Allianz to increase the share capital of some of its African entities
The Allianz Group has increased the share capital of its subsidiaries located in Cameroon (life insurance), Congo (non-life insurance insurance) and Senegal (life and non-life insurance).
The objective is to comply with the CIMA regulation, which requires, henceforth, a minimum capital of 3 billion FCFA (5.17 million USD) to be able to operate as an insurer
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Tue, 18/06/2019 - 17:21
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