Burundi · East Africa · class C

Composite insurance companies in Burundi

5 licensed composite insurers, 83% of the 6 insurance entities supervised by the Agence de Regulation et de Controle des Assurances. Licensed to write both life and non-life business under one entity.

CompanyClassParent / groupOwnershipRegulatorVerification
BICOR
Bujumbura Insurance Corp
CCompositeIndependentDomestic privateARCAUnverified
EGIC AssurancesCCompositeIndependentDomestic privateARCAUnverified
SOCABU
Societe d'Assurances du Burundi
CCompositeGovernment-linked / privateState-owned / parastatalARCAUnverified
SOGEAR
Societe Generale d'Assurance et de Reassurance
CCompositeIndependentDomestic privateARCAUnverified
UCAR AssurancesCCompositeIndependentDomestic privateARCAUnverified

About composite insurers in Burundi

How many composite insurers are licensed in Burundi?

5 of the 6 licensed insurance entities in Burundi are classified as composite (83%), according to the ARCA register as reflected in this directory (not verified in this pass).

Who regulates composite insurers in Burundi?

Agence de Regulation et de Controle des Assurances (ARCA), under Insurance Code. Official website: https://arca.bi.

Are the composite insurers in Burundi locally or foreign owned?

0 of 5 belong to pan-African or foreign multinational groups, 1 are state-owned, and the rest are domestic private companies.

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