Madagascar · Indian Ocean · class C
Composite insurance companies in Madagascar
4 licensed composite insurers, 100% of the 4 insurance entities supervised by the Commission de Supervision Bancaire et Financiere / Ministry of Finance. Licensed to write both life and non-life business under one entity.
| Company | Class | Parent / group | Ownership | Regulator | Verification |
|---|---|---|---|---|---|
| ARO (Assurances Reassurances Omnibranches) Market leader | CComposite | Government / private | State-owned / parastatal | CSBF | Unverified |
| MAMA (Mutuelle d'Assurance Malagasy) | CComposite | Mutual | Mutual / cooperative | CSBF | Unverified |
| Ny Havana | CComposite | Government of Madagascar | State-owned / parastatal | CSBF | Unverified |
| Sanlam Allianz Madagascar | CComposite | Sanlam Allianz | Pan-African group | CSBF | Unverified |
No insurers match that filter.
About composite insurers in Madagascar
How many composite insurers are licensed in Madagascar?
4 of the 4 licensed insurance entities in Madagascar are classified as composite (100%), according to the CSBF register as reflected in this directory (not verified in this pass).
Who regulates composite insurers in Madagascar?
Commission de Supervision Bancaire et Financiere / Ministry of Finance (CSBF), under Non-CIMA francophone market.
Are the composite insurers in Madagascar locally or foreign owned?
1 of 4 belong to pan-African or foreign multinational groups (including Sanlam Allianz), 2 are state-owned, and the rest are domestic private companies.
Data: /api/v1/countries/madagascar.json (filter byclass = "composite"). Licence CC BY 4.0, attribute KAFS North America.