Our Roots (Company History & Timeline)
Emeritus Reinsurance was born out of Zimre Holdings Limited (ZHL) in 1983, through an Act of Parliament, the Zimbabwe Reinsurance Corporation Act [Chapter 24:17] and started transacting reinsurance business in 1984. Through Legal cessions and commercial trading,
the company grew into a diversified group with investments in Reinsurance, Reassurance, Insurance, Property, Insurance broking, Reinsurance broking both locally and regionally. The unbundling exercise of the ZHL Group enabled the reinsurance arm to thrive in the various countries as Baobab Reinsurance (Zimbabwe), First Re (Botswana), Zimre Malawi (Malawi), Zimre Mozambique (Mozambique) and Zimre Zambia (Zambia). In line with its longevity, excellence and expertise, the Company re-branded in 2018 to Emeritus Reinsurance signifying excellence, experience, efficiency, and security.
The Emeritus Reinsurance brand is associated with evolving, enriching, and relevant risk solutions for short-term and life and health insurance services. Emeritus Reinsurance commands a unique business model of a network of established and efficient subsidiary offices within Southern Africa, being the only group with such a network in the region. Emeritus Reinsurance believes in bringing risk solutions closer to home, hence the expansive network business model.
Emeritus Reinsurance is in the “game for the long term. We do not take away the umbrella when you need it most. “Our continued presence in different markets and uninterrupted partnerships with direct insurance companies is a testimony of our belief in establishing, promoting, nourishing, and cementing long-term partnerships that are beyond tomorrow.
Over its 40 years of business, Emeritus Reinsurance has been influential in the establishment of key insurance and reinsurance entities in Zimbabwe and the region. Emeritus Reinsurance believes in the power of education in creating sustainable wealth. Accordingly, through its robust training and development programs and partnerships with the ZHL Group, Emeritus Reinsurance has groomed many of today’s leading insurance experts in Africa.
We dedicate our excellence, efficiency and experience to provide perfect risk solution for your business needs.
Botswana
