NIGERIA REINSURANCE CORPORATION
Nigeria Re is the premier reinsurance company in Nigeria
Nigeria Reinsurance Corporation was established under the Nigeria Reinsurance Corporation Act No. 49 of 1977. It commenced operations on January 1st, 1978 as Nigeria’s flag reinsurer, wholly owned by the Government of the Federal Republic of Nigeria. In 2002, the Corporation was transformed from being a Federal Government wholly owned Corporation to a privatized company with the government retaining some shares.
Secure the future with our Life Cover
We offer life assurance packages that are best suited for your present and future needs.
We are in the business of assuming risks, providing reinsurance services and risk management solutions to corporate clients across all businesses.
Our Achievements
We consistently deliver value
From the N1, 500,000 take off capital granted the Corporation by the Federal Government of Nigeria, it has today an authorized share capital of N7,500,000,000 at 50k each with an issued and fully paid up capital of N6,000,000,000 at 50k.
Our Vision:
To be a profitable global player in the reinsurance market
Our Mission
To strategically align the internal and external partnerships effectively using loyalty principles as guiding key towards the realization of the charge.
Our Mandate
Nigeria Re is currently embarking on wide spread strategic repositioning leveraging on Information Technology to automate all its processes.
Recent News
GCR Affirms Nigeria Reinsurance Corporation’s Rating Of BBB+(NG); Outlook Stable.
Global Credit Ratings (“GCR”) has accorded the above credit ratings to Nigeria Reinsurance Corporation (“Nigeria Re” or “the reinsurer”) based…
NIGERIA RE UNVEILS INSURANCE INDUSTRY OUTLOOK REPORT
Nigeria Reinsurance Plc, the premier reinsurance company in Nigeria, has released a report, which contains a detailed review of the…