Overview
Our Overview
FBC Reinsurance is a leading reinsurer with a proud record of service excellence to the insurance industry. the company provides risk transfer solutions to insurers in Africa and beyond. Its key role is the provision of underwriting services that allow insurance companies to:
Assume individual risks that are greater than their size would otherwise allow.
Access advice on risk, financial and general management.
Company Background
The company was established in 1995 as Southern African Reinsurance Limited (SARE). It was then re-branded to FBC Reinsurance in 2004 when First Banking Corporation merged its business with that of SARE to create FBC Holdings, a diversified finacial services investment holding company that was then re-listed on the Zimbabwe Stock Exchange. FBC recelebrated its 20th anniversary in 2015.
Credit Rating
FBC Reinsurance's underwriting capacity and strength is reflected in its A- credit rating from the Global Credit Rating, an internationsl rating agency which positions its above average industry and countrry rating.