Insurance Industry in Chad, Key Trends and Opportunities to 2018

Date: 2015-09

The Chadian insurance industry is small, with just two companies serving a population of 11.2 million in 2013, and less developed than in other Sub-Saharan countries such as Cameroon and Côte d’Ivoire. However, the Chadian insurance industry grew from XAF8.73 billion (US$18.5 million) in 2009 to XAF9.58 billion (US$19.4 million) in 2013, at a review-period (2009–2013) CAGR of 2.3%. This was partially due to the strong performance of the personal accident and health segment, and the strength of the Chadian economy.

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