In the world of risk management and financial resilience, our reinsurance company stands as a living experience of courage and innovative thinking. Our journey began with a vision to redefine the way reinsurance is managed within the largest Pan African insurance group in Africa outside South Africa, bringing stability and confidence.

Our story

In the world of risk management and financial resilience, our reinsurance company stands as a living experience of courage and innovative thinking. Our journey began with a vision to redefine the way reinsurance is managed within the largest Pan African insurance group in Africa outside South Africa, bringing stability and confidence.

We started as a small team of passionate reinsurance experts, driven by the desire to take on the complexities and challenges faced by our group insurance companies. Our group saw an opportunity to create a company that not only provided financial protection but also fostered long-term partnerships built on trust and reliability with its corporate clients, and with its partners across the insurance industry.

From the outset, we focused on forging strong relationships with corporate clients, understanding their unique needs, and tailoring solutions that secure their assets and their investments. We didn’t just see ourselves as a reinsurance provider but most importantly as a strategic ally invested in the resilience of our partners.

As we grew, our commitment to innovation and improvement remained firm. We invested heavily in talent and partnered with the best in class in data analytics, and in risk modeling capabilities, enabling us to manage trends, mitigate potential disruptions, and deliver value-added services to our shareholders.

Our defining moments came when we successfully navigated major disruptions in the reinsurance cycle, providing stability and support to our group clients when they needed it most. Our reputation for reliability and integrity grew, attracting top talent and strategic partnerships that further fuels our growth trajectory.

Today, we stand proudly as a Pan African reinsurer, trusted by businesses to protect their assets, manage risks, and seize opportunities for growth. Our success is not measured solely by financial performance but by the positive impact we have on the businesses we serve.

Looking ahead, we remain committed to pushing the boundaries of what is possible in risk management, continuously embracing innovation, sustainability, social responsibility, and inclusivity as core pillars of our corporate identity.

Our values

Our vision is to distinguish ourselves as the most admired financial services group in Africa.

Everything we do is guided by our four core values, which are :

Governance structure

Sanlam Limited, based in South Africa, is the ultimate holding company of SanlamAllianz Re Ltd. In addition, SanlamAllianz Re operates in the reinsurance segment, providing reinsurance protection for SanlamAllianz companies across Africa, in particular.

The Board

SanlamAllianz Re has a unitary Board structure, comprising 3 Independent Directors, 3 Non-Executive Directors and 1 Executive Director. This composition complies with the Constitution of the Company and the Insurance Act 2005, while taking into consideration the principles of the National Code of Corporate Governance for Mauritius (2016).

The Board Committees

The Board is supported by the following Board Committees to discharge its duties effectively. Each Committee of the Board is guided by its own Charter, which defines the scope and powers of the Committee, which is also mandated to provide recommendations and specific expert guidance on matters affecting the Company’s activities. All the decisions and recommendations of the Committees are placed before the Board for information/approval. The Board evaluates and reviews the membership as well as the roles and responsibilities of the Committees on a yearly basis or as and when required.

Board Committees

• Board
• Audit and Risk Committee
• Investment Committee
• HR Committee

Management committees

• Management Committee
• Reserving Committee

ESG Considerations

SanlamAllianz Re acknowledges the importance of ESG practices to ensure responsible investments and sustainable value creation for its shareholders and clients alike. While we are committed to the enhancement of these practices and the need to increase the general awareness thereof, we also recognise that the markets in which we operate are diverse and unique.

We therefore work with our markets to provide sustainable reinsurance products that reflect the principles of fair pricing and value for money, clear terms and conditions, clear and understandable exclusions, no unfair discrimination (whether deliberate or not), and inclusion.

Our Team