The authorized capital of the Corporation amounts to US$ 500,000,000 as at 31 December 2022.
The Corporation’s policy consists in steadily growing capital with retained profit and additional equity from existing shareholders and selected potential investors. Therefore, from an initial paid-up capital of US$ 100 million in 2010, a call of the first portion of the capital of US$200 million was made in 2010 by issuing 1,000,000 new shares and distributing 1,000,000 bonus shares to existing shareholders.
The authorized capital stands at US$ 500 million as at 31 December 2022 with US$ 286,361,100 fully paid up. The capital is divided into 2,863,611 shares, each with a nominal value of US$100..
| Country | Accession date |
|---|---|
| Algeria | 1976 |
| Angola | 1989 |
| Benin | 1976 |
| Burkina Faso | 1976 |
| Burundi | 1976 |
| Cameroon | 1976 |
| Central African Republic | 1976 |
| Chad | 1976 |
| Democratic Republic of Congo | 1976 |
| Egypt | 1976 |
| Eritrea | 1993 |
| Ethiopia | 1976 |
| Gabon | 1976 |
| Gambia | 1976 |
| Ghana | 1976 |
| Guinea | 1976 |
| Guinea-Bissau | 1976 |
| Côte d'Ivoire | 1977 |
| Kenya | 1977 |
| Liberia | 1982 |
| Libya | 1976 |
| Madagascar | 1976 |
| Mali | 1976 |
| Mauritania | 1976 |
| Mauritius | 1976 |
| Morocco | 1977 |
| Niger | 1976 |
| Nigeria | 1976 |
| Republic of Congo | 1976 |
| Rwanda | 1989 |
| Senegal | 1977 |
| Seychelles | 1989 |
| Sierra Leone | 1976 |
| Somalia | 1976 |
| Sudan | 1977 |
| Swaziland | 1976 |
| Tanzania | 1976 |
| Togo | 1976 |
| Tunisia | 1976 |
| Uganda | 1977 |
| Zambia | 1977 |
| Zimbabwe | 2021 |
| Country | Accession date | Company |
|---|---|---|
| 1976 | African Development Bank (AfDB) | |
| Algeria | 1990 | Compagnie Algérienne des Assurances (CAAT) |
| Algeria | 1990 | Société Nationale d’Assurance (SAA) |
| Algeria | 1990 | Compagnie Centrale de Réassurance (CCR) |
| Algeria | 1990 | Compagnie Algérienne d’Assurances et de Réassurance (CAAR) |
| Angola | 1990 | ENSA Seguros d’Angola (ENSA) |
| Benin | 1990 | Nouvelle Société Interafricaine d’Assurance (NSIA) |
| Benin | 2011 | Nouvelle Société Interafricaine d’Assurance Vie (NSIA VIE) |
| Benin | Africaine des Assurances | |
| Burkina Faso | 1990 | Société Nationale d’Assurance et de Réassurance (SONAR) |
| Burkina Faso | 1992 | Générale Des Assurances (GAB) |
| Burkina Faso | 1990 | Union des Assurances du Burkina IARDT (UAB) |
| Burkina Faso | 1992 | Allianz Burkina |
| Burundi | 1990 | Burundi Société Générale d’Assurance et de Réassurance (SOGEAR) |
| Burundi | 1990 | Burundi Insurance Corporation (BICOR) |
| Burundi | 1990 | Société d’Assurances du Burundi (SOCABU) |
| Cameroon | 1990 | Société Africaine d’Assurances et de Réassurance (SAAR) |
| Cameroon | 1990 | SAHAM Assurances |
| Cameroon | 1990 | ACTIVA Assurances |
| Cameroon | 1990 | CHANAS Assurances |
| Cameroon | 2013 | AXA Cameroun |
| Cameroon | 2012 | ACTIVA VIE Assurances |
