SAAR to launch an Islamic insurance

SAAR Assurances, the leader in business risks (SMEs) in Guinea, is to launch a takaful product.

Through "SAAR Takaful", a newly established entity, the company intends to market products in line with the Islamic principles.

The offer concerns the personal insurance and property damage activities (business risks and third-party liability). Such an operation aims at boosting the activity and diversifying the products of SAAR Assurances.

Created in Cameroon in 1990, the “Société Africaine d'Assurances et de Réassurances” (SAAR) is a major stakeholder in the Cameroonian insurance. Its network comprises several African countries: Cameroon, Benin, Côte d'Ivoire, Equatorial Guinea, Liberia, Republic of Guinea, Sao Tomé-et-Principe, Senegal and Chad.