Insurance Industry in Chad,
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Synopsis
The
report provides in-depth industry analysis, information and insights of the
insurance industry in Chad, including:
The
Chadian insurance industry's growth prospects by insurance segments and
categories
The
competitive landscape in the Chadian insurance industry
The
current trends and drivers of the Chadian insurance industry
Challenges
facing the Chadian insurance industry
The
regulatory framework of the Chadian insurance industry
Summary
The
Chadian insurance industry is small, with just two companies serving a
population of 11.2 million in 2013, and less developed than in other
Sub-Saharan countries such as Cameroon and Côte d'Ivoire. However, the Chadian
insurance industry grew from XAF8.73 billion (US$18.5 million) in 2009 to
XAF9.58 billion (US$19.4 million) in 2013, at a review-period (2009-2013) CAGR of
2.3%. This was partially due to the strong performance of the personal accident
and health segment, and the strength of the Chadian economy.
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Scope
This
report provides a comprehensive analysis of the insurance industry in Chad:
It
provides historical values for the Chadian insurance industry for the report's
2009-2013 review period and forecast figures for the 2013-2018 forecast period.
It
offers a detailed analysis of the key segments and categories in the Chadian
insurance industry, along with forecasts until 2018.
It
covers an exhaustive list of parameters, including written premium, incurred
loss, loss ratio, commissions and expenses, combined ratio, total assets, total
investment income and retentions.
It
profiles the top insurance companies in Chad, and outlines the key regulations
affecting them.
Reasons To Buy
Make
strategic business decisions using in-depth historic and forecast industry data
related to the Chadian insurance industry and each segment within it.
Understand
the demand-side dynamics, key trends and growth opportunities within the
Chadian insurance industry.
Assess
the competitive dynamics in the Chadian insurance industry.
Identify
the growth opportunities and market dynamics within key segments.
Gain
insights into key regulations governing the Chadian insurance industry and its
impact on companies and the industry's future.
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Key Highlights
The
Chadian insurance industry grew from XAF8.73 billion (US$18.5 million) in 2009
to XAF9.58 billion (US$19.4 million) in 2013, at a CAGR of 2.3%.
Non-life
insurance was the largest segment in the industry, accounting for 68.8% of the
total gross written premium in 2013.
Favorable
regulation supports overall insurance industry growth.
High
levels of poverty discourages insurance sales.
The
Chadian insurance industry is regulated by the DFEO, under the Ministry of
Finance.
The
Chadian insurance industry is oligopolistic in nature, and more concentrated
than other countries in the Sub-Saharan region. Only two insurance companies,
National Star SA and Société Africaine d'Assurance et de Reassurance (SAFAR),
operate.
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Table of Contents
1 Executive Summary
2 Introduction
2.1 What is this Report About?
2.2 Definitions
2.3 Methodology
2.1 What is this Report About?
2.2 Definitions
2.3 Methodology
3 Chadian Insurance Industry Overview
3.1 The Chadian Insurance Industry
3.2 Key Industry Trends and Drivers
3.3 Challenges
3.4 Regulation
3.1 The Chadian Insurance Industry
3.2 Key Industry Trends and Drivers
3.3 Challenges
3.4 Regulation
4 Industry Segmentation
4.1 Life Insurance
4.1.1 Individual marriage and birth insurance
4.1 Life Insurance
4.1.1 Individual marriage and birth insurance
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