English
Français
Zambia Re closed the 2024 financial year with reinsurance revenue of 140.34 million ZMW (5 million USD), up 56% year-on-year.
The non-life business accounted for 137.645 million ZMW (4.9 million USD) of this revenue, while the life segment generated 2.695 million ZMW (100 000 USD).
Reinsurance service result increased by 93.5% from 45.158 million ZMW (1.7 million USD) in 2023 to 87.387 million ZMW (3.1 million USD) a year later.
Net profit rose by 83.5% from 15.514 million ZMW (601 030 USD) at the end of 2023 to 28.463 million ZMW (1.02 million USD).
During the reporting period, the company's total assets and shareholders' equity amounted to 209.804 million ZMW (7.5 million USD) and 135.454 million ZMW (4.9 million USD) respectively.
