Chadian Insurance Industry Grew in Terms of Gross Written Premium at A Review-Period CAGR of 11.6%

Date: 2015-09-01

“• The Chadian insurance industry grew in terms of gross written premium at a review-period CAGR of 11.6%.

• Favorable regulations to support overall insurance industry growth over the forecast period.

• Chad’s stable domestic political situation is expected to encourage global investors to participate in the country’s insurance industry. 

• The non-life segment accounted for 71.2% of the industry’s gross written premium in 2014.

• Property insurance was the largest category within the segment in terms of gross written premium during the review period.

• The Chadian insurance industry is governed by the Direction des Finances Extérieures et Organismes (DFEO), under the Ministry of Finance. 

• The Chadian insurance industry is oligopolistic with only two domestic insurers as of 2014.”

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