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HomeAfricaEight firms protest insurance monopoly in Mauritania

Eight firms protest insurance monopoly in Mauritania

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

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