Continental Re reports strong 2023 results as underwriting profit rises 108%

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Reinsurance News - Jul 29, 2024

Pan-African reinsurer Continental Reinsurance Plc has reported a net reinsurance service result, so underwriting profit, of NGN 9.14 billion (USD 5.6m) for 2023, a 108% increase from 2022’s NGN 4.4 billion (USD 2.7m). The firm’s reinsurance revenue increased to NGN 112.46 billion (USD 69.4m), up fro...

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