Gabonese insurance market: evolution of premiums per class of business (2014-2019)
Figures in thousands USD
Figures in millions FCFA
Class of business | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2019 shares |
---|---|---|---|---|---|---|---|
Health | 39 249 | 34 652 | 30 962 | 34 972 | 30 527 | 35 123 | 20.38% |
Motor | 55 978 | 46 365 | 40 949 | 41 567 | 35 351 | 33 889 | 19.66% |
Fire and other property damage | 34 555 | 27 669 | 23 821 | 20 780 | 26 567 | 29 749 | 17.26% |
Marine | 39 299 | 39 131 | 27 954 | 31 492 | 21 595 | 23 775 | 13.79% |
General third party liability | 10 578 | 10 293 | 7 609 | 6 163 | 8 644 | 8 541 | 4.95% |
Bodily injuries | 3 158 | 2 162 | 1 895 | 1 907 | 928 | 1 052 | 0.61% |
Other risks | 4 009 | 6 309 | 3 542 | 3 032 | 2 789 | 3 633 | 2.11% |
Acceptances | 4 371 | 2 621 | 1 747 | 415 | 1607 | 992 | 0.58% |
Total non life | 191 197 | 169 202 | 138 479 | 140 328 | 128 008 | 136 754 | 79.34% |
Life | 33 518 | 29 330 | 31 583 | 41 561 | 35640 | 35 608 | 20.66% |
Grand total | 224 715 | 198 532 | 170 062 | 181 889 | 163 648 | 172 362 | 100% |
Read also | Gabonese insurance market in 2020
Figures in millions FCFA
Class of business | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2019 shares |
---|---|---|---|---|---|---|---|
Health | 21 216 | 20 750 | 19 231 | 19 110 | 17 544 | 20 540 | 20.38% |
Motor | 30 258 | 27 763 | 25 435 | 22 714 | 20 317 | 19 818 | 19.66% |
Fire and other property damage | 18 678 | 16 568 | 14 796 | 11 355 | 15 268 | 17 397 | 17.26% |
Marine | 21 243 | 23 431 | 17 362 | 17 209 | 12 411 | 13 904 | 13.79% |
General third party liability | 5 718 | 6 163 | 4 727 | 3 368 | 4 968 | 4 995 | 4.95% |
Bodily injuries | 1 707 | 1 294 | 1 177 | 1 042 | 533 | 615 | 0.61% |
Other risks | 2 167 | 3 778 | 2 200 | 1 657 | 1 603 | 2 124 | 2.11% |
Acceptances | 2 362 | 1 569 | 1 085 | 227 | 924 | 580 | 0.58% |
Total non life | 103 350 | 101 319 | 86 012 | 76 682 | 73 568 | 79 973 | 79.34% |
Life | 18 118 | 17 563 | 19 617 | 22 711 | 20 483 | 20 823 | 20.66% |
Grand total | 121 467 | 118 881 | 105 629 | 99 393 | 94 051 | 100 796 | 100% |
Exchange rate FCFA/USD as at 31/12 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
0.00185 | 0.00167 | 0.00161 | 0.00183 | 0.00174 | 0.00171 |
Read also | Ranking of Gabonese insurers in 2019
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