Published on Atlas Magazine (https://www.atlas-mag.net)

The insurance industry in Cameroon, 2013 results

Magazine Issue:

The digital revolution [3]

Magazine date:

Jun 2015

The insurance industry in Cameroon: turnover per life and non life class of business 2012-2013

in USD

	2012 turnover	2013 turnover	2013 shares
Non life insurance
Bodily injury and health	56 328 810	62 094 354	18.4%
Motor	68 461 360	83 601 660	24.8%
Fire and other damage to property	33 654 417	36 292 780	10.8%
Marine	48 592 700	50 782 367	15%
General third party liability	8 210 855	7 316 306	2.2%
Credit and bond	60 036	330 222	0.1%
Acceptances	7 269 653	10 731 772	3.2%
Total non life	222 577 831	251 149 461	74.5%
Life insurance
Ordinary life insurance	37 752 785	35 768 602	10.6%
Group life insurance	42 178 722	49 543 734	14.7%
Acceptances	884 202	802 507	0.2%
Total life	80 815 709	86 114 843	25.5%
Grand total	303 393 540	337 264 304	100%

Market shares per class of business in 2013

⁽¹⁾including life reinsurance acceptances

The insurance industry in Cameroon: turnover per non life insurance company 2012-2013

in USD

	2012	2013	2012-2013 evolution	2013 shares
CHANAS Assurances	47 009 763	42 911 095	-8.7%	17.1%
Société Africaine d’Assurances et de Réassurance (SAAR)	29 649 709	38 695 302	30.5%	15.4%
ACTIVA Assurances	28 401 580	31 605 455	11.3%	12.6%
AXA Assurances	22 532 093	25 905 881	15%	10.3%
Allianz Cameroun	19 643 332	20 820 812	6%	8.3%
NSIA	16 159 348	19 180 002	18.7%	7.6%
Garantie Mutuelle des Cadres (GMC)	11 146 460	15 497 882	39%	6.2%
SAHAM Cameroun	15 702 446	13 940 190	-11.2%	5.6%
Zenithe	6 113 803	11 849 442	93.8%	4.7%
Samaritan	5 515 906	5 731 734	3.9%	2.3%
Assurances & Réassurances Africaines	4 425 063	5 370 056	21.4%	2.1%
Assurances Générales du Cameroun	3 534 622	5 088 139	44%	2%
Pro Assur	3 031 479	4 144 120	36.7%	1.7%
Compagnie Professionnelle d’Assurances (CPA)	4 317 747	3 986 946	-7.7%	1.6%
Beneficial General Insurance	2 858 800	3 343 536	17%	1.3%
Cameroon Insurance (CAMINSUR)	2 535 680	3 078 869	21.4%	1.2%
Total	222 577 831	251 149 461	12.8%	100%

The insurance industry in Cameroon: turnover per life insurance company 2012-2013

in USD

	2012	2013	2012-2013 evolution	2013 shares
Allianz Vie	28 545 099	29 085 835	1.9%	33.8%
Beneficial Life Insurance	15 765 062	17 132 877	8.7%	19.9%
L’Union des Assurances du Cameroun-vie (UACam-vie)	16 041 084	13 107 246	-18.3%	15.2%
ACTIVA Vie	10 620 081	12 610 820	18.7%	14.6%
SAHAM Life	4 322 298	7 099 359	64.2%	8.2%
SAAR Vie	5 256 599	6 674 472	27%	7.8%
Pro Assur Vie	265 486	404 234	52.3%	0.5%
Total	80 815 709	86 114 843	6.6%	100%

Exchange rates as at 31/12	2012	2013
Exchange rates as at 31/12	0.002019	0.002098

Fri, 19/06/2015 - 12:56

Source URL: https://www.atlas-mag.net/en/article/cameroon-2013

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