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Africa Reinsurance Corporation
Africa Reinsurance Corporation was founded on February 24, 1976 in Lagos following an agreement among 36 member states. The African Development Bank...
Africa Reinsurance Corporation
Africa Reinsurance Corporation was founded on February 24, 1976 in Lagos following an agreement among 36 member states. The African Development Bank recommended its creation and retains an 8.36 percent stake. Non-regional shareholders include Allianz SE at 8.38 percent, AXA Africa Holding at 7.33 percent and Fairfax Financial Holdings at 7.33 percent. The corporation writes reinsurance across property, casualty and life lines with a geographic focus on Africa. It participates in both treaty and facultative business and maintains the Africa Re Foundation as a separate philanthropic vehicle. Additional offices support operations in Abuja, Cairo and Ebene. Corneille Karekezi serves as Group Managing Director and CEO. The firm belongs to the African Insurance Organization and the International Insurance Society, where the CEO sits on the executive council. No recent operational events from the last 24 months appear in available records.
General information
Firm type
Insurance
Year founded
1976
Location
Region
Africa
Country
Nigeria
City
Lagos
Corporate office
Plot 1679 Karimu Kotun Street, Victoria Island, Lagos, Nigeria
Additional offices
Abuja, Nigeria · Cairo, Egypt · Ebene, Mauritius
Principals
Corneille Karekezi
Group Managing Director and CEO
Sector focus
Frequently asked questions
Who runs investment decisions at Africa Reinsurance Corporation?
Corneille Karekezi serves as Group Managing Director and CEO. Investment decisions fall under the executive team reporting to the board.
How is Africa Reinsurance Corporation owned?
The African Development Bank holds 8.36 percent. Allianz SE, AXA Africa Holding and Fairfax Financial Holdings each hold non-regional stakes of 8.38 percent, 7.33 percent and 7.33 percent respectively.
Does Africa Reinsurance Corporation maintain philanthropic structures?
Yes. The Africa Re Foundation operates as a distinct vehicle focused on insurance sector development across the continent.
Where does Africa Reinsurance Corporation maintain offices?
Headquarters sit in Lagos, Nigeria. Regional offices operate in Abuja, Cairo and Ebene, Mauritius.
What industry associations does Africa Reinsurance Corporation belong to?
The firm is an active member of the African Insurance Organization and the International Insurance Society.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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