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 " Together Towards 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 surrounding 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 the following:

1. Incorporating environmental, social, and governance (ESG) related issues into our business selection, in particular our underwriting, investment and financial analysis, and decision-making processes.

2. Incorporate ESG into our corporate governance and compliance, employee wellbeing, and reduce stakeholders' inequality.

3. Providing economic and social development to the countries where we operate.

4. Leading the digital transformation change in Africa's insurance industry.

WAICA Re will continue to build on its ESG practices, annually strive to reduce its carbon footprint, improve its community impact through corporate social responsibility, and ensure a well-diversified workforce and Board.

Our Guiding Principle: We Will Play Our Part to Ensure a Safer World.

Thank you.

Ezekiel A. Ekundayo

Group Managing Director/CEO

WAICA Re Group

WAICA Re ESG Report 2021_2022_Maiden Edition New Download