Adress: 4th Floor, 11 Alice Lane, Sandhurst, Sandton Gauteng 2196 Johannesburg, South Africa |
Tel: +27 11 881 5851 |
Website: www.swissre.com |
Swiss Re Africa : rating
Agency | Rating | Outlook |
Standard & Poor's | AA- | Negative |
Swiss Re Africa : main indicators
in thousands USD2019 | 2020 | |
Turnover | 412 992 | 417 335 |
Shareholder’s equity | 51 847 | 33 248 |
Net result | -517 | -16 746 |
Swiss Re Africa : capital and shareholding
Shareholder | In % |
Swiss Re Group | 100% |
Swiss Re Africa : technical ratios
2019 | 2020 | |
Net loss ratio | 85% | 99% |
Management expenses ratio | 19% | 18% |
Net Combined ratio | 104% | 117% |
Swiss Re Africa : management
Terashni Pillay | Head of South Africa division |
Seelan Naidoo | Head of property & specialty South Africa, EMEA |
Source: Swiss Re and KPMG
Read also : Reinsurance in Sub-Saharan Africa
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