Fast Facts
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FBC Reinsurance started operations in 1995 as the 1st privately owned reinsurance company in Zimbabwe. The company turned 20 years in January 2015
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FBC Reinsurance is the only A rated Zimbabwean Reinsurance Company.
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Claims turnaround is 3 working days.
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FBC Reinsurance’s sole shareholder is FBC Holdings limited
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FBC Re’s financial snapshots
Financial DataDec- 12
Dec-13
Total assets
14,700,000.00
22,200,000.00
Total capital
7,000,000.00
8,700,000.00
Cash and equivalent
6,300,000.00
9,000,000.00
Gross written premium
13,700,000.00
15,200,000.00
Underwriting result
900,000.00
1,200,000.00
Net profit after tax
1,600,000.00
2,200,000.00