The Angola Insurance Authority reviewed reforms reshaping insurance and pension fund supervision and reported that gross written premiums reached about AOA 578.5 billion in 2025, up 22% from AOA 478.2 billion in 2024 and the highest nominal amount recorded. It also highlighted the July 2026 licensing of the first domestic reinsurer, Mulemba Ré, with initial capital of AOA 15 billion and ownership by 12 national insurers, to increase domestic risk and premium retention. The reform program includes the risk-based supervisory model adopted in December 2024 under the authority’s 2025-2029 strategic plan, as well as updated insurance, reinsurance, intermediation and market conduct rules. Other measures cover stronger solvency and governance requirements, regulatory digitalization, revised compulsory insurance rules, consumer protection and microinsurance. A new law governing pension funds and their management entities remains in the approval process, with proposed changes intended to strengthen governance, supervision and participant protection.
Angola Insurance Authority (ARSEG)2026-08-05
Angola Insurance Authority reviews sector reforms, 22% premium growth and first domestic reinsurer registration
The Angola Insurance Authority reported that gross written premiums rose 22% to about AOA 578.5 billion in 2025 as it reviewed ongoing risk-based supervision and regulatory reforms. It also highlighted the July 2026 registration of Angola’s first domestic reinsurer and an approval process for a new pension funds law.