WAICA Re acquires Colonnade Re, in $5,5 mln transaction

WAICA Re acquires Colonnade Re, in $5,5 mln transaction

By Insurance24

HARARE, West Africa reinsurance Giant –WAICA Reinsurance corporation Plc has acquired a local reinsurance company Colonnade Re through a US$5,5 million  investment  confirming confidence in the Zimbabwe market.
Rebranding   colonnade RE to WAICA RE Zimbabwe last night  WAICA group chairman Kofi  Duffuor  said  the  acquisition  of Colonnade Re represents key  milestone

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