South Africa · Southern Africa · class R

Reinsurer insurance companies in South Africa

8 licensed reinsurers, 6% of the 140 insurance entities supervised by the Prudential Authority (SARB) and Financial Sector Conduct Authority. Carriers that accept risk ceded by primary insurers.

CompanyClassParent / groupOwnershipRegulatorVerification
African Reinsurance Corporation (Sa) LimitedRReinsurerAfrica ReRegional / multilateralPA / FSCAVerified
GIC Re South Africa LimitedRReinsurerGIC Re (India)Foreign multinationalPA / FSCAVerified
General Reinsurance Africa LimitedRReinsurerBerkshire HathawayForeign multinationalPA / FSCAVerified
Hannover Reinsurance Africa LimitedRReinsurerHannover ReForeign multinationalPA / FSCAVerified
Munich Reinsurance Company Of Africa LimitedRReinsurerMunich ReForeign multinationalPA / FSCAVerified
RGA Reinsurance Company Of South Africa LimitedRReinsurerRGAForeign multinationalPA / FSCAVerified
Scor Africa LimitedRReinsurerSCORForeign multinationalPA / FSCAVerified
Swiss Re Africa LimitedRReinsurerSwiss ReForeign multinationalPA / FSCAVerified

About reinsurers in South Africa

How many reinsurers are licensed in South Africa?

8 of the 140 licensed insurance entities in South Africa are classified as reinsurer (6%), according to the PA / FSCA register as reflected in this directory (verified - full register).

Who regulates reinsurers in South Africa?

Prudential Authority (SARB) and Financial Sector Conduct Authority (PA / FSCA), under Twin Peaks; Insurance Act 2017; SAM solvency. Official website: https://resbank.co.za.

Are the reinsurers in South Africa locally or foreign owned?

7 of 8 belong to pan-African or foreign multinational groups (including Africa Re), 0 are state-owned, and the rest are domestic private companies.

Data: /api/v1/countries/south-africa.json (filter byclass = "reinsurer"). Licence CC BY 4.0, attribute KAFS North America.