Business

Cameroon – Insurance: The CEMAC pink card already allows to settle 200 to 300 million FCFA of claims per year

the CEMAC rose card already allows to settle 200 to 300 million FCFA of claims per year
Written by Deckson N.

The representatives of the national offices of the Cemac pink card are thinking in Libreville since 9 January, to help more secure cross-border claims settlement within the Community area. “Ideally, when there is a disaster, the settlement happens fairly quickly, which is not yet the case; Sometimes we receive incomplete files. It is therefore an acceleration of the rate of settlement of these claims that occur in the community space, which is sought, “explains Parfait Mbifoyo Tabane, chairman of the board of the offices of the Cemac pink card.

In fact, although there are still difficulties in improving the functioning of this instrument, it makes it possible each year to facilitate the settlement of claims, the volume of which varies between 200 million CFA francs and 300 million CFA francs. “Speaking of the activities of the Cemac pink card, many advances have been observed because the facilitation is real,” says the chairman of the board.

This document, adopted since 1996 by the heads of state of the subregion, constitutes, according to the Gabonese authorities, a tool for facilitating community integration. “There can not be an economic zone without a safe and reliable cross-border circulation“, hammered the head of cabinet of the Gabonese Minister of Economy.

For him, players in the pink card system must play their full part, which is to provide their secure and efficient assistance to the cross-border claims settlement process for prompt compensation and a reduction in the number of outstanding cases.

About the author

Deckson N.

Leave a Comment

Please wait...

Subscribe to our site and be Informed!

Want to be notified when our article is published? Enter your email address and name below to be the first to know.