Société Centrale de Réassurance

Africa & Middle East

Date joined:29 November, 2017
Initiatives:Principles for Sustainable Insurance

Company Profile 

The Société Centrale de Réassurance (SCR) is the first reinsurance company in the Moroccan market, with more than 70% market share. SCR has its main tower in Casablanca, Morocco & a representative office in Abidjan, Ivory Coast. With more than 300 customers and 50 markets in Morocco, Africa , Middle East, Turkey and New Markets, SCR has a new transformation plan to improve our customer ship and expertise. In 2016, SCR’s revenue was $255mn ; $20mn net profit and $1.4bn total assets. They have more than 12 engineers & 10 actuaries. SCR offers reinsurance coverage for all risks (all P&C, Life, Aviation, Marine, etc.), of which 95% non-life business & 5% life business. SCR’s perspectives are to collaborate with governments, regulators or NGOs to reduce climate risks and to integrate environmental, social and governance issues into its decision-making process.