Africa Re posts strong underwriting result with CoR of 90.89% in 2024
Reinsurance News - Apr 15, 2025
The African Reinsurance Corporation (Africa Re) reported an improved net combined ratio of 90.89% for the 2024 financial year, down from 93.51% in 2023, alongside a net underwriting profit of $87.34 million, up 59.37% from $54.81 million the year prior. The company attributed its strong underwriting...
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