Leading reinsurance companies in Africa by share capital 2021
In 2021, the leading reinsurance company in Africa by share capital was Africa Re. Share capital refers to the money raised by a company through the issuance of preferred or common stock. Based in Lagos, Nigeria, Africa Re reached a share capital of approximately 286.4 million U.S. dollars that year. This was followed by Société Centrale de Réassurance and Compagnie Centrale de Réassurance, which had share capitals valued at approximately 235 million and 180 million U.S. dollars, respectively.