Chad insurance market
Identity
| Population : 15 947 000 inhabitants |  |
| GDP : 11.315 billions USD | |
| GDP per inhabitant : 709 USD | |
| GDP growth rate : 3.2% | |
| Inflation rate : -1% |
Data as at 31/12/2019, Source : World Bank
The chadian insurance market: main indicators
| 2019 | |
| Turnover | 23.769 millions USD |
| Penetration rate | 0.21% |
| Insurance Density | 1.49 USD |
Structure of the chadian insurance market
Non life companies | 2 |
Life companies | 1 |
| Total | 3 |
Data as at 20/09/2019, Source: Jeune Afrique
Ministry of Finance and Budget - Insurance Division | www.finances.gouv.td |
Association des Sociétés d’Assurances du Tchad (ASAT) | - |
The chadian insurance market: evolution of premiums
Figures in million USD| Activities | 2015 | 2016 | 2017 | 2018 | 2019 |
Non life | 22.044 | 18.515 | 20.496 | 20.358 | 21.375 |
Life | 2.004 | 1.449 | 1.647 | 1.392 | 2.394 |
| Total | 24.048 | 19.964 | 22.143 | 21.750 | 23.769 |
Source : FANAF
Exchange rate as at 31/12/2015 : 1 FCFA= 0.00167 USD ; as at 31/12/2016 : 1 FCFA = 0.00161 USD ; as at 31/12/2017 : 1 FCFA= 0.00183 USD ; as at 31/12/2018 : 1 FCFA= 0.00174 USD ; as at 31/12/2019: 1 FCFA = 0.00171 USD
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