Prima Reinsurance Plc (Prima Re) was incorporated on 11th August 2006 as a public limited company (Plc). Prima Re is fully owned and promoted by a group of Zambian Professionals and business entrepreneurs. The company was licensed by the Pensions and Insurance Authority of Zambia (“PIA”) on the 22nd December 2006 to offer reinsurance services in respect of non-life business. Prima Re started its operations on 1st January 2007. Prima Re is the first Zambian reinsurance company in the market and was officially launched in May 2007 by the Minister of Finance and National Planning.
Prima Re is listed on the Lusaka Stock Exchange. The Securities and Exchange Commission approved the registration of Prima Re shares on 20th December 2007 and the Company was quoted on the second tier market of the Lusaka Stock Exchange (“LuSE”) effective 21st December 2007 under the abbreviated name “Prima Re”.
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