Leading reinsurance companies in Africa by net combined ratios 2018-2020

Published by Jennifer Rudden, Jun 5, 2024
In 2020, the leading reinsurance company in Africa by net combined ratios was GIC RE. Based in Johannesburg, South Africa, GIC RE reached a combined ratio of just under 141 percent that year. This was followed by General Reinsurance Africa and Swiss Re Africa, which had net combined ratios of 120 percent and 117 percent, respectively. As of 2020, GIC RE had an average (of 2018 to 2020) combined ratio of over 115 percent.

Leading reinsurance companies in Africa from 2018 to 2020, by net combined ratios

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Release date

January 2022

Region

Africa

Survey time period

2018 to 2020

Supplementary notes

* Year ending in March.
** Gross combined ratio.

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