Moroccan company Wafa assurances Vie gets CIMA certification to operate in Cameroon
Th
e Cameroonian auxiliary of the Moroccan insurance agency Wafa confirmations Vie can now dispatch its exercises. The specialists Committee of the Inter-African Conference of Insurance Markets (CIMA), the administrative power in the protection part in Central and Western Africa, embraced amid a conventional session held in Yaoundé from 28 March to 6 April 2016, the ideal sentiments as of now conveyed by the Cameroonian Ministry of Finance and the Regional Insurance Control Commission of CIMA.
The new organization, as per the previsions of its shareholders, arrangements to build up the life coverage market in Cameroon by utilizing the circulation system of the Société Commerciale de Banque (SCB Cameroun), bank auxiliary of the Moroccan gathering Attijariwafa, who likewise claims Wafa confirmations.
Beside Cameroon, this Moroccan insurance agency is as of now present in Senegal and Tunisia, where the managing an account backups of its guardian organization Attijariwafa Bank were likewise used to dispatch it. Notwithstanding Cameroon, CIMA has additionally issued to Wafa affirmations the endorsements to work in Côte d'Ivoire through two organizations: Wafa certifications Côte d'Ivoire SA, Wafa confirmations Vie Côte d'Ivoire.
As an update, Cameroon as of now has 23 insurance agencies, including 16 non-life organizations and 7 life organizations. As indicated by CIMA insights, these organizations had a turnover of FCfa 154.2 billion in 2012, in this way affirming the second place of Cameroon in the CIMA zone, behind Côte d'Ivoire.
The new organization, as per the previsions of its shareholders, arrangements to build up the life coverage market in Cameroon by utilizing the circulation system of the Société Commerciale de Banque (SCB Cameroun), bank auxiliary of the Moroccan gathering Attijariwafa, who likewise claims Wafa confirmations.
Beside Cameroon, this Moroccan insurance agency is as of now present in Senegal and Tunisia, where the managing an account backups of its guardian organization Attijariwafa Bank were likewise used to dispatch it. Notwithstanding Cameroon, CIMA has additionally issued to Wafa affirmations the endorsements to work in Côte d'Ivoire through two organizations: Wafa certifications Côte d'Ivoire SA, Wafa confirmations Vie Côte d'Ivoire.
As an update, Cameroon as of now has 23 insurance agencies, including 16 non-life organizations and 7 life organizations. As indicated by CIMA insights, these organizations had a turnover of FCfa 154.2 billion in 2012, in this way affirming the second place of Cameroon in the CIMA zone, behind Côte d'Ivoire.
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