Our Sustainability Strategy

WAICA Re is a forward-looking reinsurance and financial services organisation committed to developing its people, enhancing the environment, and maintaining sound investing and underwriting principles.

The Board and management are committed to integrating ESG into its business decisions, operations, investments, underwriting, products, and services. Our tagline is “Building Together Today Towards a Stronger Tomorrow“. The tagline forms the building block of our relationship with people and the environment. By people, we mean our people, the staff, clients, shareholders, suppliers, the
community, and other interested parties. By environment, we mean the natural surroundings where we operate, including the components of the ecosystems, such as climate, weather, natural resources, animals, and trees responsible for the sustainability of our operations. We are a financial institution interested in responsible investing and sustainable insurance. We are committed to aligning our operations with the UN Sustainable Development Goals.

Our key ESG Objectives include:

  • Incorporating environmental, social and governance (ESG) related issues into investment and financial analysis as well as decision-making processes.
  • Incorporating environmental, social and governance (ESG) related issues into our underwriting approach and business selection.
  • Incorporate ESG into our corporate governance and compliance.
  • Reduce inequality in our relationship with all stakeholders.
  • Providing economic and social development to the countries where we operate.
  • Leading the digital transformation change in Africa’s insurance industry.
WAICA Reinsurance Corporation Plc will continue to build on its ESG practices, annually strive to reduce its carbon footprint, reduce gender inequality, improve employee well-being, workplace health and safety, community impact through corporate social responsibility, and ensure a well-diversified workforce and Board.