Sub-Saharan Reinsurers Post Strong Results Despite Economic Headwinds
A report from AM Best states that the region's reinsurers achieved double-digit returns on equity in 2024, supported by disciplined underwriting despite macroeconomic volatility.
Sub-Saharan Africa's (SSA) reinsurance market remains resilient amid inflation, currency pressures, and sovereign defaults, with local players posting robust underwriting profitability, according to AM Best.
Author's summary: Reinsurers in Sub-Saharan Africa achieve strong results.