Angola's Ministry of Finance, through Secretary of State Ottoniel dos Santos, used an industry event to underline the strategic role of insurance intermediaries and to point to tighter expectations for market entry and conduct under the new legal regime for insurance and reinsurance mediation and brokerage. The Ministry highlighted supervisory reinforcement that began with the creation in 2019 of a dedicated structure for regulating mediation, which it said raised standards of fitness and propriety, qualification and professionalisation. It also cited the entry into force of Law No. 6/24 of 3 June as a further step, describing it as strengthening institutional robustness, opening the sector to new economic agents and, in return, imposing higher requirements for capital, organisational structure and responsibility. ARSEG’s board chair, Filomena Manjata, reported that of AOA 473.7 billion in premiums collected in 2024, AOA 112.1 billion was generated via insurance mediation, while noting that the number of mediated policies remains a small fraction of the total.

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