The local market’s results in 2004

The 2004 market's turnover amounts to about 8 million USD, 50% of which is underwritten by the NASR company.
NASR has taken over the Société Mauritanienne d'Assurance et de Réassurance (SMAR) created in 1974, and which had had the monopoly over the business until 1993, when the market got liberalized and privatized. The business has neither brokers nor general agents. The distribution network is made up of the company's direct underwriting offices.
7 companies are currently operating on the market : AGM, Taamin, NASR, SAAR, Atlantic, SMAI, MAR.