ENSA – Seguros de Angola
From Wikipedia, the free encyclopedia
ENSA – Seguros de Angola S.A. is the main insurance company in Angola.
| Formerly | Empresa Nacional de Seguros e Resseguros de Angola |
|---|---|
| Industry | |
| Founded | 1978 |
| Headquarters | Angola |
Number of locations |
|
Number of employees | Approx. 700 |
| Subsidiaries |
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| Website | ensa |
History
ENSA was created in 1978 as Empresa Nacional de Seguros e Resseguros de Angola as (U.E.E.; Unidade Economica Estatal), and was later converted into a joint-stock company.[1]
In May 2013, the Standard Chartered bank entered a 60/40 partnership with the ENSA to develop its activities in Angola.[2] In August 2019, the Angolan government announced the privatization of approximately 195 state companies, including the ENSA,[3][4] a move that had already been announced in 2013.[5]
Structure
The firm employs 700 people. ENSA works through 30 branch offices of its own, and sells its services at 54 post offices and one bank.
ENSA manages two companies:
- ENSA S.A., an insurance company
- ENSA RE SA, a reinsurance company
ENSA claims to hold more than 50% of the Angolan insurance market.[6] In December 2018, ENSA held 38% of the insurance market shares in Angola.[7]
