Cameroonian insurance market: distribution of premiums by branch in 2019
Figures in thousands
| class of business | 2019 turnover | 2018 turnover | 2018-2019 evolution* | 2019 shares | ||
|---|---|---|---|---|---|---|
| FCFA | USD | FCFA | USD | |||
Motor | 45 980 560 | 78 627 | 45 682 959 | 79 488 | 0.65% | 22.00% |
Bodily injury and health | 38 017 923 | 65 011 | 37 999 977 | 66 120 | 0.05% | 18.19% |
Fire and other property damage | 22 338 527 | 38 199 | 20 532 432 | 35 726 | 8.80% | 10.69% |
Marine | 18 357 187 | 31 391 | 19 174 252 | 33 363 | -4.26% | 8.78% |
General third party liability | 5 708 283 | 9 761 | 5 060 876 | 8 806 | 12.79% | 2.73% |
Credit and surety insurance | 2 685 686 | 4 593 | 3 188 281 | 5 548 | -15.76% | 1.28% |
Others | 4 211 757 | 7 202 | 7 997 382 | 13 915 | -47.34% | 2.02% |
Acceptances | 3 876 210 | 6 628 | 3 212 917 | 5 590 | 20.64% | 1.85% |
| Total non-life | 141 176 132 | 241 411 | 142 849 078 | 248 557 | -1.17% | 67.54% |
| Total life | 67 838 010 | 116 003 | 63 910 026 | 111 203 | 6.15% | 32.46% |
| Grand total | 209 014 141 | 357 414 | 206 759 103 | 359 761 | 1.09% | 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
