Insurance companies in 2020: capital increase / decrease

mars 09, 2021

capital

Capital increase / decrease

January:
Saudi Arabia: Walaa Cooperative: authorities approve on capital increase request
February:
Nigeria: Recapitalisation of Prestige Assurance and Consolidated Hallmark
March:
Niger: CNAVIE to increase its capital
April:
Saudi Arabia: Saudi Enaya Cooperative Insurance Company: decrease in share capital Cameroon: Zenithe Afrik-Vie: triples its capital and acquires a new name
June:
Saudi Arabia:
- Allied Cooperative Insurance to reduce its share capital
- Allianz SF: capital increase to 600 million SAR Cameroon: Chanas Assurances: capital increase
November:
World: Recapitalization of AXA XL Nigeria: AXA Mansard: share capital increase Tunisia: AMI Assurances: share capital increase
December:
Algeria:
- CCR: share capital increase
- Alliance Assurances: share capital increase Saudi Arabia:
- Medgulf to reduce its share capital
- Amana Cooperative Insurance: capital reduction United Arab Emirates: Al Khazna reduces its share capital

Capital increase / decrease

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