Société Rwandaise d’Assurances-SORAS SA is the first Private Insurance Company to be registered and to operate in Rwanda. It was established on July 2nd 1984 and it started its operations on the 15th November 1984 as per the Presidential decree # 556/07 and which was gazetted on 5th September 1984. From Inception, SORAS was a subsidiary and had a close technical working relationship with Union des Assurances de Paris-UAP international, which was one of the largest and well known Insurance Companies in France and worldwide. Due to its technical and capacity support, SORAS quickly established its position as a leader in offering quality services and competitive Insurance products.The company underwent restructuring, resulting into creation of SORAS Group composed of three companies SORAS GROUP LTD, SORAS ASSURANCES GENERALEs (AG) LTD and SORAS VIE LTD and in 2012, SORAS revised its name, adopting Société Régionale d’Assurances from Société Rwandaise d’Assurances. Since 2014 SORAS Group partnered with SANLAM, a financial services Group based in South Africa, and one of the largest insurance companies in Africa in order to consolidate its market share in Rwanda and expand into the regional markets easily. Later on in 2017, SANLAM became the main shareholder in SORAS AG Ltd.