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Africa Re posts $101.7m insurance service result despite heavier claims burden

Summary by Businessamlive
The African Reinsurance Corporation (Africa Re) recorded an 8.5 percent increase in Insurance Service Revenue to $664.8 million in the first half of 2026, despite a significant rise in claims and a challenging foreign exchange environment. The reinsurer’s unaudited financial results for the six months ended June 30, 2026, showed that its Insurance Service Result […] The post Africa Re posts $101.7m insurance service result despite heavier claims…
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Businessamlive broke the news on Sunday, August 23, 2026.
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