Cameroon Moves to Curb Reinsurance Outflows with New Local Cession Law
[Business in Cameroon - Cameroon] - 20/06/2025
Key Highlights Draft law mandates local cession of insurance premiums and reinsurance contracts. Cameroon loses CFA45 billion annually through foreign reinsurance, totaling CFA119 billion since 2019. Bill seeks to strengthen domestic insurance capacity and retain capital in the local economy. (…)
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