Inter-African Conference on Insurance Markets (CIMA) - Regulation of Micro-insurance Operations of CIMA Members States


Regulation No. 0003 supplements and amends the insurance code regarding micro-insurance for member states of the Inter-African Conference on Insurance Markets (CIMA). The document is divided into six parts. The first part is on micro-insurance contracts and covers the topics of general provisions relating to rules for micro-insurance contracts and contributions, exclusions, and indemnity. The second part is on micro-insurance companies, and covers regulations governing micro-insurance company operations, as well as goes through general provisions and control. Part three delineates accounting rules applicable to agencies micro-insurance, while Part four is on intermediaries for micro-insurance operations, and covers authorized entities, licensing, and compensation. Part five is on taxation, and Part six covers transitional provisions.

Document Details

Title (Non-English): 
Conférence Interafricaine Des Marchés D'assurance (CIMA) - Reglement N° 0003 CIMA/PCMA/PCE/2012 Portant Reglementation Des Operations De Microassurance Dans Les Etats Membres De La CIMA
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Date of Document: 
Sunday, January 1, 2012
Document Authors: 
Inter-African Conference on Insurance Markets (CIMA)
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