Indian Ocean · MG · MGA

Madagascar

4 licensed entities supervised by the Commission de Supervision Bancaire et Financiere / Ministry of Finance.

Compiled from market knowledge /api/v1/countries/madagascar.json

By class of business

By ownership

  • State-owned / parastatal2 50%
  • Mutual / cooperative1 25%
  • Pan-African group1 25%

Verification log

NOT verified in this pass · Compiled from market knowledge; regulator register not retrieved

Pending - see Regulators sheet for the supervisor to check

Licensed insurers in Madagascar

CompanyClassParent / groupOwnershipRegulatorVerification
ARO (Assurances Reassurances Omnibranches)
Market leader
CCompositeGovernment / privateState-owned / parastatalCSBFUnverified
MAMA (Mutuelle d'Assurance Malagasy)CCompositeMutualMutual / cooperativeCSBFUnverified
Ny HavanaCCompositeGovernment of MadagascarState-owned / parastatalCSBFUnverified
Sanlam Allianz MadagascarCCompositeSanlam AllianzPan-African groupCSBFUnverified