---
id: 10927
title: "Continental Reinsurance PLC: Most Innovative Reinsurer Africa 2022"
award_year: 2022
published: 2022-11-23 13:06:08
published_gmt: 2022-11-23 13:06:08
author: "CFI.co Editorial"
url: "https://cfi.co/awards/africa/2022/continental-reinsurance-plc-most-innovative-reinsurer-africa-2022/"
categories: ["Africa", "Professional Services"]
content_class: award_rationale
independence_status: independent_editorial
sponsor_disclosure: none
editorial_lens: constructive_positive_lens
historical_status: current_at_publication
correction_status: none
archive_policy: no_delete
provenance_layer: github_versioned
wayback_status: archived
wayback_first_snapshot: 20221202194917
wayback_snapshot_url: "http://web.archive.org/web/20221202194917/https://cfi.co/awards/africa/2022/continental-reinsurance-plc-most-innovative-reinsurer-africa-2022/"
license: CFI-OAAL-1.0
content_sha256: de7004a6cf26b8b989b352f49b5ef7af36ca73aec9b635c6b8ee26449da9a242
canonical: 10927-continental-reinsurance-plc-most-innovative-reinsurer-africa-2022.json
---
# Continental Reinsurance PLC: Most Innovative Reinsurer Africa 2022
> Verbatim archived copy. Canonical machine record: `10927-continental-reinsurance-plc-most-innovative-reinsurer-africa-2022.json`.
From its Nigerian roots, Continental Reinsurance has evolved over the past three decades into a truly pan-African player. Since its launch in 1985, the company has become one of the few African reinsurers with the resources and skills to challenge the multinationals operating on the continent. The history of Continental Reinsurance is marked by strong corporate governance and international best practices and always with a key focus on innovation. The reinsurer’s commitment to above-board operational standards has proven fundamental in attracting capital from international investors, including some prominent names from South Africa and America. Continental Reinsurance has earned the trust of its clients as well as the market. It is benchmarked against the highest international standards and has achieved the “AM Best” rating for 13 years. The reinsurer has an AM Best Financial Security Rating of B+, and a Long-Term Issuer Credit rating of BBB-, which is a couple of notches above the Sovereign rating of Nigeria. Continental Reinsurance credits its success to the calibre of its people, who bring unmatched experience and strength to the team. Together, they have built a formidable entity with a diverse portfolio and far-reaching ambitions. It has six offices and several specialist subsidiaries located across the continent. The portfolio spans more than 50 countries and features a mix of relevant product focus areas, including large Commercial, Industrial, Engineering, Energy and other property installations, infrastructure development, and Agriculture, to support Africa’s food security. The company leads by example on ESG issues and strives to deliver sustainable value to shareholders and stakeholders alike. The CFI.co judging panel announces Continental Reinsurance PLC as the 2022 award winner for Most Innovative Reinsurer (Africa).