Ver Angola

Banking and Insurance

Nossa Seguros recorded an increase in equity of 16.5 billion kwanzas in 2021

The insurance company Nossa Seguros recorded net income of 5.1 billion kwanzas in 2021, and its equity rose to 16.5 billion kwanzas, it was announced this Wednesday.

:

According to the chairman of the executive committee of Nova Sociedade de Seguros de Angola (Nossa Seguros), Alexandre Carreira, the company's profits increased in 2021, contrary to the 4.1 billion kwanzas recorded in 2020.

"Net results or profits were positive and stood at 5.1 billion kwanzas. Between 2020 and 2021, profit did not grow much, but remained very positive", said the official during the presentation of the insurer's results for 2021.

The evolution over the years "has been quite positive", said the official, adding that the average of the last four years of the company's net income "has been situated at 59 percent".

Alexandre Carreira, who was speaking this Wednesday at a press conference in Luanda, stressed that last year's positive results allowed the insurer to "strengthen its equity, thus improving its financial strength".

"We went from 13.3 billion kwanzas, in 2020, to 16.5 billion kwanzas of equity, an evolution of 24 percent during the year and we can also see that the average annual evolution of the last four years is 47 percent, quite positive", said the official.

The insurer, whose main partner is Banco Angolano de Investimentos (BAI), ended 2021 with a figure of 36.1 billion kwanzas in terms of gross premiums written in the field of sales.

"Which meant a sharp growth of 43 percent in the year 2021, our average growth of the last four years was 45 percent, a very sharp average", he stressed.

The insurer's management reported that the company's customers increased by 32 percent, reaching 60,726 customers in 2021, policies grew to 92,541, an increase of 29 percent and claims costs also increased to 26 percent.

In the field of infrastructures and employees, the insurance company, established on 17 August 2004, also grew in 2021 and currently has 26 branches in 16 of the 18 provinces, 73 brokers and intermediaries and 156 employees, an increase of six percent.

Nossa Seguros' market share grew by 13 percent in 2021.

For the insurer responsible for BAI, the implementation of the Law on Insurance and Reinsurance Activities, recently approved, and the set of associated rules, namely in terms of strengthening the governance system, "will require a strong investment by insurers in people and systems ".

To be the reference in the Angolan insurance sector in terms of customer experience, "through personalized communication and differentiated service", are among the insurer's perspectives for 2022.

Permita anúncios no nosso site

×

Parece que está a utilizar um bloqueador de anúncios
Utilizamos a publicidade para podermos oferecer-lhe notícias diariamente.