ACTIVA
This ambitious challenge is confronted with the reality on the field. Either in Cameroon or in the CIMA zone, Activa is required to deal with competitors endowed with more consistent portfolios and better performing networks. The groups COLINA, NSIA, AGF and AXA are well ahead and have a firm grip over the market.
Richard Nzonlié Lowe |
Chairman |
Management
Activa assurances | |
---|---|
Chairman | Richard Nzonlié Lowe |
Assistant general manager | Mathieu Teyomnou |
Technical and development manager | Christian Hapi |
Claims manager | Henry Belle Mandengue |
Marketing and communication manager | Nicolas Wea |
General control manager | Juste Wemeni |
IT manager | Simon-Pierre Makondo |
Reinsurance and technical studies assistant manager | Jean Kwimang |
Human resources manager | Laure P.Youssa |
Quality and prevention engineer | Albert Nana |
Activa Vie | |
Chairman | Richard Nzonlié Lowe |
Assistant general manager | Annette Ekollo Monthe |
Assistant manager, underwriting | Suzanne Billigha |
Assistant manager, actuary | Henri Bayouak |
Assistant manager, management, performance and claims | Albert Bidjocka |
Activa group turnover‘s evolution: 2003-2007
in USD2003 | 2004 | 2005 | 2006 | 2007 | 2006/2007 growth | |
---|---|---|---|---|---|---|
Non life | 13 795 276 | 17 114 228 | 15 887 700 | 19 395 120 | 22 770 071 | 21.55% |
Life | 849 429 | 1 242 431 | 1 913 282 | 3 026 349 | 4 483 228 | |
Total | 14 644 705 | 18 356 659 | 17 800 982 | 22 421 469 | 27 253 299 |
in thousands USD
Activa group turnover split by class of business: 2003-2007
in USD2003 | 2004 | 2005 | 2006 | 2007 | ||||||
---|---|---|---|---|---|---|---|---|---|---|
Written premiums | % | Written premiums | % | Written premiums | % | Written premiums | % | Written premiums | % | |
Non life | ||||||||||
Motor | 5 653 150 | 41 | 6 416 397 | 37.5 | 5 344 502 | 33.6 | 5 844 610 | 30.1 | 6 996 960 | 30.7 |
Bodily injuries | 2 879 389 | 20.9 | 4 238 626 | 24.8 | 4 238 853 | 26.7 | 4 269 895 | 22 | 4 792 060 | 21.0 |
Fire & other property damage | 2 692 502 | 19.5 | 3 392 976 | 19.8 | 3 480 233 | 21.9 | 5 470 476 | 28.2 | 5 539 224 | 24.3 |
General TPL | 376 654 | 2.7 | 519 971 | 3 | 623 526 | 3.9 | 787 345 | 4.1 | 1 599 022 | 7.0 |
Marine | 2 155 620 | 15.6 | 2 501 979 | 14.6 | 2 200 586 | 13.9 | 3 022 794 | 15.6 | 3 217 569 | 14.1 |
Acceptances | 37 961 | 0.3 | 44 279 | 0.3 | - | - | - | - | 625 236 | 2.7 |
Total non life | 13 795 276 | 100 | 17 114 228 | 100 | 15 887 700 | 100 | 19 395 120 | 100 | 22 770 071 | 100 |
Life | ||||||||||
Total life | 849 429 | - | 1 242 431 | - | 1 913 282 | - | 3 026 349 | - | 4 483 228 | - |
Grand total | 14 644 705 | - | 18 356 659 | - | 17 800 982 | - | 22 421 469 | - | 27 253 299 | - |
Activa group's main technical and financial highlights: 2003-2007
in USD2003 | 2004 | 2005 | 2006 | 2007 | |
---|---|---|---|---|---|
Turnover | 14 644 705 | 18 356 659 | 17 800 982 | 22 421 469 | 27 253 299 |
Net financial income | 322 575 | 272 621 | 392 183 | 462 716 | 253 397 |
Commissions | 2 230 900 | 2 859 591 | 2 611 113 | 3 282 509 | 3 626 073 |
Overhead expenses | 2 139 226 | 2 710 145 | 2 812 876 | 3 365 043 | 3 938 117 |
Loss ratio* | 58.50% | 48.30% | 47.90% | 70.90% | 44.60% |
Net operating result | 212 815 | 992 509 | 620 371 | 1 076 538 | 1 426 750 |
Activa group's evolution: 2003-2007
in millions USDACTIVA group in 2007
in USDActiva Assurances | Activa Vie | |
---|---|---|
Capital | 3 605 000 | 1 144 000 |
Shareholders' equity | 3 146 000 | 1 233 000 |
Net result | 1 174 000 | 942 000 |
Turnover | 22 770 000 | 4 483 000 |
Technical provisions* | 26 693 000 | 4 539 000 |
Coverage rate of regulated agreements | 119% | 107% |
Solvency margin rate | 221% | 347% |
Profit ratio | 5.3% | 6.3% |
Staff | 68 | 18 |
Agencies | 9 | 6 |
Exchange rate FCFA/USD as at 31/12 | 2003 | 2004 | 2005 | 2006 | 2007 |
0.001984 | 0.002159 | 0.001805 | 0.002095 | 0.002289 |
Contact
Head office | Prince de Galles street - Building head office Activa B.P. 12970 Douala, Cameroon |
Phone | (+237) 33 50 13 00 / 33 43 45 03 |
Fax | (+237) 33 43 45 72 |
activa [dot] assur [at] activa-cameroun [dot] com | |
Website |
0
Your rating: None
Fri, 17/05/2013 - 15:00
The online magazine
Live coverage
12:13
12:12
11:30
09:11
03/27
Latest news