Samaritan Insurance wins 1.6 billion FCfa contract for Cameroon’s airports

Finance

Samaritan Insurance wins 1.6 billion FCfa contract for Cameroon’s airports

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- Wednesday, 02 April 2014 05:24

(Business in Cameroon) - The insurance policy for Cameroon’s airport personnel and public companies responsible for managing the country’s airport platforms will be underwritten this year by Samaritan Insurance, a local company. This was the news revealed in a press release issued by the Cameroonian Minister of Public Contracts, Abba Sadou.

According to the document, the deal handed to Samaritan Insurance is worth 1.6 billion FCfa for a period of 36 months. Samaritan Insurance beat out insurance sector giants such as Chanas, Beneficial General, Axa Cameroun, or the local subsidiary of the Colina Group to cop the deal.

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