Namibia National Reinsurance Corporation Limited (Mar 2022)

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Credit Reports

Over 1500 reports, spanning 22 countries, detailing GCR’s opinion regarding the creditworthiness of an entity, a security or financial instrument, or an issuer of securities or financial instruments.

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Industry Reports

A collection of publications, providing you with key industry analysis and insights across various geographical regions.

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Monitoring Updates

Dashboards exhibit key performance metrics related to Structured Finance transactions publicly rated by GCR, which include credit enhancement levels, excess spread, defaults, recoveries and covenants.

Filename NamibRe-Public-Credit-Report-Mar-2023.pdf
Filesize 259.95 KB
Version paid report
Date added March 22, 2023
Category Credit Rating Reports, Insurance
Tags Namibia

NamibRe commenced operations in 2001, following the enactment of the Namibia National Reinsurance Corporation Act (of 1998). The main purpose was to contain the outflow of funds by means of offshore reinsurance placements. In terms of ownership, the business remains 100% owned by the Namibian government, which serves to support the reinsurer’s rating through access to mandatory cessions. The analysis was done on a stand-alone basis.