SORAS, (Société Rwandaise d´Assurances) Created in 1984, currently a leading insurance company SORAS GROUP LTD: Investment and Service Company headed by MR.
Created in 1984, SORAS SA (Société Rwandaise d´Assurances) has been split into three different companies, members of one group. Charles MPORANYI, Chairman of the Group. SORAS - GENERAL BUSINESS LTD: Insurance Company for short term business headed by MR. Benjamin MBUNDI, Chief Executive Officer. SORAS - LIFE BUSINESS LTD: Insurance Company for long term business headed by Jean Enoch HABIYAMBERE, G
eneral Manager. This split aimed at complying with insurance Laws and related Instructions that existing insurance companies should split into short term and long term activities. SORAS shareholders took that opportunity to increase SORAS stake in other business activities with a majority shareholding in a microfinance institution CFE AGASEKE, and in GENIMMO, a Real Estate Company. Finally, SORAS GROUP came as a result of this restructuring and it is composed of five companies:
SORAS GROUP, an investment and service company - Mother Company
Four affiliated companies in three sectors of activites:
• Insurance sector: SORAS General Business and SORAS Life Business;
• Finance sector: CFE AGASEKE;
• Real Estate: GENIMMO.