The Cameroonian insurance industry's growth prospects by segment and category
Key trends, drivers and challenges in the Cameroonian insurance industry
Details of the competitive landscape in the Cameroonian insurance industry
Details of regulatory policy applicable to the Cameroonian insurance industry
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Executive summary
Timetric’s 'The Insurance Industry in Cameroon, Key Trends and Opportunities to 2019' report provides detailed analysis of the market trends, drivers and challenges in the Cameroonian insurance industry. It provides key performance indicators such as written premium, incurred loss, loss ratio, combined ratio, total assets, total investment income and retentions during the review period (2010–2014) and forecast period (2014–2019). The report also analyzes detailed information on the competitive landscape in the country.
The report brings together Timetric’s research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulations, and recent changes in regulatory structure.
Scope
This report provides a comprehensive analysis of the insurance industry in Cameroon:
It provides historical values for the Cameroonian insurance industry for the report’s 2010–2014 review period, and projected figures for the 2014–2019 forecast period.
It offers a detailed analysis of the key segments in the Cameroonian insurance industry, along with market forecasts until 2019.
It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, combined ratio, total assets, total investment income and retentions.
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It profiles the top insurance companies in Cameroon and outlines the key regulations affecting them.
Reasons to buy
Make strategic business decisions using in-depth historic and forecast market data related to the Cameroonian insurance industry and each segment and category within it.
Understand the demand-side dynamics, key market trends and growth opportunities in the Cameroonian insurance industry.
Assess the competitive dynamics in the Cameroonian insurance industry.
Identify growth opportunities and market dynamics in key segments.
Gain insights into key regulations governing the Cameroonian insurance industry, and their impact on companies and the industry's future.
Key highlights
The Cameroonian insurance industry grew at a review-period CAGR of 7.3% in terms of gross written premium.
Cameroon’s insurance industry is supervised by the Ministry of Finance (MoF).
A total of 21 insurers were authorized to conduct insurance business as of 2014.
The non-life segment accounted for 54.8% of the industry’s gross written premium in 2014.
Motor insurance was the largest category in the segment during the review period, in terms of gross written premium.
Positive economic growth is forecast to encourage insurance sales.
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