Republic of Congo insurance market
Identity
Population : 5 380 504 inhabitants | |
GDP : 12.694 billions USD | |
GDP per inhabitant : 2359 USD | |
GDP growth rate : 0.2% | |
Inflation rate : 2.2% |
Data as of 31/12/2019, Source : World Bank
The congolese insurance market: main indicators
2019 | |
Turnover | 101.232 millions USD |
Penetration rate | 0.79% |
Insurance Density | 18.81 USD |
Structure of the congolese insurance market
Non life companies | 5 |
Life companies | 2 |
Total | 7 |
Ministry of Finance, Budget and Public Portfolio - National Insurance Department | www.finances.gouv.cg |
Association Professionnelle des Sociétés d’Assurances du Congo (APSACO) | - |
The congolese insurance market: evolution of premiums
Figures in million USDActivities | 2015 | 2016 | 2017 | 2018 | 2019 |
Non life | 145.290 | 93.541 | 98.637 | 91.524 | 93.708 |
Life | 9.352 | 9.177 | 8.418 | 7.134 | 7.524 |
Total | 154.642 | 102.718 | 107.055 | 98.658 | 101.232 |
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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