Advertise here

Menu

Reinsurance News

Continental Re incorporates subsidiary, appoints Swiss Re’s Oumar BA to lead

7th January 2019 - Author: Charlie Wood

Pan-African reinsurer Continental Reinsurance has completed the incorporation of a subsidiary office in Douala, Cameroon, and appointed former Swiss Re Regional Manager Oumar BA to head it up.

The company started its operations in Douala in 2004 as a branch office and later opened its Abidjan office in 2012 to diversify its activities in the CIMA region.

Oumar brings over two decades of experience to the Chief Executive Officer role and most recently served at Swiss Re as Regional Manager (West Africa – Anglophone).

Prior to that, he held roles as Senior Client Manager (Swiss Re Africa / Swiss Re Zurich), Property Underwriter (Swiss Re Africa / Johannesburg) and also worked with Salama Assurances (Senegal).

“This development reinforces our commitment to the CIMA region and our valued partners,” said Dr Oyetunji, Group Managing Director of Continental Reinsurance Plc.

“We already have a strong local team on the ground, and our goal is to utilize our new status to maximize value.”

“Given our new status, we believe he will be able to leverage on his expertise and track record to capitalize on the current demand for localized service and we look forward to Oumar helping us develop that further in the CIMA region.”

Mr Oumar BA commented, “I am pleased to be joining Continental Re as CEO for the CIMA region. I take up the role with great enthusiasm for the industry and look forward to driving the operational execution of our strategy and deepen our influence over time.”

Recent Reinsurance News

Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.

  • Only email is mandatory, but the more you tell us about yourself the better we can serve you in future!
  • This field is for validation purposes and should be left unchanged.

By submitting the form you are giving your consent to be emailed by us.

Read previous article:
Fleming Re completes first run-off transaction

Bermuda-based class 3A insurance company, Fleming Reinsurance Ltd., has announced the completion of its first run-off transaction with the novation...

Close