Some 900 people have been registered for this 41 edition of the Assemblies of the Federation of African Societies of African National Law (FANAF).
If the panels were raised, dealing with important topics such as raising the minimum capital (we will come back to this important topic in our future editions), most of the actors were looking for the right partners.
Distortion on DAT
Alongside insurers, reinsurers and brokers, there are many fund managers and brokers looking for the right deal. Customers (insurance companies) would be more demanding in terms of the remuneration of the deals. Thus West Africa proposes 6% rates on DAT against 1,5 to 2 in Central Africa, penalized by the weakness of the market.
Concerns on the horizon
In contrast to previous years where the morale of insurers was supported by the strong growth of the sector, the atmosphere this year is rather weighed down by performance market ups and downs. Thus the Ivorian market grew by only 3% borne by the disease. An anachronistic figure compared to the growth rate of 8% recorded by the country.
Big deals still in sight
Despite the significant slowdown in the market, reconciliation noises are becoming clearer. SONAM (Senegal), would be on a big catch in Gabon. Transactions are underway between two regional companies. We will come back to it.
On the agenda today
For this day of Wednesday, the program focuses on “The new professions supporting insurance,” 3,0 communication, digital officer, finance and investment “. In the second part, it is about the regulation facing the threats of uberisation.
