Insurance companies in Cameroon: 2021 ranking
Ranking of non-life insurance companies in Cameroon
Figures in thousands| Ranking 2021 | Non-life companies | 2021 turnover | 2020 turnover | 2020-2021 (1) evolution | 2021 shares | ||
|---|---|---|---|---|---|---|---|
| FCFA | USD | FCFA | USD | ||||
| 1 | AXA | 21 528 000 | 37 243 | 20 574 000 | 38 473 | 4.64% | 14.11% |
| 2 | Activa Assurance | 17 246 000 | 29 836 | 16 751 000 | 31 324 | 2.96% | 11.30% |
| 3 | Chanas Assurances | 16 251 000 | 28 114 | 14 122 000 | 26 408 | 15.08% | 10.65% |
| 4 | SAAR Assurances | 15 060 000 | 26 054 | 14 048 000 | 26 270 | 7.20% | 9.87% |
| 5 | NSIA Assurances | 11 107 000 | 19 215 | 11 375 000 | 21 271 | -2.36% | 7.28% |
| 6 | Allianz Assurances | 10 622 000 | 18 376 | 12 722 000 | 23 790 | -16.51% | 6.96% |
| 7 | GMC | 10 586 000 | 18 314 | 9 140 000 | 17 092 | 15.82% | 6.94% |
| 8 | SANLAM Assurances | 8 821 000 | 15 260 | 7 432 000 | 13 898 | 18.69% | 5.78% |
| 9 | Atlantique Assurances | 8 189 000 | 14 167 | 6 280 000 | 11 744 | 30.40% | 5.37% |
| 10 | ZENITHE Assurance | 7 681 000 | 13 288 | 5 581 000 | 10 436 | 37.63% | 5.03% |
| 11 | Prudential Beneficial General Insurance | 5 472 000 | 9 467 | 3 608 000 | 6 747 | 51.66% | 3.59% |
| 12 | AREA Assurances | 4 666 000 | 8 072 | 5 037 000 | 9 419 | -7.37% | 3.06% |
| 13 | SUNU Assurances | 3 938 000 | 6 813 | 3 698 000 | 6 915 | 6.49% | 2.58% |
| 14 | AGC | 3 886 000 | 6 723 | 4 242 000 | 7 933 | -8.39% | 2.55% |
| 15 | Royal Onyx Insurance | 2 654 000 | 4 591 | 1 712 000 | 3 201 | 55.02% | 1.74% |
| 16 | PROASSUR | 2 563 000 | 4 434 | 2 273 000 | 4 251 | 12.76% | 1.68% |
| 17 | CPA | 2 284 000 | 3 951 | 2 162 000 | 4 043 | 5.64% | 1.50% |
| Total non-life | 152 554 000 | 263 918 | 140 757 000 | 263 216 | 8.38% | 100.00% | |
(1) Evolution in FCFA
Source: Association of insurance companies of Cameroon (ASAC)
Read also | Cameroonian insurance market
Ranking of life insurance companies in Cameroon
Figures in thousands| Ranking 2021 | Life companies | 2021 turnover | 2020 turnover | 2020-2021 (1) evolution | 2021 shares | ||
|---|---|---|---|---|---|---|---|
| FCFA | USD | FCFA | USD | ||||
| 1 | Allianz Vie | 20 940 000 | 36 226 | 20 222 000 | 37 815 | 3.55% | 27.01% |
| 2 | Prudential Beneficial Life | 17 643 000 | 30 522 | 15 070 000 | 28 181 | 17.07% | 22.75% |
| 3 | ACTIVA Vie | 8 588 000 | 14 857 | 8 209 000 | 15 351 | 4.62% | 11.08% |
| 4 | SUNU Vie | 8 234 000 | 14 245 | 8 915 000 | 16 671 | -7.64% | 10.62% |
| 5 | WAFA Vie | 6 204 000 | 10 733 | 4 749 000 | 8 881 | 30.64% | 8.00% |
| 6 | SAAR Vie | 4 431 000 | 7 666 | 4 465 000 | 8 350 | -0.76% | 5.71% |
| 7 | SONAM Vie | 3 889 000 | 6 728 | 3 535 000 | 6 610 | 10.01% | 5.02% |
| 8 | SANLAM Vie | 3 625 000 | 6 271 | 2 462 000 | 4 604 | 47.24% | 4.68% |
| 9 | NSIA Vie | 2 181 000 | 3 773 | 1 782 000 | 3 332 | 22.39% | 2.81% |
| 10 | ACAM Vie | 1 531 000 | 2 649 | 980 700 | 1 834 | 56.11% | 1.97% |
| 11 | PROASSUR Vie | 274 100 | 474 | - | - | - | 0.35% |
| Total Life | 77 540 100 | 134 144 | 70 389 700 | 131 629 | 10.16% | 100.00% | |
(1) Evolution in FCFA
Source: Association of insurance companies of Cameroon (ASAC)
Exchange rate as at 31/12/2021 : 1 FCFA = 0,00173 USD ; as at : 1 FCFA = 0,00187 USD
