The Cameroonese company SAAR is getting established in the country

After obtaining license for the non life class of business last September 15, the Cameroonian company, Société Africaine d’Assurance et de Réassurance is officially established in Côte d’Ivoire.

Last August, the company had already obtained permission from the regional insurance supervisory commission within the interafrican conference for insurance markets (CIMA).

The major shareholders in SAAR Côte d’Ivoire are Ivorian Guy M’Bengue, who is entrusted with the duty of chairman of the board of directors and SAAR Cameroon, owned by Paul Fokam.