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09.05.2025

Adjustment of cover policy for Senegal

Senegal’s financial situation remains strained

The SERV Insurance Committee has redefined Senegal’s cover policy.

The Senegal Court of Audit confirmed in February 2025 that, under the previous government, essential fiscal key figures – particularly concerning national debt – had been systematically understated. 

In the wake of this massive accounting scandal, the country’s financial situation remains strained. Against this background, the Insurance Committee has now adjusted the cover policy for Senegal: the status “cover by exception” now applies for the state category. The status for banks and private companies has been changed to “cover with restrictions”.

  ST MLT
State Cover by exception
Banks Cover with restrictions
Private companies Cover with restrictions

More information about cover policies can be found here: Cover policy by country.