Angolan insurance companies prepared to take on import risks

31 March 2015

Angola’s insurance companies are prepared to take on the risks of losses from importing goods, said Monday in Luanda, the president of ENSA – Seguros de Angola.

Manuel Gonçalves, who was speaking on the sidelines of a seminar on Ocean Freight and Goods Import Insurance, said insurance for the import of goods should be compulsory and added that many importers contract the insurance outside Angola, “which affects the national economy. ”

“It is important that national importers take on insurance in Angola and not abroad, as many do,” said the president of ENSA, cited by Angolan news agency Angop.

Gonçalves also said his company could offer importers the necessary security so that in case of accidents they can recover the amounts invested.

The head of the Angolan National Shipping Exchange, Marina de Almeida Costa said during the seminar that the institution has sought to find solutions to minimise the effects of high fees paid abroad by Angolan importers in particular and Africans in general.

“Freight fees paid for the carriage of goods to Africa are excessively high when compared with other parts of the world in identical circumstances,” said the Head of the National Shipping Exchange. (macauhub/AO)