Société Centrale de Réassurance

Morocco
Africa & Middle East

https://www.scrmaroc.com/

Industry:Insurance
Date joined:29 November, 2017

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.

“Nowadays, Insurance and Reinsurance companies are facing changes and, if they want to remain competitive, they must address the challenges of sustainable growth.

Sustainability enables companies to improve their strategy and performance, win new customers and show better results.”

SCR – FASSI FIHRI Youssef, CEO