Angolan insurance market in 2022
Figures in thousands
| Companies | 2022 turnover | 2021 turnover | 2022-2021 evolution (1) | 2022 shares | ||
|---|---|---|---|---|---|---|
| In AOA | In USD | In AOA | In USD | |||
| Accidents and health (2) | 151 481 446 | 301 448 | 135 257 046 | 240 758 | 12.00% | 48.44% |
| Energiy | 47 833 801 | 95 189 | 60 145 245 | 107 059 | -20.47% | 15.30% |
| Motor | 29 318 880 | 58 345 | 25 186 803 | 44 832 | 16.41% | 9.37% |
| Other property damage | 23 487 440 | 46 740 | 21 109 499 | 37 575 | 11.26% | 7.51% |
| Fire and natural catastrophes | 11 672 305 | 23 228 | 12 864 148 | 22 898 | -9.26% | 3.73% |
| Marine | 7 120 737 | 14 170 | 7 845 473 | 13 965 | -9.24% | 2.28% |
| General third party liability | 6 693 362 | 13 320 | 4 620 132 | 8 224 | 44.87% | 2.14% |
| Miscellaneous risks | 9 799 090 | 19 500 | 3 163 675 | 5 631 | 209.74% | 3.13% |
| Non-life total | 287 407 061 | 571 940 | 270 192 021 | 480 942 | 6.37% | 91.90% |
| Life total | 25 337 304 | 50 421 | 7 840 317 | 13 956 | 223.17% | 8.10% |
| Grand total | 312 744 365 | 622 361 | 278 032 338 | 494 898 | 12.48% | 100% |
(1) Evolution in local currency
(2) Including travel insurance
Exchange rate as at 31/12/2022: 1 AOA= 0.00199 USD; at 31/12/2021: 1 AOA = 0.00178 USD
Source: Fundos de Pensões e Mediação de Seguros, Angola, 2022 Annual Report
Read also | Insurance companies in Angola
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