Reinsurance News
Société Centrale de Réassurance
SCR rebrands as Atlantic Re to strengthen presence across Africa
23rd April 2025
Société Centrale de Réassurance (SCR) has officially rebranded as Atlantic Re as part of its dynamic strategic transformation aimed at strengthening its position in Morocco and accelerating its influence across the African continent. Since its establishment in 1960, the reinsurer has played a central role in shaping Morocco’s insurance sector, covering ... Read the full article
Africa Specialty Risks partners with Société Centrale de Réassurance
18th November 2022
Pan-African (re)insurer Africa Specialty Risks (ASR) has entered a partnership agreement with Moroccan reinsurer Société Centrale de Réassurance (SCR). A joint statement said that the pair will be combining capacities to write multi-business line coverage across Africa and the Middle East, with the joint capacity being led by the ASR team ... Read the full article
Société Centrale de Réassurance’s expansion cited as rating affirmed
3rd August 2022
Fitch Ratings has affirmed Morocco-based Société Centrale de Réassurance (SCR) National Insurance Financial Strength (IFS) Rating at ‘AAA(mar)’, the outlook is stable. SCR has gradually increased its international diversification, as reflected in the share of the gross premiums written outside Morocco of 25% in 2021, up from 22% in 2018. Fitch has ... Read the full article
SCR approved for Takaful reinsurance operations in Morocco
17th May 2022
Société Centrale de Réassurance (SCR) has obtained the necessary approvals from Morocco's Insurance and Social Security Supervisory Authority (ACAPS) to create a "Retakaful" window, in order to undertake Takaful reinsurance operations in the country. Société Centrale de Réassurance (SCR) is a reinsurance subsidiary of the Caisse de Dépôt et de Gestion ... Read the full article
Morocco’s SCR receives approval for retakaful window
23rd February 2022
Morocco-based reinsurer Société Centrale de Réassurance (SCR), a subsidiary of Caisse de Dépôt et de Gestion, has received agreement from the Insurance and Social Security Supervisory Authority for the creation of a retakaful window to carry out takaful reinsurance operations in accordance with Sharia law. Through the retakaful window in Morocco, ... Read the full article
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