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
Integrity
Positive Attitude
Understanding and Empathy
Professional Services
Deliver People’s Growth
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