Magazine date:
Oct 2006 The insurance market is confirming its 2005 growth with an overall gross premium volume of 251 million USD against 238.4 million USD in 2004, that is a 5.3% increase.
The motor business accounts for 39% of the market shares, followed by the life (17.5%) and fire (15.6%) classes of business.
Made up of 11 local companies and 8 foreign branches, the sector is employing a total staff of 1003 persons, 63% of whom are nationals.