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INSURANCE COMPANY IN CAMEROON (CREATION PROCEDURE AND REQUIREMENTS)

Business Verification Cameroon

INSURANCE COMPANY IN CAMEROON (CREATION PROCEDURE AND REQUIREMENTS)

Certification of directors of insurance companies

Profile of managers (Articles 329 and 506 of the CIMA Code)

Certification of directors of insurance companies

Composition of the file (Article 328-4 and 328-5 of the CIMA Code)

Insurance company creation

The Chairman of the Board of Directors sends one (01) stamped request to the Minister in charge of Insurance accompanied by the following documents:

      • a true certified copy of the birth certificate dated less than six (06) months;

      • a certified copy of the diploma appearing in the list published by the CRCA;

      • a certificate of presentation of the original the certification;

      • a certificate of nationality;

      • two (2) 4X4 photos;

      • an extract from the criminal record bulletin N ° 3 dating from less than three (03) months;

      • a dated and signed curriculum vitae;

      • a certificate of non-bankruptcy;

      • a declaration form (CIMA model), signed by the Public Prosecutor at the Court of First Instance;

      • a certificate of employment and any other proof of professional experience;

      • a descriptive statement of the current professional activities and those exercised in the ten years preceding the application for approval;

      • the act of appointing the manager;

      • for foreigners, a resident card in addition to the above documents;

      • any other document deemed necessary.

     

    Article by CHUO ANGABUA JUNIOR

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