Continental Reinsurance, the largest private reinsurer in Africa outside of South Africa, has announced the opening of a regional office in Tunis and the introduction of its Shari’ah compliant Takaful offering.
The insurance industry in North Africa is the biggest in terms of total market gross premium written in Africa, apart from South Africa.
Dr Femi Oyetunji, Group Managing Director/CEO of Continental Reinsurance PLC said: “Our strategically positioned local office in Tunis is a central location, which greatly helps extend our reach into the Maghreb and North African markets.”
“Being close to our clients allows us to improve our insight into local markets, better understand their needs and local risk requirements, and deliver locally relevant offerings,” he indicated.
