Zambia Reinsurance PLC stock price and financial data

Issuer profile

Zambia Reinsurance PLC is a Zambian reinsurance company underwriting life and non-life risks for insurers and related clients. Its reinsurance business spans fire and property, motor, engineering, accident, marine, aviation, liability and life segments. The fire and property portfolio covers industrial and asset risks; motor reinsurance supports personal and commercial automobile liability; engineering covers projects, machinery and equipment breakdown; accident lines include burglary, goods in transit, bonds, fidelity guarantee, professional indemnity and directors' and officers' liability; and marine covers cargo, hull, aviation and related liabilities. The company's role is to provide risk capacity and portfolio support to the insurance sector, allowing primary insurers to manage exposure and capital requirements. Its business performance depends on premium volumes, underwriting discipline, claims experience, retrocession arrangements, investment income, solvency regulation and the development of Zambia's insurance market.