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. As a result, large volumes of capital outflow was headed for abroad.
It is against this background that Namibia National Reinsurance Corporation was established by an Act of Parliament (Act No.22 of 1998) to become a truly Namibian enterprise tasked with carrying out reinsurance business in Namibia.
Vision
To be the preferred Reinsurance company!
Mission
To provide professional and quality reinsurance services to our clients and maximize shareholder returns
Values
SUSTAINABILITY
Foster long-term investment for our stakeholders
AGILITY
Adapt, anticipate and respond to change
INNOVATION
Develop creative solutions to provide value for our stakeholders
FUN
Deliver excellence while enjoying what we do
INTEGRITY
Remain accountable and responsible to our stakeholders
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