In 2011, Pennarth Greene and the West Africa Insurance Companies Association (WAICA) signed an agreement for Pennarth Greene to undertake the
establishment of the WAICA Reinsurance Corporation PLC through high-level advisory and financing services.
In August 2012, the WAICA Reinsurance Corporation PLC, with over 200 shareholders across the sub region and beyond, commenced business operations after having also signed a headquarter agreement with the Government of Sierra Leone. The company commenced operations
in adequate capital and all the necessary institutional, governance structures and policies in place.
Today, the WAICA Reinsurance Corporation PLC is an established player in the reinsurance sub sector in West Africa and beyond,
attracting business from across the globe, and this, is in no small part, the result of the work by Pennarth Greene.
WAICA Reinsurance Corporation PLC