To be a Leading Reinsurance and Risk Solution Provider in Africa and to support parent’s global strategy
History in Brief
This company was incorporated on 24th November, 1956 as SWEDISH ATLAS REINSURANCE COMPANY OF SOUTH AFRICA LTD registered with Registrar of Companies at Pretoria under No 56/3037
The ownership changed and this company was renamed as Gerling Global Reinsurance Company of South Africa Ltd 3rd Day of March, 1962.
The ownership was again changed and the company was renamed as Saxum Reinsurance Ltd on the 12th day of November, 2003.
The Saxum Reinsurance Ltd was acquired by General Insurance Corporation of India and renamed as GIC Re South Africa Ltd on the 11th day of August 2014.