Benin · West Africa · class L

Life insurance companies in Benin

6 licensed life insurers, 46% of the 13 insurance entities supervised by the CIMA (regional) / Direction des Assurances. Long-term life assurance, annuities, pensions and savings products.

CompanyClassParent / groupOwnershipRegulatorVerification
AFG Assurances Benin Vie (ex-Atlantique Vie)LLifeAFG (African Financial Group)Pan-African groupCIMA / CRCAVerified
CIF Assurances VieLLifeCIFPan-African groupCIMA / CRCAVerified
L'Africaine Vie BeninLLifeL'Africaine des AssurancesDomestic privateCIMA / CRCAVerified
NSIA Vie Assurances BeninLLifeNSIA GroupPan-African groupCIMA / CRCAVerified
Sanlam Assurance Vie BeninLLifeSanlam AllianzPan-African groupCIMA / CRCAVerified
Sunu Assurances Vie BeninLLifeSunu GroupPan-African groupCIMA / CRCAVerified

About life insurers in Benin

How many life insurers are licensed in Benin?

6 of the 13 licensed insurance entities in Benin are classified as life (46%), according to the CIMA / CRCA register as reflected in this directory (verified - fanaf 2026).

Who regulates life insurers in Benin?

CIMA (regional) / Direction des Assurances (CIMA / CRCA), under CIMA Code. Official website: https://cima-afrique.org.

Are the life insurers in Benin locally or foreign owned?

5 of 6 belong to pan-African or foreign multinational groups (including AFG (African Financial Group), CIF, NSIA Group, Sanlam Allianz), 0 are state-owned, and the rest are domestic private companies.

Data: /api/v1/countries/benin.json (filter byclass = "life"). Licence CC BY 4.0, attribute KAFS North America.