Eight Mauritanian insurance companies have conde mned the selection of the national insurance firm NASR to handle the policy of t h e National Mining Company, SNIM.
In a letter to the regulatory body, they noted that there were several irregular ities in the selection of NASR to handle the SNIM group, the biggest in Mauritan i a, as it is worth tens of millions of US dollars.
The firms said the selection of NASR was meant to further its long-term monopoly of the insurance market in Mauritania.
They said that in the spirit of good governance, transparency and competition, t he selection of NASR should be cancelled