To be an innovative Reinsurance Services Company of choice, through customer centric practices, and use of advanced technology tools.
Establishing FBS Re as a Reinsurance Services Platform of integrity and creativity, upon which all our stakeholders shall derive sustainable value.
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.