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 | DATE OF CREATION: 1984, Zimbabwe |
| CLASS OF BUSINESS: Non life | |
| MAIN UNDERWRITING ZONE: Africa | |
| REGIONAL STRUCTURES: Botswana, Malawi, Zambia and Mozambique |
Emeritus Reinsurance Company: contact
| Adress: Block D, 2nd Floor, Smatsatsa Office Park Stand Number 10667, Borrowdale, Harare, Zimbabwe |
| Tel: +263 24 2870 762-8 |
| Website: www.emeritusre.com |
Emeritus Reinsurance Company: rating
| Agency | Rating | Outlook |
| GCR | A- (National business) | Stable |
| GCR | CCC (International business) | Stable |
Emeritus Reinsurance Company: main indicators
in thousands USD| 2021 | 2022 | |
| Turnover | 10 915 | 9 087 |
| Shareholder’s equity | 7 133 | 5 137 |
| Net result | 5 173 | 3 691 |
| ROE(1) | 72.52% | 71.85% |
(1) Net result/Shareholder’s equity
Emeritus Reinsurance Company: management
| Wadzanayi Bertha Phiri | Chairman of the board |
| Leo Huvaya | Managing director |
| Lovemore Madzinga | Finance manager |
Source : Insurance & Pensions Commission (IPEC)
Exchange rate at 31/12/2021 : 1 ZWL = 0.00920 USD ; as at 31/12/2022 : 1 ZWL = 0.00149 USD
