Magazine date:
Jul 2023 GMC Assurances : contact
Head office: Rue Joss Bonanjo, -Douala, Cameroon | |
Tel: +237 222 21 47 41 | |
E-mail: gmcdirection [at] gmcassurances [dot] com | |
Website: www.gmcassurances.com [4] | |
Class of business: Non-life |
GMC Assurances in 2022
Figures in FCFA
Turnover | 10 471 893 528 |
Assets | 11 444 184 438 |
Share capital | 3 690 610 000 |
Shareholder’s equity | 5 828 131 805 |
Net result | 134 274 358 |
Net loss ratio | 47% |
Net management expenses ratio | 51% |
Net combined ratio | 98% |
GMC Assurances : main indicators
Figures in FCFA
Indicators | 2022 |
Gross written premiums | 10 471 893 528 |
Net written premiums | 9 644 735 186 |
Net earned premiums | 9 276 580 299 |
Net incurred losses | 4 396 576 809 |
Management expenses | 4 907 056 598 |
Net result | 134 274 358 |
GMC Assurances : turnover breakdown per class of business
Figures in FCFA
Class of business | Part 2022 |
Motor | 79% |
Fire | 0% |
Accident et health | 2% |
Engineering | 0% |
Marine | 1% |
Aviation | 0% |
Others (Health and Third party liability) | 18% |
Total | 100% |