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Acam Vie to increase its capital by 1 billion FCFA

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Magazine Issue: 
Highlights [3]
Magazine date: 
Jul 2019

ACAM VieIn a recent press release, Acam Vie has announced the increase of its share capital from 2 to 3 billion FCFA (3.38 million to 5.06 million USD) in May 2019.

The Cameroonian life insurance company has thus complied with the requirements of the supervisory authority CIMA.

Acam Vie has been operating on the local market since 2016. Four companies dominate life insurance in Cameroon: Allianz Vie, Beneficial Life, Sunu Assurances Vie and Activa Vie.

Lire aussi| insurance industry in Cameroon [4]

Mon, 02/09/2019 - 11:51

Source URL: https://www.atlas-mag.net/en/article/acam-vie-to-increase-its-capital-by-1-billion-fcfa

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[4] https://www.atlas-mag.net/en/article/the-insurance-industry-in-cameroon-2012-2016