Best of 2019: insurance and reinsurance companies’ activity
Creations / Acquisitions / Mergers
- January:Cameroon: Continental Re creates a reinsurance subsidiary in Douala China: NWS Holdings acquires FTLife Insurance Ghana: AFIG acquires 29.9% of the NEM Insurance India: Allianz Global Corporate & Specialty opens a reinsurance branch Kenya: AfricInvest increases its stake in Britam Holdings's capital United Kingdom: AIG purchases the British insurer Ellipse from Munich Re
- February:Asia: Mergers and acquisitions increasing in Asia Pacific North Korea: Creation of two new insurance companies and one reinsurer Egypt: Sarwa Capital obtains two life and non-life insurance licenses Guinea: Creation of a new agricultural insurance company Ireland: Berkshire Hathaway Insurance Group obtains a license Luxembourg: Brexit: Swiss Re creates an entity in Luxembourg Rwanda: Sanlam merges its two companies, Saham and Soras
- March :United Arab Emirates: Merger between Fidelity and United Insurance forges a new identity United States: Amazon, JPMorgan and Berkshire Hathaway outline the ambitions of their health insurance company Haven Democratic Republic of Congo: Activa Assurances settles in the Democratic Republic of the Congo
- April:Bahrain: Cigna Life Insurance Company settles in Bahrain Belgium: La Bâloise Holding acquires Fidea NV Cameroon: Wafa Assurance acquires a life and a non-life insurer Côte d’Ivoire: Activa Assurances settles in Côte d'Ivoire France: Merger between Global Life and SCOR Global P&C Democratic Republic of Congo: Four insurance companies authorized to practice in the DR of Congo
- May:
- June:
- July:Côte d’Ivoire :
- Prudential Plc to acquire Belife Insurance
- Swiss Re to settle in Abidjan Egypt: Wafa Assurance, creation of a subsidiary Spain: Berkshire Hathaway Specialty Insurance to open an office in Madrid Gabon: Amsa Assurance to become a shareholder of Ogar Assurance Nigeria: Launching of two new takaful insurance companies Uganda: Kenya Re to open a new subsidiary Portugal: Generali to acquire Seguradoras Unidas and AdvanceCare United Kingdom: Scor to finalise the acquisition of Coriolis Tunisia: Carte Group to take control of 39% of UBCI's capital - October:
- November:
- December:
Withdrawal of licenses / Sanctions
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- December:
Companies in difficulty
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- July:
Restructuring / New brand/ Cession
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- December:
Capital increase
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Strategy / Distribution
- January :Algeria: Macir Vie and SantéDom launch a home care service France: Know you can, the new brand signature of AXA group Ireland: Brexit: Axa will transfer part of its activities to Ireland Morocco: Allianz invests in the sector of electricvehicles in Morocco Singapore: AIA Group launches its coverage of mental deceases in Singapore
- February:Africa: British insurer Prudential to continue its expansion in Africa South Africa: Discovery launches banking business Germany: Allianz increases the funds dedicated to digital investment United Arab Emirates: American International Group expands its activity in the Middle East France: Rising tension between SCOR and Covéa Guinea: NSIA Assurance Guinée launches a motor assistance service Nigeria: NSIA Insurance launches a new healthinsurance product
- March:
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- June:
- July:Brazil: Allianz to continue its external growthstrategy United States: Californian insurers no longer willing to underwrite natural disaster risks France :
- SCOR launches Quantum Leap, itsseventh strategic plan
- Allianz Assistance: two helpline services available to the elderly Italy: Generali's encouraging beginnings of the three-year plan World: AXA to open medical centres in emerging countries - October:
- November:Africa: Activa's network is expanding Algeria: CASH Assurances: new products Côte d’Ivoire: Optimus launches three insurance packs United Arab Emirates: Non-renewal of comprehensive motorinsurance for high-risk customers France: AIG launches CLIC! By AIG Ghana: Activa International Insurance to launch an insurance program for women World :
- Allianz and Microsoft: strategiccooperation
- AXA XL to launch an innovation incubator
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