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Rehabilitation of SONARA: ACTIVA Assurances ordered to pay 200 billion FCFA

30/08/2022
Categories: Companies

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In Cameroon, three years after the fire that destroyed production units of the National Refining Company (SONARA), ACTIVA Assurances is required to pay 200 billion FCFA.

While lawyers are involved in complex technical and legal proceedings, it is still unclear who should pay for the claim. The insurer Activa and the reinsurer Swiss Ré are not very vocal on the subject, while sources familiar with the matter recall that the premium had not yet been paid by Sonara at the time of the fire that occurred on May 31, 2019.

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