Continental Reinsurance

📩 The 2025 Continental Re Pan African Re/Insurance Journalism Awards are open for submissions! This week, we are thrilled to spotlight PETER WAKABA the Winner of the English Broadcast Category at the 2024 Continental Reinsurance Pan African Re/Insurance Journalism Awards! Peter, a Business Editor at KTN in Kenya, delivered a compelling story that sheds light on insurance penetration in Kenya. With a rate of just 2.3% compared to the global average of 6%, his insightful reporting dives into the key factors driving this disparity and explores the innovative measures being implemented to reverse the trend. 🎥 Watch the video below to hear directly from Peter! And apply for the journalism awards today, to join us in shaping the future of African journalism. https://lnkd.in/eRsaqju4

The spirit of giving continues! 🎁 At Continental Reinsurance, we are proud to celebrate the generosity and community spirit of our teams across the continent. This season, their contributions are making a meaningful difference. Our Nairobi team came together and: 👉Donated 10 monitor screens to the College of Insurance for the lecturers' lounge, enhancing their teaching environment 👉Committed 7 staff members to volunteer as pro bono lecturers and mentors at the College of Insurance starting next year These efforts reflect our commitment to education, mentorship, and community empowerment. Through initiatives like these, we’re building stronger communities and creating lasting impacts across Africa. Here’s to a season filled with gratitude, care, and connection. Together, we can achieve so much more!

The season of giving continues! 🎁 At Continental Reinsurance, we recognize the strength of community and the value of giving back. This season, our teams across the continent came together to make a difference. Today, we’re putting the spotlight on our Gaborone team who donated sanitary wear, toiletries, a microwave, and an urn to the Princess Marina Interim Home in support of women undergoing cancer treatment. Through these efforts, we’re fostering growth, empowerment, and care for those in need. Together, we’re making a positive impact across Africa. Here’s to a season of generosity and gratitude!

The season of giving continues! 🎁 At Continental Reinsurance, we recognize the strength of community and the value of giving back. This season, our teams across the continent came together to make a difference. Today, we’re putting the spotlight on our Gaborone team who donated sanitary wear, toiletries, a microwave, and an urn to the Princess Marina Interim Home in support of women undergoing cancer treatment. Through these efforts, we’re fostering growth, empowerment, and care for those in need. Together, we’re making a positive impact across Africa. Here’s to a season of generosity and gratitude!

We have successfully maintained our rating (B+, stable outlook) despite operating in a particularly challenging environment characterized by elevated levels of economic, political, and financial system risks in African markets. External factors, including high foreign exchange volatility and an increase in catastrophic events, have further impacted the environment. However, AM Best highlighted, as positive offsetting factors, our progress in capital management and improvements in the geographical diversification of our operations and assets. The rating agency expects us to continue aligning our growth with available capital and underwriting capabilities while further enhancing our operating performance. For more information about the rating, follow this link: https://lnkd.in/dyVSAw3a

This year, our Tunis office celebrates its 10th anniversary. Over the past decade, we've evolved from a small team with big dreams into a leading name in the insurance industry. Our journey is marked by significant milestones, including expanding our market reach and growing and maintaining high client retention rates. It is also inextricably linked to our clients, without whom we couldn’t do the work we are passionate about. As we celebrate this milestone, we extend our heartfelt gratitude to our clients, partners, and employees who have been integral to our journey. We look forward to the next decade with enthusiasm and a continued commitment to responsiveness, collaboration, excellence, integrity, and passion. Happy 10th Anniversary, to the Tunisian office! Thank you for being part of our story. Onward to Continental Re’s 40th Anniversary in 2025. 🎉

It’s the season of giving! 🎁 At Continental Reinsurance, we believe in the power of community and the importance of giving back. This season, our teams across the continent came together to make a difference. We’re highlighting our Lagos team today who contributed N62 million to equip the ICT lab at the College of Insurance in Nigeria. Through these initiatives, we’re nurturing growth, empowering communities, and extending care to those in need. Together, we’re driving positive change across Africa. Here’s to a season filled with generosity and gratitude!

📩 The 2025 Continental Re Pan African Re/Insurance Journalism Awards are open for submissions! This week, we are thrilled to spotlight Mahamadi Sebogo, the Winner of the French Category at the 2024 Continental Reinsurance Pan African Re/Insurance Journalism Awards! 🇧🇫 Mahamadi, a journalist with Sidwala in Burkina Faso, was honored for his compelling story, “Assurance des risques de la construction: une obligation légale en ‘souffrance’.” The article sheds light on the critical issue of non-compliance with national legislation on construction risk insurance. In the context of recurrent building collapses, Mahamadi's investigative reporting delves into the causes, consequences, and accountability surrounding this legal and safety concern. 📢 His work underscores the power of journalism in driving awareness and fostering accountability within the insurance and construction sectors. We’re also thrilled to share that Mahamadi will be joining us as one of the 2025 judges. 📝 Don’t delay your application for the 2025 awards! Applications are rolling in quickly and we want to ensure yours is also considered. Join us in celebrating impactful storytelling that shapes the future of African journalism. 👉 Apply here: https://lnkd.in/eY6EjUWc

"As risk managers, we hold the key to building resilience in African communities." -Mutsunge Lawrence Nazare, Group CEO, Continental Reinsurance Next year will mark 40 years of Continental Re’s journey as a trusted partner in risk management. Over the decades, we have built an extensive data repository and embraced new technologies. 💡 The future of insurance lies in blending technology with a human touch: ✔️ Leveraging data and AI for smarter underwriting and pricing. ✔️ Collaborating with global partners for impactful risk financing solutions. ✔️ Empowering a young, dynamic workforce, with over 65% of our team being less than 5 years into the business. Our purpose is to provide sustainable solutions for the protection and resilience of Africa. 📽️ Watch the video below to hear more from our Group CEO, Lawrence Nazare.

I am honored to share insights from our recent visit to the Commissioner for Insurance, alongside our dedicated leadership team. We remain committed to fostering growth and innovation in Nigeria's insurance sector through key stakeholder engagement. During our discussions, we covered several key areas: ▶️ Support for the National Insurance Commission’s Five-Year Strategic Agenda (2024-2029): ▶️ We pledged our full support in implementing strategic initiatives aimed at advancing the insurance landscape in Nigeria. ▶️ Enhancing Local Premium Retention and Market Conduct: Our role as a reinsurance company is crucial in supporting the Commission’s regulatory efforts to improve local premium retention and ensure fair market conduct. ▶️ Investing in Human Capital Development: Through our recently launched Continental Re Academy, we are committed to investing in training activities and supporting esteemed institutions like the College of Insurance. Our goal is to nurture talent and drive professional growth in the industry. ▶️ Increasing Insurance Penetration: We remain steadfast in our mission to make insurance more inclusive and accessible, aligning with our purpose to reduce Africa’s protection gap and make the continent more resilient. We will invest in initiatives for inclusive insurance that broaden market reach and enhance protection for all. Thank you to the Commissioner for Insurance Olusegun Omosehin for the fruitful discussions and shared vision for a robust insurance sector in Nigeria. Together, we are shaping a resilient and inclusive future.