According to Elmer Serrão, chairman of the Board of Directors of the Angolan Agency for Insurance Regulation and Supervision - Arseg, changes in co-insurance will also depend on how the legal regime that will determine oil co-insurance in the country is approved.
According to the official, cited by Angop, there cannot be "a vacuum", adding that in principle the co-insurance leadership will become "a rotating leadership among the several insurers".
Speaking in the webinar on the privatization of ENSA, Elmer Serrão also made it known that other aspects related to co-insurance will also be analyzed in the process.
He also said that a document is being prepared, which is almost finished, and will be discussed soon by Arseg, the Ministry of Mineral Resources, Oil and Gas, among other entities.
"Then, ENSA will probably stop having the total leadership as it is seen today, because we will certainly move towards a more democratic system in which this leadership will be shared among the various insurers," said the official, quoted by Angop.
In his turn, Carlos Duarte, ENSA's Chairman of the Board of Directors, indicated that even before holding this position he defended the de-concentration of the co-insurance power of the petrochemical activity: "I would very much like ENSA to continue to lead for many and long years the petrochemical sector, but I would like it to lead by its competence and merit. Not by decree".
ENSA has been present in the national market for more than four decades. The first phase of the privatization process of the insurance company, which foresees the alienation of 51 percent of its capital, started this month.
