AMSA is restructuring

In conformity with its new strategic plan, the AMSA group has decided to merge the executive management of its life and non-life companies. Certain activities such as administration, finance and reinsurance will be jointly shared by both entities. Life and non-life products will be distributed through the same network.

A single general manager, Déthié Aw, and a deputy general manager, Abderahmane Kouyaté, will run the entire entity. Another move consists in increasing the capital of AMSA Assurance Senegal (non-life company), which rose from 2.99 billion FCFA (6.26 million USD) to 3.580 billion FCFA (7.5 million USD) and that of AMSA Vie Senegal (life company) which rose to 1.6 billion FCFA (3.3 million USD) compared to 1 billion FCFA (2 million USD) previously.