industry awards Africa re tops for contribution to market development
Africa Re, the largest reinsurance company in Africa and the Middle East, received multiple awards in 2012 for contributions to insurance growth and development in Africa. The corporation is headquartered in Lagos, Nigeria, with regional offices and subsidiaries spread across major markets on the continent.
The awards included the Special Recognition Award by the African Insurance Organisation (AIO) in recognition for contributions to insurance and reinsurance development on the continent over the past 40 years; Best Regional Retakaful Company by the International Retakaful Summit; and Best Reinsurance Company 2012 for African Governance and Corporate Leadership by the Institute for Government Research and Leadership Technology.
The 36-year-old institution has maintained top ratings (A-) with Standard & Poor’s (S&P) and AM Best.