Supplement Fanaf 2009 Ang 1

Atlas Conseil International
Atlas Magazine
Insurance news from Africa and the Middle East
Supplement
10 years of FANAF
URE
G
I
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al
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p
9
S
200
1
Survey elaborated by ACI: 35th General Assembly of the Fdration

des
Socits| Insurance
dAssurances
de Droit
Africaines
Atlas
Magazine
news from
AfricaNational
and the Middle
East
The member countries of the FANAF
a presence in 25 countries
2% of the African market premium (16 countries involved in this
survey)
l
153 companies (37 life insurance companies, 101 non life com-
panies, 13 reinsurance companies, 2 garantee funds)
member countries of the FANAF

countries involved in the survey
an insurance penetration rate of 0.93%
an insurance density of 2 168 FCFA
an overall premiumsvolume worth 673 053 000 000 FCFA(1)
a premiums growth rate of 6.6%
a non life premiums volume of 499 081 900 000 FCFA(1)
a life premiums volume of 173 971 100 000 FCFA(1)
a non life loss ratio of 45%
a non life loading rate of 40%
a non life combined ratio of 85%
a net result of 21 675 622 000 FCFA
(1) including acceptances
Atlas Magazine | Insurance news from Africa and the Middle East
Life and non life turnover of the FANAF: 2000-2009
Life and non life turnover per country (excluding acceptances)

Figures in millions of FCFA
2000
2001
2002
2003
2004
2005
2006
110655
108494
113001
114809
121545
129531
Cameroon
56315
69328
77131
84138
89222
93202
Senegal
38420
41128
47309
50126
58238
Gabon
35542
42809
53780
53086
48250
Cte d'Ivoire
Congo Brazzaville
Average annual
growth
2007
2008
2009
137535
148975
167320
172016
5.0%
94658
106909
109928
115468
8.3%
61205
64183
70944
78499
79508
8.4%
49863
55784
63395
67416
74134
8.5%
21.1%
6374
7945
8661
22044
14331
17250
22069
26099
26349
35689
Benin
11375
15519
16617
17947
18423
19994
22140
25113
29390
30658
11.6%
Burkina Faso
11975
12490
14000
15905
17459
19424
20062
25013
25936
29304
10.5%
Rwanda
4584
5177
6681
3727
8837
8871
19831
24751
24751
24751
20.6%
Togo
10148
12165
13124
12836
14976
15061
16338
18854
21317
24008
10.0%
Mali
10837
10568
12165
11845
13188
14847
16199
17479
20433
20518
7.4%
6981
7179
7448
8221
8611
10484
11847
13271
14352
16950
10.4%
NA
NA
NA
9801
12893
15238
15238
15839
15914
15914
8.4%
3459
4291
5047
5457
5462
5417
5290
6944
6232
8641
10.7%
NA
2406
2779
3157
2904
4605
5215
5215
5495
6126
12.4%
4660
5673
7358
3886
4484
4484
4536
4529
5374
5374
1.6%
Niger
Madagascar
(1)
Chad
Burundi
(2)
Guinea
Central African Republic
Total
2122
1936
1646
1490
1467
1756
1893
2373
2814
2997
3.9%
313447
347108
386747
418475
440290
471232
512818
575703
621520
662056
8.7%
(1) average annual growth between 2003 and 2009

The top premiums growth rates: 2000-2009
Premiums growth rates of the first four

markets of the FANAF 2000-2009
21.1%
20.6%
8.3%
8.4%
8.5%
Senegal
Gabon
11.6%
5%
Rwanda
Congo
Brazzaville
Benin
Cte dIvoire Cameroon
Life and non life loss experience and operating costs of the FANAF: 2000-2009
Ooperating costs per country (excluding acceptances)

