Magazine date:
Mar 2006 Evolution of life and non-life premiums: 2000-2004
in thousands USD| 2000 | 2001 | 2002 | 2003 | 2004 | |
|---|---|---|---|---|---|
Côte d'Ivoire | 158 800 | 148 000 | 181 200 | 220 000 | 254 000 |
Cameroon | 80 800 | 93 700 | 123 500 | 162 000 | 186 700 |
Senegal | 55 000 | 55 800 | 76 500 | 97 000 | 121 000 |
Gabon | 51 000 | 57 900 | 86 200 | 102 000 | 101 000 |
Benin | 16 300 | 21 000 | 26 800 | 34 400 | 38 500 |
Burkina Faso | 17 000 | 17 000 | 22 500 | 30 700 | 36 700 |
Togo | 14 500 | 16 600 | 21 000 | 24 700 | 31 300 |
Mali | 15 500 | 14 400 | 19 600 | 22 800 | 27 800 |
Niger | 10 000 | 9 700 | 12 000 | 16 000 | 18 200 |
Madagascar | NA | NA | NA | 18 700 | 15 000 |
Rwanda | 6 500 | 7 000 | 10 700 | 7 000 | 14 000 |
Chad | 5 000 | 5 800 | 8 100 | 10 500 | 11 500 |
Guinea | 6 600 | 7 600 | 11 800 | 7 400 | 9 300 |
Central African Republic | 3 000 | 2 600 | 2 800 | 2 800 | 3 000 |
Republic of Congo | 9 000 | 10 700 | 13 900 | 42 000 | NA |
Burundi | NA | 3 200 | 4 400 | 6 000 | NA |
Total | 449 000 | 471 000 | 621 000 | 804 000 | 868 000 |
Distribution of life and non life premiums by country in 2004
* Central African Republic, Guinea Conakry, Madagascar, Mali, Niger, Rwanda, Chad FANAF: Distribution by classes of business in 2004
| Life | Non life | |
 |  |
Loss ratio for life insurance: 2000-2004
| 2000 | 2001 | 2002 | 2003 | 2004 | |
|---|---|---|---|---|---|
Côte d'Ivoire | 77% | 81% | 87% | 85% | 82% |
Cameroon | 55% | 55% | 58% | 21% | 77% |
Senegal | 62% | 64% | 66% | 76% | 74% |
Gabon | 94% | 105% | 90% | 66% | 120% |
Benin | 65% | 70% | 73% | 67% | 71% |
Burkina Faso | 82% | 64% | 46% | 72% | 64% |
Togo | 69% | 44% | 60% | 50% | 76% |
Mali | 29% | 40% | 25% | 54% | 58% |
Niger | 60% | 33% | 65% | 69% | 60% |
Madagascar | NA | NA | NA | 180% | 175% |
Rwanda | 76% | 45% | 55% | 83% | 71% |
Chad | 13% | 78% | 147% | 337% | 190% |
Guinea | NA | NA | 83% | 78% | 74% |
Central African Republic | 107% | 115% | 123% | 152% | 150% |
Republic of Congo | 2% | 42% | 37% | 26% | NA |
Burundi | NA | NA | NA | NA | NA |
Average | 71% | 74% | 76% | 71% | 82% |
Loss ratio for non life insurance: 2000-2004
| 2000 | 2001 | 2002 | 2003 | 2004 | |
|---|---|---|---|---|---|
Côte d'Ivoire | 74% | 79% | 48% | 42% | 42% |
Cameroon | 115% | 50% | 30% | 36% | 30% |
Senegal | 46% | 52% | 47% | 44% | 38% |
Gabon | 65% | 56% | 42% | 24% | 28% |
Benin | 62% | 41% | 48% | 56% | 60% |
Burkina Faso | 50% | 33% | 31% | 33% | 48% |
Togo | 191% | 97% | 43% | 47% | 51% |
Mali | 28% | 25% | 37% | 47% | 52% |
Niger | 51% | 43% | 39% | 43% | 46% |
Madagascar | NA | NA | NA | 40% | 52% |
Rwanda | 35% | 47% | 67% | 86% | 38% |
Chad | 46% | 30% | 34% | 60% | 43% |
Guinea | NA | NA | 37% | 36% | 37% |
Central African Republic | 44% | 105% | 44% | 23% | 36% |
Republic of Congo | 2% | 31% | 27% | 2% | NA |
Burundi | NA | NA | NA | NA | NA |
Average | 73% | 58% | 41% | 37% | 39% |
Exchange rate USD/XOF as at 31/12 | 2000 | 2001 | 2002 | 2003 | 2004 |
696 | 740 | 625 | 522 | 481 |
Source: FANAF - Insurance market in Africa: 2000-2004 figures