| Chad | 1990 | STAR Nationale |
| Côte d'Ivoire | 1990 | Nouvelle Société Interafricaine d’Assurance, Côte d’Ivoire (NSIA CI) |
| Côte d'Ivoire | 1990 | Nouvelle Société Interafricaine d’Assurance Vie (NSIA VIE) |
| Côte d'Ivoire | 1990 | Sunu Assurances IARD Côte d'Ivoire |
| Côte d'Ivoire | 1990 | Garantie Cautionnement des Transports de Côte d’Ivoire (GMTCI) |
| Côte d'Ivoire | 1990 | Allianz Côte d’Ivoire |
| Côte d'Ivoire | 1990 | Mutuelle d’Assurance des Taxis Compteurs d’Abidjan (MATCA) |
| Côte d'Ivoire | Société Mutuelle d’Assurance Vie (SOMAVIE) | |
| Côte d'Ivoire | 1990 | Société Atlantique Assurance Vie (STAMVIE) |
| Côte d'Ivoire | 1990 | Amsa Assurances |
| Côte d'Ivoire | 2013 | Axa Côte d’Ivoire |
| Côte d'Ivoire | 1990 | Société Ivoirienne d’Assurance Mutuelle (SIDAM) |
| Democratic Republic of Congo | 1990 | Société Nationale d’Assurance (SONAS) |
| Egypt | 1990 | Misr Insurance Company |
| Egypt | 2010 | Misr Life Insurance Company |
| Egypt | 1990 | Mohandes Insurance Company |
| Eritrea | 1990 | National Insurance Corporation of Eritrea (NICE) |
| Ethiopia | 1990 | Ethiopian Insurance Corporation (EIC) |
| Ethiopia | Nyala INsurance S.C. | |
| Gabon | 1990 | Omnium Gabonais d’Assurances et de Réassurances (OGAR/OGARVIE) |
| Gabon | 1990 | Nouvelles Société Interafricaine d’Assurances du Gabon (NSIA GABON) |
| Gabon | 2013 | Axa Gabon |
| Ghana | 1990 | Enterprise Insurance Company (GH) LTD |
| Ghana | 1990 | Ghana Union Assurance Company LTD |
| Ghana | 1990 | Ghana Reinsurance Corporation |
| Ghana | 1990 | State Insurance Corporation of Ghana |
| Guinea | 1990 | Union Guinéenne d’Assurances et de Réassurances (UGAR) |
| Kenya | 1990 | Jubilee Insurance Company of Kenya LTD |
| Kenya | 1990 | Blue Shield Insurance Company LTD |
| Kenya | 1990 | Pioneer Holdings (AFRICA) LIMITED |
| Kenya | 1990 | Apollo Investments Company Limited |
| Kenya | 1990 | United Insurance Company LTD |
| Kenya | 2011 | First Reinsurance Brokers Limited |
| Kenya | 1990 | Kenya Reinsurance Corporation |
| Libya | 1990 | Libya Insurance Company (LIC) |
| Madagascar | 1990 | Compagnie Malgache d’Assurances et de Réassurances (NY HAVANA) |
| Madagascar | 1990 | Assurances Reassurances Omnibranches (ARO) |
| Mali | Compagnie d’Assurance et de Réassurance (SABU-NYUMAN) | |
| Mali | 2018 | Compagnie d’Assurances Lafia |
| Mauritania | 1990 | Nationale d’Assurance et de Réassurance (NASR) |
| Mauritius | Rainbow Insurance Company LTD | |
| Mauritius | 1990 | Anglo – Mauritius Assurance Society LTD |
| Mauritius | 1990 | British American Insurance (Mauritius) LTD |
| Mauritius | 1990 | Indian Ocean General Assurance LTD (IOGA) |
| Mauritius | 1990 | Island Life Assurance Company LTD |
| Mauritius | 1990 | Mauritian Eagle Insurance CO. LTD |
| Mauritius | 1990 | State Insurance Corporation (SICOM) |
| Mauritius | 1990 | Swan Insurance Company LTD |
