Central Africa · GQ · XAF
Equatorial Guinea
Guinée équatorialeGuiné EquatorialGuinea Ecuatorial
5 licensed entities supervised by the CIMA (regional) / Direction des Assurances.
- Listed insurers
- 5
- Insurance classes
- 2
- Groups present
- 2
A sense of place
Beyond the numbers.
Heritage, places of work and the landscapes that connect them. Three selected references behind this artistic portrait.
Local names, languages & illustration notes
Selected local names and languages, with links to the references behind this artistic composition.
Equatorial Guinea
- French
- Guinée équatoriale
- Portuguese
- Guiné Equatorial
- Spanish
- Guinea Ecuatorial
Name reference: mledoze/countries · ODbL data · ODbL licence. Flag artwork: flag-icons · MIT.
By class of business
Each company is counted once, under the class its register row records. The supervisor’s own tally counts licences, so a company licensed for more than one class appears more than once there.
By ownership
Verification log
Partially verified - CIMA/CRCA decisions name all four non-life insurers; the life insurer is confirmed by state press only · CIMA, 'Décisions de la CRCA' pages by year (https://cima-afrique.org/decisions-de-la-crca/, year tabs 2017-2025, retrieved 2026-09-26): 2017 Décision N°071 (blâme to L'Africaine des Assurances de Guinée Equatoriale (AAGE), Malabo); 2018 Décision N°0055 (blâme to 'Equatoriale Guinéan Insurance Company' (EGICO), Malabo) and N°0072 (CHANAS ASSURANCES S.A., Malabo); 2021 Décision N°0084 (fine to 'Guinea Equatorial de Petroles Seguros SA') and N°0086 (CHANAS Assurances, Guinée Equatoriale); 2025 Décision n°018-25 of 14 Feb 2025 (fine to CHANAS ASSURANCES SA, 01 BP 2044 Malabo, for filing its 2023 annual return late; PDF https://cima-afrique.org/wp-content/uploads/2025/03/Decision-n°018-25-Infligeant-une-amende-a-la-societe-CHANAS-Guinee-Equatoriale.pdf). FANAF, Annuaire 30e édition 2021 (https://fanaf.org/wp-content/uploads/2023/02/ANNUAIRE_FANAF_2021_30e_Edition.pdf, retrieved 2026-09-26) lists EGICO, L'Africaine des Assurances and GEPETROL SEGUROS SA for Guinée Equatoriale. Count: Finance Minister Fortunato Ofa Mbo Nchama, 7 May 2023 (Ahora EG, https://ahoraeg.com/sociedad/2023/05/07/guinea-ecuatorial-cuenta-con-la-primera-empresa-de-seguros-de-vida-y-capitalizacion-al-servicio-de-las-personas-empresas-e-instituciones/; Guinea Ecuatorial Press), stated the market had 4 non-life companies and 8 intermediaries and no life insurer before VidaSEguros.
Four non-life rows match the Minister's May 2023 count of four; with VidaSEguros (first life insurer, opened 6-7 May 2023) the market totals 5. No official list naming all five was retrieved, so not 'full register'. CIMA annual market reports (2021, 2022) give premiums for the market but no company names. CHANAS Assurances SA (GE) was placed under provisional administration by CRCA Décision N°0005-20 (2020); no decision lifting it was found, but it was still being sanctioned as a filing insurer in Feb 2025, so it is kept. Brokers found in directories (ASCOMA, Gras Savoye Guinea, Guinea Brokers, CKRE Internacional) and directory-only names (Satelite Seguros, COGUISE SL) are excluded. Africa Re is a shareholder of GEPetrol Seguros, not a separately listed local insurer.
Licensed insurers in Equatorial Guinea
| Company | Class | Parent / group | Ownership | Regulator | Verification | Popularity |
|---|---|---|---|---|---|---|
| Equatorial Guinean Insurance Company (EGICO) Non-life (IARD). Group link: a search excerpt of saar-assurances.com lists 'EGICO S.A. in Equatorial Guinea' among SAAR group companies, SAAR's own group page lists Guinée Équatoriale as a country of operation, and the 2018 CRCA decision names Paul Fokam Kammogne (SAAR/Afriland founder) as chairman. Group link not confirmed on a primary SAAR page. Licence date not found. | GGeneral (Non-life) | SAAR Group | Pan-African group | CIMA / CRCA | Partial | — |
| GEPetrol Seguros, S.A.State-owned Created by Presidential Decree 56/2007 as the oil-and-gas sector insurer; CIMA licence No. 104 after a favourable opinion in 2018, IARD business; capital XAF 5 billion; offices in Malabo and Bata. Shareholders named as GEPETROL S.A. and BANGE (both state-controlled), Africa Re and PROINCOGE, percentages not stated - state-owned classification inferred from the state entities' presence, not from a stated majority. | GGeneral (Non-life) | Government of Equatorial Guinea | State-owned / parastatal | CIMA / CRCA | Partial | — |
| L'Africaine des Assurances de Guinée Equatoriale (AAGE) Non-life. Subsidiary of the Beninese L'Africaine des Assurances group (address Zone Caracolas, Avenue Parques de Africa, Malabo). A search summary dates the subsidiary to 2005; not confirmed on a primary page. | GGeneral (Non-life) | L'Africaine des Assurances | Pan-African group | CIMA / CRCA | Partial | — |
| CHANAS Assurances SA Non-life. Placed under provisional administration by CRCA Décision N°0005-20 (2020); lifting not found, but the 2025 decision treats it as a filing insurer (2023 annual return). A directory states CIMA recognition since 14 April 2004 (unconfirmed). Parent link to Chanas Assurances S.A. (Douala) is from web directories, not the register. | GGeneral (Non-life) | Chanas Assurances | Pan-African group | CIMA / CRCA | Partial | — |
| VidaSEguros G.E S.AState-owned Life and capitalisation insurer, inaugurated 6-7 May 2023 in Sipopo. Sika Finance reports the state holds a majority stake; chairman Antonio Oburu Ondo. Company describes itself as 'VidaSEguros EG, S.A.', the first and only national life insurer. No CRCA decision naming it was found, so its CIMA approval date is unconfirmed. | LLife | Government of Equatorial Guinea | State-owned / parastatal | CIMA / CRCA | Partial | — |
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