Overview
About Us
MucaRe was registered in 2021 as a reinsurer domiciled in Zimbabwe. The company is licensed to conduct non-life reinsurance and is regulated by the Insurance and Pensions Commission (IPEC). It is involved in the provision of reinsurance security across all classes of general insurance. Over and above this core activity, MucaRe also offers support services to its clients, who are primarily insurance companies and insurance brokers. These support services include risk management support, training, and portfolio analysis.
Comprehensive Reinsurance Solutions Backed by Expertise and Innovation
The business backs its reinsurance products with comprehensive technical support, research, and innovation. MucaRe is made up of a team with diverse expert backgrounds, which enhances its professionalism in all facets of the business.
- Fire Insurance: Domestic, commercial, industrial including business interruption.
- Agricultural Insurance: Crops, livestock, farm buildings, farm equipment.
- Motor Insurance: Private motor, commercial motor, fleets, special types, and liabilities.
- Engineering Insurance: Machinery breakdown, electronic equipment, and construction risks.
- Aviation Insurance: Aviation hull and liabilities underwriting solutions.
- Bonds: Construction, customs, and credit bonds.
- Marine Insurance: Marine hull, cargo, and liabilities underwriting services.
- Liability Insurance: General liability, professional liability, employer’s liability, directors & officers (D&O), and umbrella liabilities.
- Miscellaneous Accident: Transit, individual and group accident, money, and fidelity guarantees.
- Political Violence: Comprehensive cover across relevant political violence risks.
MucaRe holds a diversified portfolio by markets, which includes Zimbabwe, Southern Africa, East Africa, and West Africa, enabling the business to effectively support its clients across the continent while managing risk and leveraging regional opportunities.
MucaRe is committed to partnering with clients to deliver innovative and reliable reinsurance solutions that support the growth and stability of the insurance industry in Zimbabwe and beyond.
Transform Business. Achieve Dreams. Partner with Us.
Our Vision
To be the first-choice reinsurer in our markets.
Our Mission
To provide excellent services to all our stakeholders and give viable returns to shareholders.
Our Values
We are guided by our values, which are the guiding principles and form the basis of our identity as we do business with external and internal clients. These guiding principles are as follows;
Call Of Duty
MucaRe enhances market capacity, supports special classes and product development, and adds value through training in partnership with retrocessionnaires and brokers.