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OGAR Vie, leader of the Gabonese life insurance market

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Magazine Issue: 
Insurers, up against web giants [3]
Magazine date: 
Apr 2021

OGAR VieOGAR Vie maintained its position as the leader of the life insurance market in 2020. The Gabonese insurer achieved a turnover of 10.4 billion FCFA (19.47 million USD) in 2020, which represents a 46% share of the local market.

The companies Sunu Assurances Vie Gabon and NSIA Vie Assurances ranked second and third with 9.2 billion FCFA (17.23 million USD) and 2 billion FCFA (3.74 million USD) of written premiums respectively.

With 22.3 billion FCFA (41.76 million USD) of premiums, the life market witnessed a 6.91% growth in 2020.

Read also | Gabonese insurance market [4]

Wed, 21/04/2021 - 14:19

Source URL: https://www.atlas-mag.net/en/article/ogar-vie-leader-of-the-gabonese-life-insurance-market

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[3] https://www.atlas-mag.net/en/issue/insurers-facing-the-giants-of-the-net
[4] https://www.atlas-mag.net/en/article/gabonese-insurance-market-in-2020