Yaoundé - 29 November 2023 -



Cameroon: Insurance companies report only 14% of stamp duties collected into the Public Transport Passengers' pool

Insurance companies operating in Cameroon only report about 14% of the vehicle stamp duties they collect into the Public Transport Passengers' pool (PTP)....
Tuesday 10 November 2020Insurance

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,...
Wednesday 27 May 2020Insurance

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...
Thursday 7 May 2020Insurance

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...
Monday 27 April 2020Insurance

Cameroon: Covid-19 won’t have a significant impact on the local insurance sector, Protais Ayangma says

In Cameroon, the impacts of the coronavirus will not be felt the same way by the various branches of the insurance sector. This is revealed in a...
Tuesday 21 April 2020Insurance

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...
Thursday 20 February 2020Insurance

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...
Friday 14 February 2020Insurance

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...
Thursday 16 January 2020Insurance

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...
Friday 10 January 2020Insurance

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),...
Thursday 12 December 2019Insurance

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...
Thursday 14 November 2019Insurance

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...
Thursday 18 April 2019Insurance

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...
Thursday 11 April 2019Insurance

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...
Friday 1 February 2019Insurance

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...
Thursday 15 November 2018Insurance

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...
Monday 24 September 2018Insurance

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,...
Monday 9 April 2018Insurance

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...
Friday 19 January 2018Insurance

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...
Friday 7 April 2017Insurance

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...
Saturday 11 February 2017Insurance

The Cameroonian government is organising a development plan for the universal healthcare coverage for the first semester of 2017

The National Inter-sector Technical Committee in charge of providing Cameroon with a universal healthcare coverage system, just presented the...
Tuesday 1 November 2016Insurance

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...
Thursday 17 October 2013Insurance

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...
Monday 23 September 2013Insurance

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...
Tuesday 25 June 2013Insurance

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...
Friday 17 May 2013Insurance

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...
Tuesday 2 April 2013Insurance

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...
Wednesday 27 February 2013Insurance

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...
Thursday 21 February 2013Insurance

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...
Friday 15 February 2013Insurance

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...
Thursday 7 February 2013Insurance

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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