Insurance companies in 2023: capital increase and decrease

March 06, 2024

Capital increase / decrease

January:
United Arab Emirates: SALAMA to reduce its share capital
February :
South Africa: Naked Insurance raises 17 million USD in funds Algeria: The Société Nationale d'Assurance: share capital increase Tunisia: Assurances Maghrebia Vie finalizes its capital increase
April:
Algeria:
- Cash Assurances: share capital increase
- CNMA raises its capital
May:
Bermuda: Everest Re Group raises 1.5 billion USD in funds
June:
Saudi Arabia: Al Rajhi Takaful: share capital increase Algeria: CNMA: second capital increase in 2023
July:
Saudi Arabia: Arabian Shield Cooperative Insurance: share capital increase World: AXA shares open to employees
December:
Saudi Arabia: CMA approves United Cooperative Assurance's capital increase China: CITIC-Prudential Life: share capital increase

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