OGAR Vie, leader of the Gabonese life insurance market

OGAR Vie maintained its position as the leader of the life insurance market in 2020. The Gabonese insurer achieved a turnover of 10.4 billion FCFA (19.47 million USD) in 2020, which represents a 46% share of the local market.

The companies Sunu Assurances Vie Gabon and NSIA Vie Assurances ranked second and third with 9.2 billion FCFA (17.23 million USD) and 2 billion FCFA (3.74 million USD) of written premiums respectively.

With 22.3 billion FCFA (41.76 million USD) of premiums, the life market witnessed a 6.91% growth in 2020.