Magazine date:
Apr 2007 
The Congo Brazzaville insurance industry features
- Regulatory authority: Ministry of Economy and Finance
- Premiums (2005): 31 055 853 USD
- Insurance density (2005): 8.39 USD
- Penetration rate (2005): 0.56%
The Congo Brazzaville insurance market structure in 2005
- Insurance companies: 2
- Brokers: 8
Identity
- Area: 342 000 Km2
- Population (2006): 3 702 314 inhabitants
- GDP (2006): 5.093 billion USD
- GDP per capita (2006): 1 300 USD
- GDP growth rate (2006): 6%
- Inflation rate (2006): 2.6%
- Main economic sectors: agriculture, oil, wood, potasse, uranium
Major cities
(in number of inhabitants)
- Brazzaville (capital): 900 000
- Pointe Noire : 600 000
- Dolisie: 94 700
The Congo Brazzaville insurance industry: Turnover evolution 2001-2005
in millions USD| Written premiums | 2001 | 2002 | 2003 | 2004 | 2005 | 2004/2005 growth rate |
|---|---|---|---|---|---|---|
Non life | 10.2 | 13.1 | 40.2 | 28.4 | 30.9 | 8.72% |
Life | 0.039 | 0.055 | 0.117 | 0.129 | 0.118 | |
Total | 10.239 | 13.155 | 40.317 | 28.529 | 31.018 |
The Congo Brazzaville insurance industry: Premiums split by class of business* 2004-2005
in USD| Classes | 2004 | Share (%) | 2005 | Share (%) |
|---|---|---|---|---|
| Non life | ||||
Motor | 10 005 988 | 27.34 | 9 057 658 | 29.17 |
Accidents & health | 2 678 642 | 7.32 | 2 160 360 | 6.96 |
Fire | 1 536 926 | 4.20 | 2 167 567 | 6.97 |
GTPL | 1 051 896 | 2.87 | 866 666 | 2.79 |
Marine | 2 025 948 | 5.54 | 2 093 693 | 6.75 |
Miscellaneous | 11 161 676 | 52.37 | 14 554 054 | 46.98 |
Sub total | 28 461 076 | 99.64 | 30 899 998 | 99.62 |
| Life | ||||
Sub total | 129 740 | 0.36 | 118 919 | 0.38 |
Grand total | 28 590 816 | 100% | 31 018 917 | 100% |
Exchange rate USD/XAF as at 31/12 | 2001 | 2002 | 2003 | 2004 | 2005 |
775 | 654 | 546 | 501 | 555 |