Reinsurance in its simplest sense is insurance for insurance companies.
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We offer Life and Non-Life Re-Insurance.
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Welcome to
NamibRe
Reinsurance in its simplest sense is insurance for insurance companies, that is purchased by an insurance company (the “ceding company” or “cedent” or “cedant” under the arrangement) from one or more other insurance companies (the “reinsurer”) directly or through a broker as a means of risk management.
The Namibian insurance industry witnessed a lack of reinsurance capacity for a very long time. This meant that most insurance companies had to buy reinsurance business from abroad.
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MISSION
To mould and refine our business philosophy to unlock the full potential of the value chain, influencing and shaping the markets in which we operate.
VISION
We shall be the best reinsurer, the best employer and the best public enterprise.
Our Values
SUSTAINABILITY
We are dedicated to creating sustainable value. We create wealth while respecting the environment, enhancing our employees' lives, and contributing to our communities. Our success is evidenced through our continuous financial growth and our contribution to a sustainable world.
AGILITY
NamibRe is an agile company and we anticipate, respond and adapt to environmental changes in a seamless way as we see change as a continuous process.
INNOVATION
We strive to utilise technology as a tool to challenge traditional beliefs and develop novel solutions for our stakeholders.
UBUNTU
We cultivate a conducive, respectful and responsible environment for all staff members to thrive as a team with dignity and co-responsibility.
ETHICAL LEADERSHIP
Remain accountable and responsible to our stakeholdersWe set ourselves apart by our conscious efforts to set a positive example of behaviour, to build trust, to be reliable and transparent in decision-making.
Our Continental Footprint
Our territorial scope on the African continent is spread across the north to south, east and western part, with partners from over 15 countries.