User:Philipvs/NamibRe
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| Company type | Parastatal |
|---|---|
| Industry | Financial services |
| Founded | 1998 |
| Headquarters | , |
Number of locations | 1 (2017) |
| Products | Reinsurance |
| Revenue | USD x million (NAD x million) (2016) |
| Total assets | USD x million (NAD x million) (2016) |
| Total equity | USD x million (NAD x million) (2016) |
| Owner | Government of Namibia |
Number of employees | 22 (2017) |
| Rating | Ba1 [1] Moody's_Corporation |
| Website | Homepage |
The Namibia National Reinsurance Corporation (NamibRe) is a government-owned reinsurance company in Namibia created by statute.
Overview
[edit]The mandate of NamibRe is to provide reinsurance services and to minimize the placement of insurance and reinsurance business outside the borders of Namibia.
Furthermore, NamibRe was created to become a vehicle for empowerment and enhanced participation by Namibians in the financial services sector of the economy.
History
[edit]NamibRe is a state-owned corporation established by an Act of Parliament, the Namibia National Reinsurance Corporation Act (Act 22 of 1998), published as Government Notice No. 224 in Government Gazette No. 1949 on 9 September 1998. [2] NamibRe became operational in September 2001.
Board of directors
[edit]As of January 2016[update], the following individuals constituted the Board of Directors of the Namibia National Reinsurance Corporation:
References
[edit]External links
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