AM Best: 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.
Report from AM Best says the region’s reinsurers achieved double-digit returns on equity in 2024, supported by disciplined underwriting despite macroeconomic volatility
Author's summary: Reinsurers in Sub-Saharan Africa post strong results.
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