ENSA – Seguros de Angola S.A. is the main insurance company in Angola.
Formerly | Empresa Nacional de Seguros e Resseguros de Angola |
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Industry | |
Founded | 1978 |
Headquarters | Angola |
Number of locations |
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Number of employees | Approx. 700 |
Subsidiaries |
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Website | ensa |
History edit
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 edit
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]
References edit
- ^ "A ENSA". Archived from the original on 25 January 2012. Retrieved 27 March 2012.
- ^ "Standard Chartered Bank wants to open a branch in Mozambique in 2014". Macauhub. 2013-05-09. Retrieved 2019-09-06.
- ^ "Most companies to be privatised in Angola will be sold in 2020". Macauhub. 2019-08-14. Retrieved 2019-09-06.
- ^ "Angola: At Least 200 Firms to Be Privatized". allAfrica.com. 2019-08-13. Retrieved 2019-09-06.
- ^ "Angola quer privatizar mais de 30 empresas até 2018". ANGONOTÍCIAS. Retrieved 2019-09-06.
- ^ "NÚMEROS ENSA". Archived from the original on 25 January 2012. Retrieved 27 March 2012.
- ^ Martins, Estevão. "ENSA perde quota de mercado, mas continua líder com 38%". mercado.co.ao (in European Portuguese). Retrieved 2019-09-06.
External links edit