A remarkable journey of Steve Kyerematen: Insurance, reinsurance, diplomacy and leadership
With 50 years of distinguished experience in Africa's insurance and reinsurance sector, Steve Kyerematen’s career blends technical expertise, corporate leadership, and national service.
From 1997 to 2007, he served as Regional Manager and Member of Operational Management for the Munich Reinsurance Group and Munich Mauritius Re, based in Accra, 1997, with territorial responsibility for West and Central African insurance markets.
Diplomat and Statesman
Between his careers with the Munich Re Group and the Activa Group, Mr. Kyerematen was called to serve his nation, Ghana, as High Commissioner to Malaysia, with concurrent accreditation to five South-East Asian countries including Thailand and the Philippines. In this role, he deepened Ghana’s diplomatic and economic ties across Asia.
Industry Leader
Until 2014, he served as a member of the Board of Directors of the Ghana Insurers Association. He also served for four years as Chairman of the Ghana National Bureau of the ECOWAS Brown Card Insurance Scheme, promoting motor insurance integration and free movement in West Africa.
Corporate CEO
He served for seven years with the Activa Insurance Group as founding CEO of Activa International Insurance Company, Ghana, and concurrently as Managing Director of Activa Finances that is Activa Groupe's Holding Company, from 2014 to 2017 in Mauritius.
Current Pan-African Board Leadership
He continues to provide strategic oversight across the continent:
- Former Chairman, Board of Directors, MiLife Insurance Company, Ghana
- Former Chairman, Board of Directors, Activa International Insurance Company, Liberia
- Former Chairman, Board of Directors, Activa International Insurance Company, Sierra Leone
- Vice Chairman, Board of Directors, Activa International Insurance Company, Ghana
- Member, Board of Directors, Activa Finances, Mauritius
- Former Member, Board of Directors, UGAR Activa, Guinea
- Former Member, Board of Directors, Activa Assurance Vie, Guinea
- Former Member, Board of Directors, *Activa Group Foundation (from inception)
- Currently Founding Promoter and Board Member of FBS REINSURANCE COMPANY, Lagos, Nigeria.
- Currently Chairman of VISAL Reinsurance Brokers Company, Ghana
- Former Secretary- General of the West African Insurance
- Companies Association (WAICA) from 1984 to 1988
A Legacy that Built a Continent’s Capacity
From underwriting rooms in Accra to diplomatic halls in Kuala Lumpur, Mr. Kyerematen’s life work embodies the very spirit of the AIO – African solutions for Africa’s growth.
His foundational contributions as a pioneer of the Forum in 1995 continue to underpin the Forum’s mission to strengthen continental reinsurance capability.
This recognition in Mauritius is a fitting tribute to a man who has served insurance, served his country, and served Africa.
The AIO African Reinsurance Forum salutes Steve Kyerematen – Pioneer, Diplomat, Industry Icon.
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