Members of the African Insurance Organization

May 24, 2025
AIO partnership

AIO partnershipConsidered as one of Africa's leading institutions, the African Insurance Organization (AIO) is an inclusive framework, open to a multitude of entities working to develop the insurance sector on a continental level.

African Insurance Organization membership

AIO has two types of members: full members and associate members.

Full members

Full membership of the African Insurance Organization is open to the following entities operating in accordance with the national laws of the countries on the continent:

  • insurance and reinsurance companies,
  • brokers,
  • actuaries and other support services,
  • insurance supervisory authorities in member countries,
  • insurance training centers,
  • national and regional insurance associations.

Associate members

In addition to full members, the AIO welcomes associate members, belonging to one of the following categories:

  • insurance or reinsurance companies, brokers and other players in the insurance sector, established outside Africa but maintaining business relations with African companies.
  • educational institutions whose mission is to promote training in the African insurance market.

Members of the African Insurance Organization in 2024

At the end of June 2024, the African Insurance Organization had 421 members from 47 African countries and 13 countries outside the continent.

aio-members

AIO members by region

English-speaking West Africa had the largest number of members in 2024, with 121. In second place comes East Africa with 85 members, followed by Southern Africa with 80.

CountryAIO members CountryAIO members CountryAIO members
Anglophone West Africa Botswana6 Guinea1
Nigeria65 Malawi5 Total29
Ghana38 Mozambique5 Central Africa
Gambia8 Namibia4 Cameroon12
Sierra Leone6 Eswatini2 Gabon7
Liberia3 Angola2 Congo2
Cape Verde1 Lesotho1 DR of Congo1
Total121 Total80 Chad1
East Africa North Africa Total23
Kenya23 Algerie12 Associate members outside the continent
Ethiopia14 Sudan12 United Kingdom8
Rwanda10 Egypt10 India4
Uganda9 Morocco9 Bahrein2
Mauritius8 Tunisia8 Australia1
Tanzania8 Libya5 Germany1
Burundi6 Mauritania2 Ireland1
Eritrea2 South Sudan1 Jordan1
Madagascar2 Total59 Oman1
Seychelles2 French-speaking West Africa Portugal1
Djibouti1 Côte d'Ivoire15 Russia1
Total85 Togo4 France1
Southern Africa Benin3 United States1
Zimbabwe22 Mali3 Switzerland1
South Africa21 Senegal2 Total24
Zambia12 Burkina Faso1 Grand total421

Partnerships with the African Insurance Organization

During 53 years of operation, the African Insurance Organization (AIO) has built up a solid network of partnerships and collaborations, maintaining close links with international and regional organizations.

Its partners include:

  • The African Development Bank (AfDB),
  • The African Continental Free Trade Area (AfCFTA),
  • The United Nations Development Program (UNDP),
  • The United Nations Environment Program Financial Initiative Facility (UNEP FI),
  • Africa Risk Capacity (ARC),
  • Impact Insurance Facility, initiative of the International Labor Organization (ILO),
  • The Access to Insurance Initiative (A2ii),
  • The Federation of Afro-Asian Insurers and Reinsurers (FAIR),
  • The Insurance Federation of Egypt (IFE),
  • The Microinsurance Network (MiN),
  • The General Arab Insurance Federation (GAIF).

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