Africa Re’s capital increase

At the end of 2012, Africa Re will proceed to its fourth capital increase. The company’s shareholder's equity will rise from 344 million USD to 600 million USD. This twofold increase comes within the framework of a growth perspective on the African market. Africa Re reported a turnover of 628 million USD and a profit of 65 million USD in 2010. It is rated A- by both Standard & Poor’s and AM Best.