Cameroonian insurance market: distribution of premiums by branch in 2019

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Figures in thousands
class of business2019 turnover2018 turnover2018-2019 evolution*2019 shares
FCFAUSDFCFAUSD
Motor
45 980 56078 62745 682 95979 4880.65%22.00%
Bodily injury and health
38 017 92365 01137 999 97766 1200.05%18.19%
Fire and other property damage
22 338 52738 19920 532 43235 7268.80%10.69%
Marine
18 357 18731 39119 174 25233 363-4.26%8.78%
General third party liability
5 708 2839 7615 060 8768 80612.79%2.73%
Credit and surety insurance
2 685 6864 5933 188 2815 548-15.76%1.28%
Others
4 211 7577 2027 997 38213 915-47.34%2.02%
Acceptances
3 876 2106 6283 212 9175 59020.64%1.85%
Total non-life141 176 132241 411142 849 078248 557-1.17%67.54%
Total life67 838 010116 00363 910 026111 2036.15%32.46%
Grand total209 014 141357 414206 759 103359 7611.09%100%

* Evolution in FCFA
Exchange rate as at 31/12/2019 : 1 FCFA = 0.00171 USD ; as at 31/12/2018 : 1 FCFA = 0.00174 USD

Read also | Insurance companies in Cameroon

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