African Reinsurance Corporation (South Africa) ltd -ARCSA–

We strive to have our client at the centre of everything we do. Working closely with our clients to understand their strategic and operational goals enables us to deliver a customised range of solutions that promote mutually beneficial growth and success. In this way we make a valuable contribution to the availability of local capacity, in line with our strategic objective to discourage the flight of premiums off the continent.

As a wholly owned subsidiary of the African Reinsurance Corporation, Africa Re South Africa (ARCSA) is responsible for writing both treaty and facultative business in South Africa, Lesotho, Botswana, Swaziland and Namibia. ARCSA opened as a representative office in 1995 and delivers reinsurance solutions for all classes of business. It was incorporated in late 2003, and commenced business in 2004 as a separately capitalised subsidiary.

ARCSA is regulated by the joint regulatory regime of the South African Reserve Bank Prudential Regulation Authority (PRA) and the Financial Conduct Authority via FSB.

Africa Re Group provides parental guarantee to the African Reinsurance Corporation (South African) Limited.

Africa Re Place

10 Sherborne Road, Parktown 2193

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Key Contacts

Deputy Managing Director

Expertise Deputy Managing Director

Deputy Managing Director

Mr Sory Diomande has occupied the role of Deputy Managing Director/Chief Technical Operations Officer since July 2017. He joined the Group as Regional Director: West Africa in June 2012.

His career spans more than 17 years, during which he occupied the following positions: Managing Director of Colina Re (Morocco/Togo), Insurance and Financial Risks Analyst of Willis Re (Singapore/London), Senior Manager of Allianz SE. (Singapore), Property & Casualty Treaty and Facultative Underwriter of Swiss Re (Singapore, France and South Africa), Life Actuary at Allianz/AGF (Côte d’Ivoire) and Graduate Intern at AXA (Côte de d’Ivoire).

He was a casual lecturer for Mathematics of Finance at INPHB in Côte d’Ivoire in 2001 and 2002.

Diomande’s other achievements include Renewal Support in Singapore and Malaysia from May to June 2007. He has also been a speaker at the Singapore Insurance Institute Panel ‘A focus on specialty Liability & Casualty’ (October 2008), at various seminars and conferences in West Africa and Treaty Underwriting seminars for Swiss Re Africa Clients.

He was also a WAICA Reinsurance Corporation Executive Committee member until the end of the first quarter in 2017.

He has been an Honorary Citizen of Muncie, Indiana in the USA since 2000.

Diomande holds an Actuarial Sciences Degree, a Global Executive MBA from IE Business School in Madrid and a University Diploma in Logistics. He also studied Non-Life Actuarial Modelling and participated in an Exchange Program on American Business Practices at Ball State University. He is fluent in English and French.

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