Zambia Reinsurance PLC (Zambia Re)
Zambia Reinsurance PLC (Zambia Re), formerly Prima Reinsurance Plc, was incorporated on 11th August 2006 as a public limited company. The Company started operations on 1st January 2007. Zambia Re takes pride in being the first Zambian-owned reinsurance company in the market and was listed on the Lusaka Stock Exchange on 30th September 2013. Zambia Re is licensed by the Pensions and Insurance Authority, (PIA), to transact reinsurance business in respect of all life and non-life insurance business. We offer a wide range of reinsurance solutions and create value for our clients and partners.
Zambia Re has a diversified shareholding structure distributed between public and private institutional investors as well as individuals.
In 2013, the Company listed on the Lusaka Securities and Exchange. Zambia Re’s exceptional performance on the Lusaka Securities and Exchange led to the Zambia Chamber of Commerce and Industry – ZACCI Award for Best Performing Listed Stock in 2018.
Following a special resolution of the Shareholders at the Annual General Meeting held on 30 April 2020, the Company was re-capitalized so as to re-position itself and assume a national identity.