About Nigeria Re
Nigeria Re is a company based in Lagos (Nigeria) founded in 1978. It operates as a B2B, and Enterprise Contracts. Nigeria Re offers products and services including Reinsurance Services, Life Insurance Reinsurance, Non-Life Insurance Reinsurance, and Training Programs. Nigeria Re operates in a competitive market with competitors including ARM Life, African Alliance Insurance, Oceanic Life Assurance and African Alliance Insurance, among others.
- Headquarter Lagos, Nigeria
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Sectors
Financial Services
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Email
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Phone
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Website
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- Legal Name Nigeria Reinsurance Corporation
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
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Products & Services of Nigeria Re
Nigeria Re offers a comprehensive portfolio of products and services, including Reinsurance Services, Life Insurance Reinsurance, Non-Life Insurance Reinsurance, and Training Programs. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Services for assuming and managing insurance risks for clients
Reinsurance for life assurance packages and risk coverage
Reinsurance for non-life risks and business protection
Programs to equip clients with risk management skills
Funding Insights of Nigeria Re
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Nigeria Re
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Nigeria Re
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Nigeria Re Comparisons
Competitors of Nigeria Re
Nigeria Re operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ARM Life, African Alliance Insurance, Oceanic Life Assurance and African Alliance Insurance, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Life insurance services are offered by ARM Life in Nigeria.
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| domain | founded_year | HQ Location |
Life insurance services are provided throughout Nigeria.
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| domain | founded_year | HQ Location |
Life insurance services are provided to clients in Nigeria.
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| domain | founded_year | HQ Location |
Life insurance services are provided throughout Nigeria.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Nigeria Re
When was Nigeria Re founded?
Nigeria Re was founded in 1978.
Where is Nigeria Re located?
Nigeria Re is headquartered in Lagos, Nigeria. It is registered at Lagos, Lagos State, Nigeria.
What does Nigeria Re do?
Nigeria Reinsurance Corporation, established in 1977 under a Nigerian act, provides reinsurance services for life and non-life insurance, assuming risks and offering risk management solutions. Based in Lagos and Abuja, it serves corporate clients across various businesses, focusing on strategic growth and technology integration. The company has expanded from initial government ownership to a privatized entity, delivering value through professional assessments and training programs.
Who are the top competitors of Nigeria Re?
Nigeria Re's top competitors include Oceanic Life Assurance, African Alliance Insurance and African Alliance Insurance.
What products or services does Nigeria Re offer?
Nigeria Re offers Reinsurance Services, Life Insurance Reinsurance, Non-Life Insurance Reinsurance, and Training Programs.