2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
Average annual
growth
Cte d'Ivoire
45632
48553
47437
51652
47706
50113
64537
56030
61325
61772
Cameroon
19246
21738
24364
24540
30533
34609
33048
37899
42719
44578
9.8%
Senegal
13425
14262
16907
17824
21602
21745
23937
30016
27333
38675
12.5%
Gabon
13051
14119
15152
16390
15813
15609
19264
22231
24203
24657
7.3%
Benin
4093
5056
5933
6385
6180
8217
9851
10660
12023
12176
12.9%
Burkina Faso
4562
5298
5507
4396
4867
5643
7686
9108
11597
11209
10.5%
Togo
3855
4395
4778
4906
5544
5892
8156
6617
8162
9008
9.9%
Mali
4723
4325
5292
5133
5628
5927
7543
6652
7687
8971
7.4%
Rwanda
1720
1455
1249
2732
2919
3009
6650
7934
7934
7934
18.5%
41.8%
Congo Brazzaville
3.4%
284
893
6664
7812
7562
6256
6586
6586
6586
6586
Niger
3185
3293
3253
3540
3627
3767
3956
4297
4964
5710
6.7%
Chad
1445
1579
1856
2362
1941
1757
2415
2686
2815
4692
14.0%
NA
NA
NA
2607
2819
2819
2819
2819
2819
2819
1.3%
NA
NA
2486
2227
2230
2230
2031
2211
2433
2433
-0.3%
1118
1135
991
929
896
991
979
1173
1301
1517
3.4%
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
116339
126101
141869
153435
159867
168584
199458
206919
223901
242737
8.1%
Madagascar
(1)
Guinea (2)
Burundi
Total

Life and non life loss experience and operating costs of the FANAF: 2000-2009
Life and non life loss experience per country (excluding acceptances)
2000
2001
2002
2003
2004
2005
2006
2007
2008
Average annual
growth
2009
Cte d'Ivoire
82414
88085
69469
63767
68694
65941
72095
91143
97004
107863
3.0%
Cameroon
58125
34207
25384
28106
33689
36401
41331
44160
47775
58004
-0.02%
Senegal
18698
21694
23070
23618
25486
33048
30764
37160
37930
42415
9.5%
Gabon
24322
27072
25075
14955
23260
18147
19460
24032
25828
38874
5.3%
Benin
7161
7102
8417
10513
11511
9039
9326
12286
14376
15438
8.9%
Burkina Faso
6565
4344
4498
6106
8798
6420
8367
12572
10854
13298
8.2%
Rwanda
1732
2408
4242
3161
3373
3879
10134
11078
11078
11078
22.9%
16990
10612
6170
6137
7259
7312
7826
6837
7450
9268
-6.5%
NA
NA
NA
5459
4938
4938
4938
5973
8830
8830
8.3%
Mali
3010
2775
4185
5447
6982
6288
6408
6322
7548
7331
10.4%
Niger
3575
3027
3062
3720
3298
4722
4784
5892
6245
6892
7.6%
121
2500
2324
711
711
2328
3771
3617
4338
6325
55.2%
Togo
Madagascar
(1)
Congo Brazzaville
Chad
1551
1361
1888
3709
2712
2498
1922
3166
2072
2867
7.1%
Guinea
1605
2740
2953
1532
1782
1782
1782
2369
1835
1835
1.5%
995
1868
807
298
832
717
902
1146
964
1028
0.4%
Burundi
Total
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
226864
209795
181544
177239
203325
203460
223810
267753
284127
331346
4.3%
Average growth rates of premiums, operating

costs and loss experience of the first four
markets of the FANAF
Premiums, loss experience and operating

costs of the first four markets of the FANAF
12.5%
172
9.8%
8.3%
108
115
62
58
Cameroon
Senegal
7.3%
3% 3.4%
74
42 39
8.5%
5.3%
5%
79
45
Cte dIvoire
9.5%
8.4%
39
-0.02%
25
Cte dIvoire
Gabon
Written premiums
Incurred losses
Cameroon
Senegal
Gabon
Operating costs
Non life turnover of the FANAF: 2000-2009
Non life written premiums per country (excluding acceptances)

2000
Cte d'Ivoire
77338
2001
73424
2002
2003
75195
76457
2004
76722
2005
78818
2006
82146
2007
88663
2008
2009
100612
100968
Average annual
growth
3.0%
Cameroon
45587
58265
65517
70949
74608
77329
76318
84636
84706
87282
7.5%
Senegal
32126
34669
40763
43141
49461
50625
52130
57635
57849
63131
7.8%
Gabon
31308
37057
48416
47372
42563
43880
48081
54360
57111
62029
7.9%
Congo Brazzaville
6344
7915
8625
21980
14266
17171
21998
25846
25846
34180
20.6%
Benin
9204
12980
14189
15367
15743
16044
17435
19188
21610
22503
10.4%
10078
10197
11381
12898
13733
14914
15054
16668
17415
20440
8.2%
Mali
Burkina Faso
9851
9441
10781
10490
11819
13393
14437
15224
17921
17978
6.9%
Rwanda
4306
4256
4816
2357
5672
5482
12787
16412
16412
16412
16.0%
Togo
8204
9634
10479
10001
11918
11818
12913
14666
14731
15924
7.6%
Niger
6563
6708
6913
7723
7843
9541
10715
11475
12072
14168
8.9%
NA
NA
NA
8718
10541
13273
13273
13875
13949
13949
8.1%
Madagascar
(1)
Chad
3368
4188
4919
5311
5226
5215
5060
6595
5807
7906
9.9%
Guinea
4182
5208
6840
3549
4118
4118
3409
4391
5222
5222
2.5%
Burundi
(2)
Total
NA
2285
2648
3017
2559
4000
4312
4312
4284
4821
9.8%
2040
1866
1581
1438
1417
1709
1843
2328
2754
2956
4.2%
250499
278093
313063
340768
348209
367330
391911
436274
458301
489869
7.7%

