"In a Historic Move, 'Ta'awuniya Insurance Company' Approves Increasing Nominal Capital to 10 Billion and Paid-up Capital to 8 Billion SDG"
Khartoum: Al- Mogran — Company Tower | Thursday, November 5, 2026
In an exceptional and highly significant event marking a turning point in the insurance sector's journey, the Ta'awuniya Insurance Company (TIC) held its extraordinary general assembly meeting on Thursday. The meeting was hosted for the first time at the company's new headquarters in the Company Tower in the Al-Muqran district of Khartoum, coinciding with a high-level attendance that combined physical presence and online participation (virtual conferencing).
The meeting was honored by the presence of His Excellency the Secretary-General of the National Authority for Insurance Supervision, alongside the Chairman of the Board of Directors, members of the Board, and a large gathering of shareholders.
The Extraordinary General Assembly unanimously approved, with decisive resolutions, the historic recommendations to increase the company's capital as follows:
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Increasing the company's nominal capital to 10 billion SDG.
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Increasing the company's paid-up capital to 8 billion SDG.
It was decided that this robust capital increase will be implemented in studied and designated chronological phases in accordance with the regulations and directives of the National Authority for Insurance Supervision. This will enhance the company's financial solvency, solidify its capacity to cover major observations and risks, and open wide-ranging investment and expansion horizons to support the national economy and distinguished insurance services.
The convening of this historic assembly in the "Ta'awuniya Tower" edifice in Al-Muqran serves as a fresh launchpad toward the future and a firm reaffirmation of the company's prestigious status, under its permanent slogan: "You Deserve".