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Zambia Reinsurance (LUS:ZMRE) Altman Z-Score


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What is Zambia Reinsurance Altman Z-Score?

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Altman Z-Score does not apply to banks and insurance companies.


Zambia Reinsurance Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Plot 7, Namambozi Road, Fairview, P/B E891, Postnet Box 658, Lusaka, ZMB
Zambia Reinsurance PLC, formerly Prima Reinsurance PLC is a reinsurance company. It is mainly engaged in underwriting all classes of marine and non-marine reinsurance business namely fire, motor, miscellaneous accident, engineering, aviation, and agriculture. The company is also licensed to reinsure life assurance products.