Non life turnover of the FANAF: 2000-2009
Market shares of the main countries of the FANAF

In 2009
In 2008
Others
20.3%
Burkina Faso
3.8%
Congo Brazzaville
5.6%
Cte
dIvoire
22%
Cameroon
18.5%
Benin
4.7%
Gabon
12.5%
Burkina Faso
4.2%
Congo Brazzaville
7%
Benin
4.6%
Senegal
12.6%
Top premiums growth rates: 2000-2009
Cameroon
17.8%
Gabon
12.7%
8.3%
10.4%
Senegal
12.9%

markets of the FANAF 2000-2009
20.6%
16%
Cte
dIvoire
20.6%
Others
20.2%
8.4%
7.5%
7.8%
8.5%
7.9%
5%
3%
Rwanda
Congo
Brazzaville
Benin
Cte dIvoire
Cameroon
Total market
Senegal
Gabon
Non life market
Loss experience and operating costs of the FANAF non life markets: 2000-2009
Loss ratio per country
2000
Congo Brazzaville
Guinea
2.0%
2001
2002
2003
2004
2005
2006
2007
2008
2009
Annual average
31.0%
29.0%
3.0%
5.0%
15.0%
19.0%
15.0%
17.0%
18.0%
16.0%
NA
NA
38.0%
29.0%
34.0%
34.0%
44.0%
46.0%
30.0%
30.0%
34.0%
Mali
28.0%
12.4%
38.0%
43.0%
55.0%
41.0%
35.0%
35.0%
35.0%
32.0%
35.0%
44.0%
95.0%
47.0%
15.0%
51.0%
43.0%
46.0%
45.0%
34.0%
34.0%
44.5%
Chad
46.0%
30.0%
37.0%
67.0%
44.0%
39.0%
32.0%
38.0%
36.0%
36.0%
37.5%
Burkina Faso
50.0%
33.0%
32.0%
33.0%
57.0%
25.0%
32.0%
38.0%
23.0%
37.0%
33.0%
(1)
Niger
51.0%
43.0%
40.0%
45.0%
37.0%
45.0%
41.0%
43.0%
38.0%
37.0%
42.0%
115.0%
48.0%
28.0%
39.0%
32.0%
32.0%
36.0%
35.0%
36.0%
42.0%
36.0%
Benin
62.0%
41.0%
47.0%
57.0%
59.0%
39.0%
38.0%
43.0%
41.0%
44.0%
43.5%
Senegal
46.0%
52.0%
47.0%
43.0%
41.0%
51.0%
47.0%
50.0%
40.0%
47.0%
47.0%
Cte d'Ivoire
74.0%
79.0%
48.0%
44.0%
42.0%
36.0%
35.0%
47.0%
43.0%
50.0%
45.5%
191.0%
97.0%
49.0%
45.0%
46.0%
47.0%
43.0%
51.0%
45.0%
50.0%
48.0%
65.0%
14.4%
42.0%
24.0%
41.0%
33.0%
30.0%
35.0%
35.0%
51.0%
35.0%
NA
NA
NA
40.0%
52.0%
NA
NA
34.0%
53.0%
53.0%
NA
Rwanda
35.0%
47.0%
67.0%
86.0%
38.0%
73.0%
60.0%
63.0%
63.0%
63.0%
63.0%
Burundi
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
50.0%
43.0%
41.0%
43.0%
42.0%
39.0%
37.0%
43.0%
36.0%
42.0%
Cameroon
Togo
Gabon
Madagascar
(2)
FANAF median
(1) annual average between 2002 and 2009

