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East Africa Reinsurance Company was incorporated in 1993 and commenced operations on 1st January of 1995. The company was formed through a joint initiative of local insurance companies in Kenya and the International Finance Corporation (IFC), the private sector arm of the World Bank. The main objective for establishing the company was to serve the reinsurance needs of the local insurance market; and with time grow to other regional and international markets. At the time, the local reinsurance market was dominated by the major international reinsurers, with a few national and inter-governmental reinsurers playing a peripheral role. There was also a need to develop local reinsurance capacity to reduce over-dependence on international markets and preserve foreign currency reserves.
https://eastafricare.com/wp-content/uploads/2016/01/vision-300x251.jpg 300w" sizes="(max-width: 338px) 100vw, 338px" width="338" height="283" />To be the risk partner of choice in our markets.
https://eastafricare.com/wp-content/uploads/2016/01/mission-300x251.jpg 300w" sizes="(max-width: 338px) 100vw, 338px" width="338" height="283" />To provide quality risk solutions, excellent service and enhanced value to all the stakeholders.
https://eastafricare.com/wp-content/uploads/2016/01/values-300x251.jpg 300w" sizes="(max-width: 338px) 100vw, 338px" width="338" height="283" />Integrity, commitment, partnership, excellence professionalism, innovation.
East Africa Re Location
We are headquartered in an iconic building at 98 Riverside Drive in the tranquil neighborhood of Riverside, Nairobi.
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IT Systems
The technical and financial operations of East Africa are “on line “on acquired software systems, and the company is well organised to continue to render efficient services to all its business partners.
Staff Training
The company has is place a comprehensive training policy to ensure are well trained in all areas.
First rate client service
The company has an excellent record of prompt settlement of claims, provision of solutions tailored to the needs of individual and cedants and expertise in the training in reinsurance. The company offers training to cedants and clients on an annual basis.