Chanas Assurances
Upon the creation of the Société Camerounaise d'Assurances (SOCAR) in 1973, Chanas became one of the two major partners of the very young national company, a privileged position that enabled it to buy out non-life's portfolio when the Cameroonian state decided to free itself from SOCAR.
 |
| Jacqueline Casalegno |
| Chairman |
Its capacity of adaptation combined with the tenacity and perseverance of its founder have enabled Chanas to rise, in a very short lapse of time, from the status of an intermediary to that of the first insurance company in Cameroon, overtaking large insurance groups like AXA and AGF-Allianz.
The considerable capitalization provided the company with the necessary financial basis, not only to underwrite Cameroonian large risks, but also to develop commercial activities at both national and international scales, with namely, the opening of a subsidiary in Equatorial Guinea. One of the keys of Chanas success stands with the renewal of its human capital. Madam Casalegno has wisely managed to attract competences from various horizons, especially from former SOCAR.
Chanas Assurances : Key dates
- 1st january 2000:The effective transfer of SOCAR portfolio
- November 1999:Signing of the convention for the transfer of SOCAR portfolio to Chanas Ltd
- May 1999:Signing of SOCAR's management convention
- April 1999:Creation of Chanas Ltd
- March 1999:Chanas-Privat is appointed as SOCAR's temporary bidder
- 1973:Involvement in the creation of the Société Camerounaise d'Assurances (SOCAR)
- 1953:Creation of Chanas-Privat Assurances Ltd by Mrs Jacqueline Casalegno, Chanas (maiden name)
Chanas Assurances in 2004
Rank | 1st in Cameroon 2nd in the French-speaking Africa area* |
Totally paid capital | 2.3 billion FCFA (4.2 million USD)** |
Premiums | 14.25 billion FCFA (29.6 million USD) |
Number of employees | 90 |
Insure | Camair (Cameroon Airlines) SNH (société nationale des hydrocarbures) Brasseries du Cameroun Fotso (1st private industrial group in Cameroon) Pipeline Chad-Cameroon |
Chanas Assurances : Management
| Chairman | Jaqueline Casalegno |
| DGM in charge with special files, strategy and overseas business | Paul Tsala |
| DGM operations manager | Alain Harscoet |
| General Auditor | Henri Ewele |
They have worked at Chanas Assurances
Protais Ayangma (Chairman of La Citoyenne Cameroon) |
Édouard Pierre Valentin (Chairman of OGAR Gabon) |
Jacques Not (former General Manager of Gras Savoye Cameroon) |
Hervé Leboucher (former General Manager of Gras Savoye Greece) |
Alain Colette (former General Manager at Gerling France) |
Chanas Assurances : Main shareholders
Foreign Capitals | 38% |
|---|---|
| - Casalegno Group - Insurers / Reinsurers / SFI | 35% 3% |
Local Capitals | 62% |
| - Société Nationale des Hydrocarbures - Private investors | 20% 42% |
Chanas Assurances : Premiums split by classes of business (2001-2004)
in thousands USD| Class of business | 2001 | 2002 | 2003 | 2004 |
|---|---|---|---|---|
Health & General Accidents | 2 719.3 | 2 982.8 | 3 591.1 | 5 112.5 |
Motor | 3 077.2 | 3 591.4 | 3 576.2 | 4 798.4 |
Fire and Property Damage | 1 036.3 | 2 664.1 | 1 544.9 | 2 123.7 |
TPL | 176.8 | 227.4 | 212.9 | 301.0 |
Marine | 6 379.3 | 13 039.9 | 16 443.4 | 16 468.1 |
Miscellaneous | 66.4 | 31.2 | 347.3 | 803.4 |
Total | 13 455.3 | 22 536.8 | 25 715.8 | 29 607.1 |
Exchange rate USD/XOF as at 31/12 | 2001 | 2002 | 2003 | 2004 |
743.922 | 625.497 | 576.766 | 481.330 |
Chanas Assurances : Contact
| Head office | Douala - PB 109 |
|---|---|
| Phone | (+237) 33 42 14 74 |
| Fax | (+237) 33 42 99 60 |
chanas [at] iccnet2000 [dot] com | |
| Website | |
Direct Offices | |
| - Douala | PB 109, - Phone: (+237) 33 42 14 74 - Fax: (+237) 33 42 99 60 |
| - Bafoussam | PB 1039, - Phone: (+237) 33 44 61 87 - Fax: (+237) 33 44 61 87 |
| - Nkongsamba | PB 35, - Phone: (+237) 33 49 14 96 - Fax: (+237) 33 49 14 96 |
General agents | |
| - Yaoundé | Alain Veille Assurances sarl PB 253, - Phone: (+237) 22 22 45 00 - Fax: (+237) 22 22 51 22 |
| - Douala | Frédéric Pech Assurances sarl PB 5927, - Phone: (+237) 33 42 39 62 - Fax: (+237) 33 42 39 94 |
Chanas Assurances in Cameroon
