ENSA – Seguros de Angola

ENSA – Seguros de Angola S.A.
FormerlyEmpresa Nacional de Seguros e Resseguros de Angola
Industry
Founded1978; 47 years ago (1978)
Headquarters
Angola
Number of locations
  • 30 branch offices
  • 54 post office sales locations
  • 1 bank sales location
Number of employees
Approx. 700
Subsidiaries
  • ENSA S.A.
  • ENSA RE SA
Websiteensa.co.ao

ENSA – Seguros de Angola S.A. is the main insurance company in Angola.

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 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

  1. ^ "A ENSA". Archived from the original on 25 January 2012. Retrieved 27 March 2012.
  2. ^ "Standard Chartered Bank wants to open a branch in Mozambique in 2014". Macauhub. 2013-05-09. Retrieved 2019-09-06.
  3. ^ "Most companies to be privatised in Angola will be sold in 2020". Macauhub. 2019-08-14. Retrieved 2019-09-06.
  4. ^ "Angola: At Least 200 Firms to Be Privatized". allAfrica.com. 2019-08-13. Retrieved 2019-09-06.
  5. ^ "Angola quer privatizar mais de 30 empresas até 2018". ANGONOTÍCIAS. Retrieved 2019-09-06.
  6. ^ "NÚMEROS ENSA". Archived from the original on 25 January 2012. Retrieved 27 March 2012.
  7. ^ Martins, Estevão. "ENSA perde quota de mercado, mas continua líder com 38%". mercado.co.ao (in European Portuguese). Retrieved 2019-09-06.


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