The Insurance Industry in Senegal, Key Trends and Opportunities to 2019

Date: 2015-11
Pages:162
Price:

“โ€ข The Senegalese insurance gross written premium grew at a review-period CAGR of 3.5%.

โ€ข The Senegalese insurance industry is governed by the Directions des Assurances, under the Ministry of Finance.

โ€ข The Senegalese insurance industry comprised 21 insurers and one reinsurer as of 2013.

โ€ข Life insurance accounted for 25.8% of the industry’s gross written premium in 2014 and grew at a review-period CAGR of 6.9%.

โ€ข The non-life segment accounted for 55.5% of the industry’s gross written premium in 2014 and grew at a review-period CAGR of 1.3%.

โ€ข In terms of economic losses caused by natural hazards, drought accounted for 87.3%, followed by flood with 12.7% during 1990โ€“2014.”

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