Establishment of a new insurance company "la Nouvelle Alliance d'Assurance"

A new insurance company, named la Nouvelle Alliance d'Assurance (Nallias-SA), has been established. Endowed with a capital of 500 million FCFA (1.150 million USD), the new entity will be run by Cheickhna Diawara. Nallias, which plans on opening two agencies within the country soon, will be marketing non-life insurance products.