Loss ratio = incurred losses / earned premiums
Loading rate per country
2000
Madagascar
(1)
Congo Brazzaville
2001
2002
NA
NA
NA
2003
2004
28.1%
25.1%
2005
19.9%
2006
19.9%
2007
19.0%
2008
18.9%
2009
Annual average
18.9%
19.9%
4.5%
11.1%
76.9%
35.3%
41.8%
36.1%
29.7%
25.3%
25.3%
19.1%
27.5%
Niger
45.1%
44.8%
43.3%
42.8%
8.4%
36.5%
33.8%
33.7%
36.6%
34.0%
36.6%
Chad
41.8%
36.8%
36.5%
42.7%
36.6%
31.9%
45.1%
38.0%
43.6%
35.5%
37.4%
Togo
38.3%
37.7%
37.2%
38.5%
38.8%
41.4%
53.4%
33.9%
35.7%
36.0%
38.0%
Rwanda
40.0%
34.2%
26.0%
99.5%
43.2%
40.5%
40.7%
36.1%
36.1%
36.1%
38.1%
Gabon
38.2%
35.1%
28.9%
32.0%
33.7%
31.7%
35.7%
36.0%
37.4%
36.2%
35.4%
Cameroon
34.2%
30.7%
30.7%
30.6%
33.8%
37.0%
36.3%
36.4%
42.3%
42.3%
35.3%
Burkina Faso
39.7%
45.3%
40.7%
29.0%
30.1%
31.5%
41.9%
43.6%
54.4%
42.8%
41.3%
Benin
35.2%
32.5%
36.1%
36.1%
34.3%
44.0%
46.2%
44.8%
46.5%
43.2%
39.7%
Cte d'Ivoire
45.2%
51.7%
48.7%
52.9%
45.0%
46.3%
60.4%
45.7%
44.0%
43.6%
46.0%
Guinea
NA
NA
33.9%
59.2%
50.9%
50.9%
58.0%
47.2%
43.9%
43.9%
49.1%
Mali
45.0%
42.0%
44.5%
43.8%
42.7%
39.4%
47.7%
39.1%
38.6%
45.3%
43.3%
53.1%
59.1%
60.8%
62.5%
61.2%
56.6%
51.7%
49.4%
46.3%
50.5%
54.9%
Senegal
36.3%
35.7%
36.9%
36.6%
39.2%
37.9%
40.3%
45.4%
40.0%
54.5%
38.6%
Burundi
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
39.7%
36.8%
37.1%
38.5%
38.8%
37.9%
41.9%
38.0%
40.0%
42.3%
(2)
FANAF median

commissions + overhead expenses
Loading rate =
written premiums
(in %)
Non life combined ratio per country
2000
Congo Brazzaville
2001
2002
2003
6.5%
42.1%
105.9%
Niger
96.1%
87.8%
Chad
87.8%
66.8%
NA
NA
NA
NA
73.0%
54.4%
Madagascar
Guinea
(1)
(2)
Mali
Burkina Faso
2004
2005
2006
2007
2008
2009
Annual average
38.3%
46.8%
51.1%
48.7%
40.3%
42.3%
37.1%
42.2%
83.3%
87.8%
45.4%
81.5%
74.8%
76.7%
74.6%
71.0%
79.1%
73.5%
109.7%
80.6%
70.9%
77.1%
76.0%
79.6%
71.5%
76.6%
NA
68.1%
77.1%
NA
NA
53.0%
71.9%
71.9%
NA
71.9%
88.2%
84.9%
84.9%
102.0%
93.2%
73.9%
73.9%
84.9%
82.5%
86.8%
97.7%
80.4%
82.7%
74.1%
73.6%
77.3%
78.9%
89.7%
78.3%
72.7%
62.0%
87.1%
56.5%
73.9%
81.6%
77.4%
79.8%
77.9%
149.2%
78.7%
58.7%
69.6%
65.8%
69.0%
72.3%
71.4%
78.3%
84.3%
71.9%
97.1%
154.1%
107.8%
77.5%
112.2%
99.6%
97.7%
94.4%
80.3%
84.5%
97.4%
Togo
229.3%
134.7%
86.2%
83.5%
84.8%
88.4%
96.4%
84.9%
80.7%
86.0%
86.1%
Gabon
103.2%
49.5%
70.9%
56.0%
74.7%
64.7%
65.7%
71.0%
72.4%
87.2%
71.0%
Cameroon
Benin
97.2%
73.5%
83.1%
93.1%
93.3%
83.0%
84.2%
87.8%
87.5%
87.2%
87.4%
119.2%
130.7%
96.7%
96.9%
87.0%
82.3%
95.4%
92.7%
87.0%
93.6%
94.5%
Rwanda
75.0%
81.2%
93.0%
185.5%
81.2%
113.5%
100.7%
99.1%
99.1%
99.1%
99.1%
Senegal
82.3%
87.7%
83.9%
79.6%
80.2%
88.9%
87.3%
95.4%
80.0%
101.5%
85.6%
Burundi
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
96.1%
78.7%
83.2%
83.5%
81.2%
81.9%
83.5%
81.6%
78.3%
84.3%
Cte d'Ivoire
FANAF median
(1) annual rate between 2003 and 2009

