Madagascar · Indian Ocean · class C
Composite insurance companies in Madagascar
4 licensed composite insurers, 80% of the 5 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.
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| Company | Class | Parent / group | Ownership | Regulator | Verification | Popularity |
|---|---|---|---|---|---|---|
| ARO (Assurances Reassurances Omnibranches)State-owned Market leader; Registered as Assurances-Reassurances Omnibranches (ARO) | CComposite | Government / private | State-owned / parastatal | CSBF | Verified | — |
| MAMA (Mutuelle d'Assurance Malagasy) Registered as Mutuelle d'Assurance Malagasy (MAMA) | CComposite | Mutual | Mutual / cooperative | CSBF | Verified | — |
| Ny HavanaState-owned Registered as Compagnie Malgache d'Assurance et de Reassurance NY HAVANA (CMAR NY HAVANA) | CComposite | Government of Madagascar | State-owned / parastatal | CSBF | Verified | — |
| Sanlam Allianz Madagascar Registered as SANLAM Assurances (ex SAHAM) | CComposite | Sanlam AllianzIAIG | Pan-African group | CSBF | Verified | — |
No insurers match that filter.
Popularity is an estimate of how often people search Google for each insurer, from 0 to 100; the bars show how confident the estimate is. Not a rating of the insurer. How the index works
About composite insurers in Madagascar
How many composite insurers are licensed in Madagascar?
4 of the 5 licensed insurance entities this directory lists in Madagascar are classified as composite (80%). Verified against the regulator register.
Who regulates composite insurers in Madagascar?
Commission de Supervision Bancaire et Financiere / Ministry of Finance (CSBF). Regime: Loi 2020-005 sur les assurances, which replaced the 1999 Code des assurances; supervision moved to the CSBF; non-CIMA francophone market.
Who owns the composite insurers in Madagascar?
Of the 4 licensed composite insurers in Madagascar, 2 are state-owned or parastatal (Government of Madagascar), 1 is a mutual or cooperative insurer, and 1 is a member of a pan-African group (Sanlam Allianz), as recorded in the register.
Data: /api/v1/countries/madagascar.json (filter by class = "composite"). Licence CC BY 4.0, attribute KAFS North America.