Our Core Values - Customer Centrism
Customer Centrism means that our business strategy is a underpinned by our valued customer's perspective.
Our Core Values - Integrity
Sustainable value and trust can only be derived from Integrity. We are corporate governance experts and we have core promoters with stellar track records.
Our Core Values - Innovation
Technology and the proliferation of emergent risks dictates our approach to Innovation. We aim to be at the forefront of reinsurance progress in the long run.
Our Core Values - Efficiency
FBS Re is set up to attain maximum cost and revenue efficiency which we can then pass on to our partners and shareholders.
Our Core Values - Professionalism
We focus on retaining the best talent and enforcing the highest standards in developing our solutions.
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We aspire to raise the capacity of the African reinsurance sector

Summary Company Profile


FBS Reinsurance Limited (FBS Re) was incorporated as a private limited liability company under Nigerian corporate law on 1st August 2016 with an authorised share capital of N10,000,000,000.00 made up of 10,000,000,000 ordinary shares of N1.00 each.

The authorised capital has been raised and registered with the Corporate Affairs Commission (CAC) to meet the new regulatory minimum of N20,000,000,000.00 (Twenty Billion Naira)

Rich Insurance Heritage

The Founders of FBS Re are seasoned and experienced insurance practitioners. They have participated in and influenced the insurance industry for decades. FBS Re was founded on the principles of trust, innovation, reliability and expertise. We put these principles at work in delivering robust risk transfer solutions to our partners.

Long Term Focus

FBS Re is taking a long term view to developing sustainable partnerships with our industry partners. We believe in the long term prospects of the Insurance Industry during changing times.