English
Français
| DATE OF CREATION: 1994, Zimbabwe |
| CLASS OF BUSINESS: Non life | |
| MAIN UNDERWRITING ZONE: Sub-saharian Africa |
FBC Reinsurance: contact
| Address : 4th Floor, FBC Centre , 45 Nelson Mandela Avenue. P.O. Box 1227, Harare, Zimbabwe |
| Tel: +263 242 797759, 783206-9 |
| Email: info@fbc.co.zw |
| Website: www.fbc.co.zw |
FBC Reinsurance: rating
| Agency | Rating | Outlook |
| GCR | A (National business) | Stable |
| GCR | CCC (International business) | Stable |
FBC Reinsurance: main indicators
in thousands USD| 2021 | 2022 | |
| Turnover | 12 878 | 6 434 |
| Shareholder’s equity | 9 241 | 2 558 |
| Net result | 5 508 | 2 252 |
| ROE(1) | 59.6% | 88.04% |
(1) Net result/Shareholder’s equity
FBC Reinsurance: management
| Canada Malunga | Chairman of the board |
| Kleto Chiketsani | Managing director |
| Alice Chieza Shumba | Executive director – operations |
| Joaquim T Matsvimbo | Executive director, finance and administration |
Exchange rate at 31/12/2021: 1 ZMW = 0.06004 USD ; as at 31/12/2022 : 1 ZMW = 0.05523 USD
Sources: Insurance & Pensions Commission (IPEC) and FBC Re
Read also | Reinsurance in Sub-Saharan Africa
