Insurers.global

Licensed list · Europe · Western Europe

Licensed insurance companies in Monaco, Andorra and San Marino (2026)

PartialPartially verified against the CCAF / AFA / BCSM register, checked 3 Sept 2026.

The 24 insurance companies licensed in Monaco, Andorra and San Marino in 2026, as recorded by the Commission de Contrôle des Activités Financières (Monaco) / Autoritat Financera Andorrana / Banca Centrale della Repubblica di San Marino (CCAF / AFA / BCSM), with the class of business and ownership each one is registered under.

24Licensed operators
8Life33% of entities10General (non-life)42% of entities11Cross-border groups13 domestically owned

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

  • Domestic private12 50%
  • Pan-European group11 46%
  • Mutual / cooperative1 4%

“Cross-border groups” counts foreign multinationals and pan-regional groups; “domestically owned” counts domestic private, state-owned, mutual and captive entities. The register records the parent’s type, not its home market. How ownership is recorded

Licensed insurers in Monaco, Andorra and San Marino

All 24 entities.

InsurerClassOwnershipGroupVerification
Andorra Assegurances Agrícol Reig, S.A.U.LLifeDomestic private—Partial
ARAG SEGGeneral (Non-life)Pan-European group—Partial
Assegur (Andorra)CCompositeDomestic privateAssegurPartial
Assegurances Ivori, S.A.LLifeDomestic private—Partial
Atradius Crédito y Caución S.A. de Seguros y ReasegurosGGeneral (Non-life)Pan-European group—Partial
AXA France IARD, SAGGeneral (Non-life)Pan-European group—Partial
BAC Life Impresa Sammarinese di Assicurazione sulla Vita S.p.A.LLifeDomestic privateBanca Agricola Commerciale Istituto Bancario Sammarinese S.p.A.Partial
Becser Assegurances, S.A.GGeneral (Non-life)Domestic private—Partial
CA Vida Assegurances, S.A.LLifeDomestic private—Partial
Companyia Andorrana d'Assegurances, S.A.CCompositeDomestic private—Partial
Crèdit Assegurances (Andorra)LLifeDomestic privateCrèdit AndorràPartial
DKV Seguros y Reaseguros, S.A.E.GGeneral (Non-life)Pan-European group—Partial
FIATC Mutua de seguros y reasegurosCCompositeMutual / cooperative—Partial
Financera d'Assegurances S.A.GGeneral (Non-life)Domestic private—Partial
Generali IARD, S.A.GGeneral (Non-life)Pan-European group—Partial
Generali Vie, S.A.LLifePan-European group—Partial
Global Risc Assegurances, S.A.CCompositeDomestic private—Partial
Mora Assegurances, S.A.U.LLifeDomestic private—Partial
Multisegur Assegurances, S.A.CCompositeDomestic private—Partial
OCASO S.A. Compañía de Seguros y ReasegurosGGeneral (Non-life)Pan-European group—Partial
Occident GCO, S.A.U. de Seguros y ReasegurosCCompositePan-European group—Partial
Vital Seguro, S.A.GGeneral (Non-life)Pan-European group—Partial
Zurich Insurance Europe AGGGeneral (Non-life)Pan-European group—Partial
Zurich Vida, Compañía de Seguros y Reaseguros, S.A.LLifePan-European group—Partial

Full table for Monaco, Andorra and San Marino ↗

Regulatory intelligence: Monaco, Andorra and San Marino

Read from the register, not written for this page: the supervisor’s regime, the source the list was checked against, and the market notes recorded alongside it.

Supervisor
Commission de Contrôle des Activités Financières (Monaco) / Autoritat Financera Andorrana / Banca Centrale della Repubblica di San Marino CCAF / AFA / BCSM
Register source
AFA (Autoritat Financera Andorrana) Registre d'entitats autoritzades, asseguradores i reasseguradores, retrieved 23 Sep 2026: 11 active Andorran companies and 12 active foreign companies, each with register number and authorised branches, plus 7 non-active entities; BCSM (Banca Centrale della Repubblica di San Marino) Registro dei soggetti autorizzati, retrieved 23 Sep 2026: 12 San Marino authorised firms, of which one insurance undertaking, and 53 foreign firms all under freedom of services. Monaco: no register published, approvals are individual ministerial decrees.
Verification
Partially verified against the regulator register · AFA (Autoritat Financera Andorrana) Registre d'entitats autoritzades, asseguradores i reasseguradores, retrieved 23 Sep 2026: 11 active Andorran companies and 12 active foreign companies, each with register number and authorised branches, plus 7 non-active entities; BCSM (Banca Centrale della Repubblica di San Marino) Registro dei soggetti autorizzati, retrieved 23 Sep 2026: 12 San Marino authorised firms, of which one insurance undertaking, and 53 foreign firms all under freedom of services. Monaco: no register published, approvals are individual ministerial decrees.

No market event is recorded against this register for 2026. The regime and source above are the standing facts.

Governing legislation

  • Monaco · government insurance authorisation · National jurisdiction

    Monaco’s official business portal provides the procedure for approval of insurance companies. The exact division of prudential and local authorisation responsibilities requires case-specific confirmation.

  • Andorra · AFA · National jurisdiction

    Law 12/2017 regulates and supervises insurance and reinsurance in Andorra.

  • San Marino · BCSM · National jurisdiction

    Law 165 of 17 November 2005 supplies the financial and insurance framework. The cited central-bank consolidation has a stated historical cut-off.

Verification log

Andorra's AFA register and San Marino's BCSM register were read on 23 Sep 2026. Andorra lists 23 active insurance licensees (11 Andorran companies, 12 foreign companies with an Andorran establishment) and 7 non-active entities; the two Andorran rows matched, Credit Assegurances is authorised for life only, and 21 Andorran licensees were added. San Marino's register of authorised firms holds one insurance undertaking, BAC Life, which the workbook did not carry; its 53 foreign entries are all freedom-of-services registrations, not licences, and were excluded. Monaco publishes no register: insurers already accredited by the French ACPR are approved one at a time by ministerial decree in the Journal de Monaco, so the market cannot be verified and the placeholder row for branches of AXA, Allianz and Generali is removed as not a licensee.

For B2B teams and AI agents

The same rows as static JSON, no key, CORS open, CC BY 4.0. Paged files stay under 96 KB so an agent’s fetch tool never truncates them.

curl -s https://insurers.global/api/v1/countries/monaco-andorra-san-marino.json
curl -s https://insurers.global/api/v1/countries/monaco-andorra-san-marino/insurers/pages/1.json
  • MCP: connect https://insurers.global/mcp and call get_country_summary with { "country": "monaco-andorra-san-marino" }, or list_insurers with country, limit and offset for paged rows.
  • OpenAPI 3.1: /api/v1/openapi.json · WebMCP: /.well-known/webmcp.json · Guide: /ai/ · llms.txt
  • Dataset version 2026-09-08+3f3925fad259; every response carries version, verified and licence.