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African insurance market: turnover evolution by country

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Magazine Issue: 
Ping An, symbol of a changing world [3]
Magazine date: 
May 2023

Insurance market in sub-Saharan Africa

Figures in millions USD

Country200220062010201420182019202020212002/2021 evolution
South Africa19 57540 74348 57550 50249 00246 42141 11051 215162%
Kenya3695759981 7662 0982 2292 1202 424557%
Nigeria3887121 3401 7921 1681 3931 2131 581307%
Namibia3215638879951 0261 305788867170%
Côte d'Ivoire177288398457629671778806355%
Ghana (1)-165306385605610669789862%
Mauritius207318508779627516533523153%
Angola1296808281 055450374338494283%
Other countries1 2782 0193 04512 38513 76913 76314 33215 4911112%
Total22 44446 06356 88570 11669 37467 28261 88174 190230%

Insurance market in North Africa: evolution of premiums

Figures in millions USD

Country200220062010201420182019202020212002/2021 evolution
Morocco1 0951 6752 5993 1564 3234 6285 0365 330387%
Egypt5218611 7201 9211 6482 0992 4723 021480%
Algeria3646251 0931 4221 1531 2081 0371 038185%
Tunisia379650775837748862949983159%
Total2 3593 8116 1877 3367 8728 7979 49410 372340%

Read also | Insurance companies in Africa [4]

africa
Wed, 17/05/2023 - 14:51

Source URL: https://www.atlas-mag.net/en/article/african-insurance-market-analysis-turnover-in-2019-per-country

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[3] https://www.atlas-mag.net/en/issue/atlas-magazine-n-201-may-2023
[4] https://www.atlas-mag.net/en/article/top-100-insurance-companies-in-africa