The Madagascan insurance market in 2007

The Malagasy insurance companies have collected a gross premium volume of 90.4 billion MDA (58 million USD) in 2007, a 22.5% progression in comparison with 2006. The company ARO maintains its lead over the market with 58.55% shares, followed by Ny Havana (25%), Mama (10%), AGF (4%) and Colina (3%).