Magazine date:
Mar 2020 Ranking of non-life insurance companies in Cameroon
Figures in thousands| Rank 2019 | Non-life companies | 2019 turnover | 2018 turnover | 2018-2019 evolution* | 2019 shares | ||
|---|---|---|---|---|---|---|---|
| FCFA | USD | FCFA | USD | ||||
| 1 | AXA Assurance | 20 774 176 | 35 524 | 20 480 769 | 35 637 | 1.43% | 14.72% |
| 2 | Activa Assurance | 17 396 249 | 29 748 | 18 705 007 | 32 547 | -7.00% | 12.32% |
| 3 | SAAR Assurances | 17 251 844 | 29 501 | 18 650 196 | 32 451 | -7.50% | 12.22% |
| 4 | Allianz Cameroun | 14 917 852 | 25 510 | 14 483 151 | 25 201 | 3.00% | 10.57% |
| 5 | Chanas Assurances | 12 188 371 | 20 842 | 11 644 872 | 20 262 | 4.67% | 8.63% |
| 6 | NSIA Cameroun | 10 255 171 | 17 536 | 8 803 157 | 15 317 | 16.49% | 7.26% |
| 7 | Garantie Mutuelle des Cadres - GMC | 9 265 545 | 15 844 | 9 040 304 | 15 730 | 2.49% | 6.56% |
| 8 | SAHAM Cameroun | 9 015 102 | 15 416 | 10 478 664 | 18 233 | -13.97% | 6.39% |
| 9 | Zenithe Insurance | 5 678 899 | 9 711 | 8 928 648 | 15 536 | -36.40% | 4.02% |
| 10 | Area Assurances | 4 536 152 | 7 757 | 5 172 368 | 9 000 | -12.30% | 3.21% |
| 11 | Assurances Générales du Cameroun - AGC | 3 828 630 | 6 547 | 4 008 377 | 6 975 | -4.48% | 2.71% |
| 12 | SUNU Assurances | 3 253 059 | 5 563 | 1 853 795 | 3 226 | 75.48% | 2.31% |
| 13 | Prudential Beneficial General Insurance | 3 021 228 | 5 166 | 3 280 755 | 5 709 | -7.91% | 2.14% |
| 14 | PRO ASSUR Assurances | 2 997 597 | 5 126 | 3 558 658 | 6 192 | -15.77% | 2.12% |
| 15 | Atlantique Assurance | 2 951 588 | 5 047 | 1 357 296 | 2 362 | 117.46% | 2.09% |
| 16 | Compagnie Professionnelle d'Assurance - CPA | 2 208 411 | 3 776 | 2 403 060 | 4 181 | -8.10% | 1.57% |
| 17 | Royal Onyx Insurance | 1 636 259 | 2 798 | - | - | - | 1.16% |
| Total non-life | 141 176 132 | 241 411 | 142 849 078 | 248 557 | -1.17% | 100% | |
* Evolution in FCFA
Read also | Cameroonian insurance market [4]
Ranking of life insurance companies in Cameroon
Figures in thousands| Rank 2019 | Life companies | 2019 turnover | 2018 turnover | 2018-2019 evolution* | 2019 shares | ||
|---|---|---|---|---|---|---|---|
| FCFA | USD | FCFA | USD | ||||
| 1 | Allianz Vie | 19 933 644 | 34 087 | 19 603 710 | 34 110 | 1.68% | 29.38% |
| 2 | Prudential Beneficial Life | 13 619 106 | 23 289 | 12 830 101 | 22 324 | 6.15% | 20.08% |
| 3 | SUNU Assurances Vie | 10 787 685 | 18 447 | 9 082 870 | 15 804 | 18.77% | 15.90% |
| 4 | ACTIVA Vie | 8 344 319 | 14 269 | 8 099 579 | 14 093 | 3.02% | 12.30% |
| 5 | SAAR Vie | 4 514 986 | 7 721 | 4 354 005 | 7 576 | 3.70% | 6.66% |
| 6 | WAFA ASSURANCE Vie | 4 308 818 | 7 368 | 4 155 159 | 7 230 | 3.70% | 6.35% |
| 7 | SAHAM Life | 3 319 963 | 5 677 | 3 647 187 | 6 346 | -8.97% | 4.89% |
| 8 | NSIA Vie | 1 509 761 | 2 582 | 1 572 877 | 2 737 | -4.01% | 2.23% |
| 9 | ACAM Vie | 1 159 421 | 1 983 | 207 887 | 362 | 457.72% | 1.71% |
| 10 | PRO ASSUR Vie | 340 306 | 582 | 356 650 | 621 | -4.58% | 0.50% |
| Total life | 67 838 010 | 116 003 | 63 910 026 | 111 203 | 6.15% | 100% | |
* Evolution in FCFA
Exchange rate as at 31/12/2019 : 1 FCFA = 0.00171 USD ; as at 31/12/2018 : 1 FCFA = 0.00174 USD
