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Evolution of insurance premiums Worldwide, Africa and FANAF zone (2015-2024)
March 16, 2026
Global insurance market: evolution of life and non-life premiums
Figures in millions USD
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| Year | Life premiums | Evolution | Primes non vie | Evolution | Total premiums | Evolution | |
| WORLDWIDE | 2024 | 3 199 000 | 10.70% | 4 600 000 | 7% | 7 799 000 | 8.50% |
| 2023 | 2 888 998 | 3.90% | 4 297 176 | 7.60% | 7 186 174 | 6.10% | |
| 2022 | 2 780 409 | -5.40% | 3 992 344 | 4.40% | 6 772 753 | 0.10% | |
| 2021 | 2 940 266 | 7.80% | 3 824 428 | 7.30% | 6 764 694 | 7.50% | |
| 2020 | 2 727 176 | -5.60% | 3 564 658 | 5% | 6 291 834 | 0.10% | |
| 2019 | 2 888 248 | 0.20% | 3 396 112 | 4% | 6 284 360 | 2.20% | |
| 2018 | 2 882 179 | 5.80% | 3 266 841 | 46.30% | 6 149 020 | 24% | |
| 2017 | 2 724 017 | 5.50% | 2 233 490 | 5.30% | 4 957 507 | 5.40% | |
| 2016 | 2 581 972 | 1.40% | 2 120 869 | 3.40% | 4 702 841 | 2.30% | |
| 2015 | 2 546 941 | -4.10% | 2 050 739 | -2.30% | 4 597 680 | -3.30% | |
| Average (1) | 2.60% | 9.40% | 6% | ||||
African insurance market: evolution of life and non-life premiums
Figures in millions USD
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| Year | Life premiums | Evolution | Primes non vie | Evolution | Total premiums | Evolution | |
| AFRICA | 2024 | 46 000 | 7% | 27 000 | 31.10% | 73 000 | 14.80% |
| 2023 | 42 975 | -5.70% | 20 588 | -5.40% | 63 563 | -5.60% | |
| 2022 | 45 560 | -9.60% | 21 757 | -5% | 67 317 | -8.20% | |
| 2021 | 50 393 | 20.50% | 22 899 | 14.20% | 73 292 | 18.40% | |
| 2020 | 41 829 | -8.90% | 20 052 | -6.20% | 61 881 | -8% | |
| 2019 | 45 911 | -2.60% | 21 371 | -3.90% | 67 282 | -3% | |
| 2018 | 47 127 | 8.30% | 22 247 | 2.70% | 69 374 | 6.50% | |
| 2017 | 43 503 | 10.20% | 21 662 | 8.60% | 65 165 | 9.70% | |
| 2016 | 39 465 | -8.20% | 19 943 | -4.80% | 59 408 | -7.10% | |
| 2015 | 42 987 | -9.70% | 20 955 | -6.90% | 63 942 | -8.80% | |
| Average (1) | 0.80% | 2.90% | 1.50% | ||||
FANAF insurance market: evolution of life and non-life premiums
Figures in millions USD
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| Year | Life premiums | Evolution | Primes non vie | Evolution | Total premiums | Evolution | |
| FANAF | 2024 | 1 153 | 2.10% | 1 921 | -3% | 3 074 | -1.20% |
| 2023 | 1 129 | 13.70% | 1 980 | 16.30% | 3 110 | 15.40% | |
| 2022 | 993 | 4.40% | 1 702 | 4.80% | 2 695 | 4.70% | |
| 2021 | 951 | 5.10% | 1 624 | 1.20% | 2 575 | 2.60% | |
| 2020 | 905 | 19.20% | 1 604 | 14.10% | 2 509 | 15.90% | |
| 2019 | 759 | 3.30% | 1 406 | -7.60% | 2 165 | -4.10% | |
| 2018 | 735 | 1.70% | 1 522 | 0% | 2 257 | 0.50% | |
| 2017 | 723 | 27.10% | 1 522 | 16.30% | 2 245 | 19.50% | |
| 2016 | 569 | 9.20% | 1 309 | -4.70% | 1 878 | -0.90% | |
| 2015 | 521 | -1.50% | 1 374 | 1.50% | 1 895 | 0.60% | |
| Average (1) | 9.20% | 3.80% | 5.50% | ||||
(1) Average annual evolution over 10 years
31/12/2024 : XAF = 0.00159 USD
31/12/2023 : XAF = 0.00168 USD
Source: FANAF 2026
