The Angola Insurance Authority has opened Public Consultation No. 02/2025 on a draft regulatory standard that would set minimum share capital and economic and financial structure requirements for corporate insurance and reinsurance intermediaries. The proposal is part of ARSEG’s priority package of implementing regulations for Law No. 6/24 (Insurance Mediation and Brokerage Law) and is intended to ensure mediation and brokerage firms maintain acceptable financial indicators, supporting greater confidence in the insurance market and sustainable growth of intermediation and brokerage activity in Angola. ARSEG noted that the draft text and policy choices are its sole responsibility, and that consultation responses will be reviewed and taken into account in the version ultimately approved. Comments and suggestions can be submitted until 21 March 2025, and the consultation document is available on ARSEG’s public consultations webpage.
Angola Insurance Authority (ARSEG) 2025-03-07
Angola Insurance Authority launches consultation on minimum share capital and financial structure rules for corporate insurance and reinsurance intermediaries
The Angola Insurance Authority (ARSEG) has initiated Public Consultation No. 02/2025 on a draft regulatory standard to establish minimum share capital and financial structure requirements for insurance and reinsurance intermediaries. This proposal supports Law No. 6/24 and aims to enhance financial stability and confidence in Angola's insurance market. ARSEG will review consultation feedback before finalizing the regulation.