| Mauritius | 1990 | Mauritius Union Assurance Company LTD |
| Mauritius | 1990 | Sugar Insurance Fund Board |
| Mauritius | 1990 | Sun Insurance Company LTD |
| Morocco | 1990 | SAHAM Assurance |
| Morocco | 1990 | Zurich Assurances Maroc |
| Morocco | 1990 | Compagnie d’Assurance Sanad |
| Morocco | 1990 | Axa Assurance Maroc |
| Morocco | 1990 | RMA Watanya |
| Morocco | 1990 | Société Centrale de Réassurance (SCR) |
| Morocco | 2018 | Mutuelle Agricole Marocaine d’Assurances (MAMDA) |
| Morocco | 1990 | Wafa Assurance |
| Morocco | 1990 | Compagnie d’Assurances et de Réassurances ATLANTA |
| Niger | 1990 | Société Nationale d’Assurance et de Réassurance (SNAR-LEYMA) |
| Niger | 1990 | Compagnie d’Assurances et de Réassurances du Niger (CAREN) |
| Nigeria | 1990 | Royal Exchange Assurance (NIG) PLC |
| Nigeria | 1990 | Continental Reinsurance PLC |
| Nigeria | 1990 | Guinea Insurance Company LTD |
| Nigeria | 1990 | Intercontinental West African Provencial Insurance Company LTD |
| Nigeria | 1990 | United Nigeria Insurance CO. PLC (UNIC) |
| Nigeria | 1990 | AIICO Insurance PLC |
| Nigeria | Niger Insurance PLC | |
| Nigeria | 2013 | Custodian and Allied Insurance |
| Nigeria | 1990 | Leadway Assurance CO. LTD |
| Nigeria | 1990 | Nigerian Reinsurance Corporation |
| Nigeria | 1990 | Nicon Insurance Corporation |
| Republic of Congo | Assurances Générales du Congo (AGC) | |
| Republic of Congo | 2013 | Nouvelle Société Interafricaine d’Assurance Congo (NSIA CONGO) |
| Republic of Congo | 2013 | Nouvelle Société Interafricaine d’Assurance Vie Congo (NSIA VIE CONGO) |
| Rwanda | 1990 | Société Nouvelle d’Assurance du Rwanda (SONARWA) |
| Senegal | 1990 | La Prévoyance Assurances |
| Senegal | 1990 | Allianz Sénégal |
| Senegal | 1990 | Société Sénégalaise de Réassurance (SEN RE) |
| Senegal | 2013 | Axa Sénégal |
| Sierra Leone | 1990 | National Insurance Corporation of Sierra Leone (NIC (S/L) |
| Sudan | 2012 | Middle East Insurance Company |
| Tanzania | 1990 | National Insurance Corp. of Tanzania (NIC) |
| Tanzania | 2011 | Tanzania National Reinsurance Corporation (TAN RE) |
| Togo | 1990 | Groupement Togolais d'Assurances/Compagnie / Africaine d’Assurances IARD (GTA/C2A IARD) |
| Togo | 1990 | Groupement Togolais d'Assurances/Compagnie / Africaine d’Assurances Vie (GTA/C2A VIE) |
| Tunisia | 2018 | Groupement des Assurances de Tunisie (GAT) |
| Tunisia | 2018 | Société Tunisienne de Réassurance (TUNIS RE) |
| Uganda | 1990 | Lion Assurance Company LIMITED |
| Uganda | 1990 | National Insurance Corporation of Uganda (NIC) |
| Country | Accession date | Company |
|---|---|---|
| Canada | 2015 | Fairfax Financial Holding |
| France | 2015 | Axa Africa Holding |
| Germany | 2018 | Allianz SE |
Our website uses cookies to improve your online experience. By continuing to use this site, you consent to the use of cookies as outlined in our privacy policy.
