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Tax adjustment: 29 insurance and reinsurance companies listed in Senegal

06/04/2022
Categories: Sectors

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In Senegal, insurance companies have been rehabilitated with billions of FCFA. There are a total of 29 companies.

Based on a text of the West African Economic and Monetary Union (UEMOA) dating from 2010 but never applied, the Senegalese Customs has just notified billions of CFA francs of recovery to some local insurance companies. According to our information published by Financial, the companies AXA and Allianz are among the first targeted by this investigation relating to the violation of exchange rules and financial transactions linked to foreign countries in the insurance sector.

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