Pan-African reinsurer, Continental Reinsurance plc, has added Steve Murphy as a non-executive Director of the firm, representing Nigeria-based C-Re Holding Limited, a majority shareholder at Continental Re.
Murphy’s appointment is effective October 24th, 2017, and he will replace Raymond Farhat.
Murphy has extensive experience in the insurance and reinsurance industry, and started his career in the sector at Munich Reinsurance Company South Africa in 1973.
From 1983 to 2002, Murphy was the Chief Executive Officer (CEO) of Hannover Re’s Africa operations, and has served on numerous Boards across the industry, including being a nominee director for international Finance Corporation in the Corporation’s investment in Green Delta Insurance, Bangladesh, Chairman of Chemunique, Johannesburg, and Chairman of Direct Line Assurance Company Limited in Kenya.
