The Organization of Eastern and Southern Africa Insurers is a member-based insurance organization that aims to promote the business and practice of insurance across Eastern and Southern Africa.
The principal activity of the Organization of Eastern and Southern Africa (OESAI) is to encourage and enhance co-operation in the field of insurance and reinsurance and their related activities among companies operating in the Eastern and Southern Africa Region.
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A Brief History About OESAI
The Organization of Eastern and Southern Africa (OESAI) was formed in 1973 as a result of the initiative of eight insurance companies in the East and Southern Africa region.
The eight founding insurance companies include: Kenya National Reinsurance Corporation, Kenya; Zambia State Insurance Corporation Ltd, Zambia; Kenya National Insurance Company, Kenya; Jubilee Insurance Company Ltd; National Insurance Corporation of Tanzania Ltd, Tanzania; National Insurance Corporation of Uganda Ltd, Uganda; Pan African Insurance Company Ltd, Kenya; Reinsurance Company of Mauritius, Mauritius.
From the founding membership of eight companies form five countries, OESAI has grown and currently has 135 member companies from countries in and out of the region.