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
