Establishment of a financial guarantee on Mauritanian insurance companies

July 26, 2018

Mauritanian insurance companies will henceforth be subject to a 300 million MRO (850 800 USD) financial guarantee. Established by the Ministry of Economy and Finance, the new requirement has been strongly challenged by local insurers.

Equally important, a professional association defending the interests of the insurance industry will soon see the light of day in Mauritania.

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