Insurance law

Insurance law in Cameroon is governed by the CIMA code; French acronym as “Code des Assurances des Etats member de la CIMA”. CIMA is the Central Insurance Supervisory Authority in Sub-Saharan French –Speaking African countries which comprise of 14 member states. The International Supervisory Conference (CICA) member countries signed a new treaty establishing an Inter-African Conference on Insurance Markets, CIMA on the 10th of July 1992. This became enforceable on the 15th of February 1995. This enabled the easy implementation and enforcement of insurance contracts in member states.