Wad Madani – September 29, 2025

The Extraordinary General Assembly of Ta'awuniya Insurance Company held an important meeting at the Health Insurance Hall in Wad Madani, where it adopted a landmark resolution aimed at strengthening the company's financial solvency.

Shareholders unanimously approved a resolution to increase the company's authorized capital to SDG 4 billion and its paid-up capital to SDG 2 billion. This decision forms part of the company's strategy to strengthen its capital base, expand its insurance operations, and serve a broader segment of customers in the Sudanese market.

The meeting was notable for combining in-person attendance with virtual participation, reflecting the company's commitment to transparency and ensuring that all shareholders have the opportunity to participate in critical decision-making.

In recognition of his contributions, the General Assembly also honored the Secretary-General of the National Insurance Regulatory Authority in appreciation of his regulatory efforts to organize and develop the country's insurance sector.

This resolution reaffirms Ta'awuniya Insurance Company's determination to strengthen its leading position and achieve sustainable growth in a manner that serves the interests of shareholders and policyholders while contributing to the national economy.