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Reinsurer to grow business beyond Africa


Sierra Leone-based WAICA Reinsurance Corp. P.L.C. aims to develop its business across Asia, Africa and the Middle East, The Guardian Nigeria reported.

"Our intention is to become fully international and move outside West Africa," said Abiola Ekundayo, managing director of WAICA Re.

The reinsurer has garnered credibility for its quick turn-around time for processing businesses and this has helped it attract businesses from outside Africa, said Mr. Ekundayo.

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