Magazine date:
Jun 2017 The insurance industry in Burundi: turnover per non life insurance company 2014-2015
in USD| 2014 | 2015 | 2014-2015 evolution | 2015 market shares | |
|---|---|---|---|---|
SOCABU Non Vie | 5 431 354 | 5 726 684 | 5.44% | 34.2% |
Jubilee Non Vie | 3 242 589 | 4 160 562 | 28.31% | 24.9% |
BICOR AG | 3 133 093 | 3 194 857 | 1.97% | 19.1% |
SOCAR Non Vie | 2 190 889 | 1 780 416 | -18.74% | 10.6% |
UCAR | 1 759 918 | 1 536 669 | -12.69% | 9.2% |
SOGEAR | 587 974 | 324 140 | -44.87% | 2% |
Total | 16 345 817 | 16 723 328 | 2.31% | 100% |
The insurance industry in Burundi: turnover per life insurance company 2014-2015
in USD| 2014 | 2015 | 2014-2015 evolution | 2015 market shares | |
|---|---|---|---|---|
SOCABU Vie | 4 963 434 | 5 031 277 | 1.37% | 69.2% |
Jubilee Vie | 968 742 | 968 122 | -0.06% | 13.3% |
SOCAR Vie | 525 604 | 645 393 | 22.79% | 8.9% |
BICOR V&C | 678 255 | 625 171 | -7.83% | 8.6% |
Total | 7 136 035 | 7 269 963 | 1.88% | 100% |
The insurance industry in Burundi: turnover per life and non life insurance in 2015
in USD| 2015 | 2015 market shares | |
|---|---|---|
| Non life insurance | ||
Motor | 6 441 079 | 26.8% |
Fire and other damage to property | 3 114 023 | 13% |
Marine | 2 889 767 | 12% |
Bodily injury and health | 2 250 344 | 9.4% |
General third party liability | 1 481 471 | 6.2% |
Other direct non life risks | 546 644 | 2.3% |
Total non life | 16 723 328 | 69.7% |
| Life insurance | ||
Policies in case of death | 1 104 929 | 4.6% |
Endowment insurance | 147 887 | 0.6% |
Savings | 5 635 883 | 23.5% |
Complementary insurance | 381 264 | 1.6% |
Total life | 7 269 963 | 30.3% |
Grand total | 23 993 291 | 100% |
Turnover per class of business in 2015
Source: Insurance regulation and Control agency (ARCA) Exchange rate BIF/USD as at 31/12 | 2014 | 2015 |
0.0006503 | 0.0006501 |
