Insurance
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Cameroon on the brink of finalizing the creation of a national reinsurance company
"Cameroon-Re " is the name chosen by national financial authorities for the new national reinsurance company of Cameroon. According to our information,...
Cameroon: Insurance companies paid XAF93.8 bln of claims and benefits in 2018 (ASAC)
In Cameroon, insurance companies released a total of XAF93.8 billion for the payment of claims and other benefits in 2018, according to the Association of...
Cameroon: Prudential Beneficial offers clients free guarantees against Covid-19
Clients of Prudential Beneficial Life Cameroon, up to date with the payment of their premiums on April 1, 2020, will be offered a 45-day (possibly...
Zenithe Afrik triples share capital, becomes Sonam Vie SA Cameroun
Senegalese insurer Sonam, which was authorized to operate in Cameroon since December 2017, informs that its merger with the Cameroonian Zenithe Afrik...
FANAF presidency : Théophile Gérard Moulong withdraws from the race
On February 20, 2020, in Libreville, Gabon, Théophile Gérard Moulong – the Cameroonian who declared his candidacy for the presidency of the FANAF...
FANAF : Cameroonian Théophile Gérard Moulong in line for the presidency
On February 20, 2020, the President of the Federation of African National Insurance Companies (FANAF) will be elected in Libreville, Gabon, during the...
Olivier Malâtre becomes Allianz Cameroon’s MD
Subject to the approval of local regulatory authorities, the management of the insurer Allianz Cameroon is expected to change hands during the beginning...
Cameroon finally stops VAT on life insurance contracts following Insurers’ protests
Cameroon has abolished the value-added tax (VAT) applied to life insurance for this fiscal year. In the circular of the Minister of Finance (Minfi),...
British Prudential acquires stakes in Cameroonian insurer Beneficial group
British insurance giant Prudential has finally obtained all the necessary authorizations from the various regulators to acquire a majority stake in...
Morrocan Wafa Assurance extends its footprint in Cameroon with acquisition of Pro Assur
On November 12, 2019, Moroccan insurance firm Wafa Assurance officially announced the finalization of the acquisition of the Life and non-life divisions...
Atlantique assurance Cameroun IARDT launches low-cost insurance products
Insurer Atlantique assurance Cameroun IARDT, member of Atlantic Group, launches today April 18 in Yaoundé “Assur Tous” its health and accident coverage...
Insurer Saham Life Insurance Cameroon increases its capital to XAF3.1bln
Insurer Saham Life Insurance Cameroon increases its capital share to XAF3.12 billion from XAF1.37 billion previously, an improvement by XAF1.75...
Cameroonian Insurer GMC SA increases capital to XAF3 billion
Insurance company Garantie mutuelle des cadres (GMC S.A.), chaired by Jean Perrial Nyodog, announces it is once again increasing its capital from XAF2.17...
Cameroon: Telecom investments shrunk by 23.8% in 2017
In 2017, investments in the Cameroonian telecom sector totaled CFA305.3 billion after a peak at CFA400 billion in 2016 which was the best performance...
Cameroon: Baloon Assurance opens a branch in Douala
The Digital insurance brokerage firm Baloon Assurance which leads the African market has just opened a subsidiary in Cameroon last September 20 in Douala,...
Continental Re’s regional office in Douala to be converted into a subsidiary
C-Re Holdings, the investment fund that controls the capital of Continental Reinsurance Plc (Continental Re), reveals in its 2017 financial report that it...
Cameroon: A new insurance company Zenithe Afrika-Vie to launch soon
Zenithe Afrika-Vie, a new insurance company will soon start operations in Cameroon. This new company will then increase the number of life insurance...
Cameroonian Joseph Eyok is new Deputy MD of Allianz Cameroun Assurances
The subsidiary of the French insurance company, Allianz Cameroun Assurances, announced the appointment of Cameroonian Joseph Eyok as Deputy Managing...
CNPS gets agreement with Tunisia Medical Services for medical evacuations
The Managing Director of Caisse Nationale de Prévoyance Sociale (CNPS), Alain Noël Olivier Mekulu Mvondo Akame and the Managing Director of Tunisia...
Allianz Insurance Best in Cameroon in 2013
According to the classification of insurance companies in Africa by Jeune Afrique in its latest publication, Allianz Assurances is the best in Cameroon in...
Chanas Gets New General Manager
- Henri Frédéric Ewele, 56, is the new General Manager of Chanas Assurance Company. The outfit’s Board of Directors installed the new GM into office on...
Zenithe, Douala city council’s major insurer
Zenithe Insurance, according to a statement from the Ministry of Public contracts on June 19, 2013 published in the state run bilingual daily, Cameroon...
Raphael Fute, ASAC’s President Elect
Raphael Fute, General Manager of Compagnie Professionnelle d’Assurances is the new President of the Association of Cameroon Insurance Companies (ASAC). He...
CIMA Revokes License of Alpha Assurances
The regional commission for the control of insurance companies (CIMA) has revoked the license to operate of Alpha Assurances, according to Tuesday’s...
Insurers focus on compensation gaps at 37th General Assembly of FANAF
The general assembly of the Federation of African Insurance Companies opened on Monday February 26, 2013 in Yaoundé with a spotlight on compensation to...
Chanas Assurances wants to increase its social capital in 2013
Contained in a press release published in Cameroon tribune, signed by the General Manager, Jacqueline Casalegno, the subject will be one of the main items...
Yaoundé to host international institute of insurance
ASAC (Association of Cameroon Insurance Companies) officials made the revelation during a press briefing in Yaoundé, on February 13, 2012 on the FANAF...
AGC Insurance sacks General Manager
Leopold Nguiffo, was sacked by the Board of Directors of AGC Assurances, on January 11, 2013 during the board’s meeting. After six months of service,...
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