Munich Reinsurance of Africa changes its strategy

The Munich Reinsurance of Africa company (MRoA) has indulged in revising its objectives, favoring cost-effective operations.
Last year, the group achieved 3 billion Rands (455 million USD) in gross premiums, compared to 2.5 billion Rands (379 million USD) in 2002. MRoA operates in 45 African countries but 90% of its acceptances come from South Africa.