Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

International

Africa Re posts $129 million net income for 2023

March 12, 2024 Reprints

Nigeria-based African Reinsurance Corp.’s net income grew 444% year-on-year to reach $129 million in 2023, based on preliminary and unaudited figures, Reinsurance News reported. Meanwhile, the reinsurer’s gross written premiums increased by 16% year-on-year to $1.11 billion in the reported period.

1. Turkish airlines cancel flights to Iran and Iraq amid war concerns
2. Munich Re names new regional chiefs
3. UAE flash floods likely to be manageable for insurers
4. Chinese drone maker suffers major data breach
5. Inflation drives 10% increase in sum insured for windstorms
6. Apple loses bid to throw out $977M lawsuit over app store fees

Help

Africa Re posts $129 million net income for 2023

Readers Poll

Most Read in International

Sign up now for free access to this article and much more.

If you are already registered with Business Insurance, click here to Login

Please tell us a bit more about yourself in order to continue

About

Advertise

Reprints and Licensing

Resources