Nigeria · West Africa · class R

Reinsurance companies in Nigeria

3 licensed reinsurers, 6% of the 51 insurance entities supervised by the National Insurance Commission. Carriers that accept risk ceded by primary insurers.

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CompanyClassParent / groupOwnershipRegulatorVerificationPopularity
African Reinsurance Corp (Africa Re) - HQ
Multilateral; not subject to NIIRA recapitalisation
RReinsurerAfrica ReRegional / multilateralNAICOMPartial—
Continental Reinsurance Plc
Group HQ Lagos
RReinsurerContinental RePan-African groupNAICOMPartial—
FBS ReinsuranceRReinsurerIndependentDomestic privateNAICOMPartial—

Popularity is an estimate of how often people search Google for each insurer, from 0 to 100; the bars show how confident the estimate is. Not a rating of the insurer. How the index works

About reinsurers in Nigeria

How many reinsurers are licensed in Nigeria?

3 of the 51 licensed insurance entities this directory lists in Nigeria are classified as reinsurer (6%). Partially verified against the regulator register.

Who regulates reinsurers in Nigeria?

National Insurance Commission (NAICOM). Regime: Insurance Act 2003; NIIRA 2025 recapitalisation. Official website: https://naicom.gov.ng.

Who owns the reinsurers in Nigeria?

Of the 3 licensed reinsurers in Nigeria, 1 is a domestic private company, 1 is a member of a pan-African group (Continental Re), and 1 is a regional or multilateral institution (Africa Re), as recorded in the register.

Data: /api/v1/countries/nigeria.json (filter by class = "reinsurer"). Licence CC BY 4.0, attribute KAFS North America.