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| DATE OF CREATION:1981, South Africa |
| CLASSES OF BUSINESS: Life and non life | |
| MAIN UNDERWRITING ZONE: Sub-Saharan Africa |
Hannover Re South Africa : contact
| Adress: Rosebank Towers, Office Level 3,15 Biermann Ave Rosebank, Johannesburg 2196. P.O. Box 85321 Emmarentia 2029, South Africa |
| Tel: + 27 11 481 6500 |
| Fax: +27 11 484 3330/32 |
| Site web: www.hannover-re.com |
Hannover Re South Africa : rating
| Agency | Rating | Outlook |
| Standard & Poor’s | AA- | Stable |
Hannover Re South Africa : main indicators
in thousands USD| 2021 | 2022 | |
| Turnover | 474 988 | 377 474 |
| Shareholder's equity | 104 090 | 126 939 |
| Net result | -23 434 | 32 670 |
| ROE(1) | -22,51% | 25,74% |
(1) Net result/Shareholder’s equity
Hannover Re South Africa : management
| Achim Klennert | Group general manager |
| Randolph Moses | General manager Hannover Re South Africa |
| Wesley Clay | Manager, life and health |
Exchange rate at 31/12/2021: 1 ZAR = 0.06267 USD, as at 31/12/2022: 1 ZAR = 0.05884 USD
* On 1st January 2021, Hannover Reinsurance Africa's portfolio has been transferred to Hannover Life Reassurance Africa, renamed Hannover Re South Africa
Source : Hannover Re & KPMG
Read also | Reinsurance in Sub-Saharan Africa
