Background

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. This resulted in large volumes of capital outflow from Namibia to countries overseas.

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.

Our 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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