Insurance World

Africa Re’s CEO Wins Business Excellence Award * Inducted In The 2018 Africa’s CEOs Hall Of Fame

The Group Managing Director and CEO of African Reinsurance Corporation (Africa Re), has received another award, the Business Excellence Award, as the leader of the leading reinsurance company in Africa and the Middle East and member of the coveted list of the Top 50 Global Reinsurance Groups published early by the leading rating agencies A.M. Best and Standard & Poor’s.

The award which took place recently at the Sandton Convention Centre, Johannesburg, South Africa, said the Africa Re boss is part of the Persons of the Year Awards organised by the African Leadership Magazine, an institution based in London, UK.

Among other leaders celebrated that evening are, H.E. Paul Kagame, President of Rwanda, as the African of the Year, President Marc Ravalomanana, former president of Madagascar, as the African Political Leader of the Year, and other African Leaders working in various industries and social activities.

Africa Re achieved in 2017 a premium income (turnover) of USD 747 million, paid more than USD 500 million in settling claims and maintained its A financial rating with A.M. Best and A – with Standard & Poor’s, all with stable outlook.

In another developed, Mr. Corneille Karekezi was inducted in the 2018 Africa’s CEOs Hall of Fame, during a grandiose ceremony.
This is another recognition, among many more in the past, of his visionary and transformational leadership in the insurance and reinsurance industry of the African continent.

Reacting to questions Karekezi, said that “He is proud and honoured to be inducted in the African Leadership CEO’s Hall of Fame and to be considered as one the few persons who did their best for the development of Corporate Africa”.
He added that his company, Africa Re, will continue to work for a speedy development of the continent and its people and to be a leading and inspiring example that Africa can.


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