(2) annual rate between 2002 and 2009
Combined ratio = loss ratio + loading rate
Main technical highlights of the first four

market of the FANAF: 2000-2009
94%
86%
71%
72%
45%
46%
47%
36%
35%
Cte dIvoire
10
Loss ratio
Cameroon
39%
Senegal
35%
35%
Gabon
Atlas Magazine
| Insurance news from Africa and the Middle East
Loading rate
Combined ratio
Countries reporting an average loss ratio above their

average loading rate: 2000-2009
Loss ratio
Countries reporting an average loading rate above their

average loss ratio: 2000 - 2009
Loading rate
Loss ratio
Loading rate
Rwanda
63.0%
38.1%
Guinea
(1)
34.0%
49.1%
Togo
48.0%
38.0%
Congo Brazzaville
16.0%
27.5%
Senegal
47.0%
38.6%
44.5%
54.9%
Niger
42.0%
36.6%
Mali
35.0%
43.3%
Benin
43.5%
39.7%
Burkina Faso
33.0%
41.3%
Cameroon
36.0%
35.3%
Cte d'Ivoire
45.5%
46.0%
Chad
37.5%
37.4%
Gabon
35.0%
35.4%
(1) annual average obtained from data related to the period: 2002-2009
11
Life turnover of the FANAF zone: 2000-2009
Life written premiums per country (excluding acceptances)

2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
Average annual
growth
Cte d'Ivoire
33316
35071
37806
38352
44823
50713
55389
60312
66708
71048
8.8%
Cameroon
10728
11063
11614
13189
14614
15873
18340
22272
25223
28186
11.3%
Senegal
6294
6459
6546
6985
8776
10580
12052
13309
20650
16377
11.2%
Gabon
4234
5752
5363
5714
5687
5983
7703
9035
10306
12105
12.4%
Burkina Faso
1897
2293
2619
3007
3726
4510
5008
8345
8520
8865
18.7%
277
921
1865
1371
3165
3389
7044
8339
8339
8339
46.0%
Benin
2171
2539
2428
2579
2680
3950
4704
5925
7780
8155
15.8%
Togo
1944
2531
2645
2834
3057
3243
3425
4188
6586
8085
17.2%
Niger
418
471
535
498
768
943
1132
1796
2279
2781
23.4%
986
1126
1384
1355
1369
1453
1762
2255
2512
2540
11.1%
NA
NA
NA
1083
2351
1965
1965
1965
1965
1965
10.4%
30
31
36
64
65
79
71
253
502
1509
54.5%
NA
122
131
140
346
605
904
904
1210
1305
34.5%
91
102
128
146
236
202
230
349
425
735
26.1%
475
465
518
337
366
366
1127
139
151
151
-12.0%
Rwanda
Mali
Madagascar
(1)
Congo Brazzaville
Burundi
(2)
Chad
Guinea
Total
92
70
65
52
50
48
49
45
60
41
-8.6%
62953
69016
73683
77706
92079
103902
120905
139431
163216
172187
11.8%

12
Life turnover of the FANAF zone: 2000-2009
Market shares of the main countries of the FANAF

In 2009
In 2008
Cte
dIvoire
40.9%
Others
9.5%
Cte
dIvoire
41.3%
Others
11.2%
Benin 4.7%
Benin 4.8%
Rwanda
5.1%
Cameroon
15.5%
Burkina Faso
5.2%
Senegal
12.7%
Gabon
6.3%
Rwanda
4.8%
Cameroon
16.4%
Burkina Faso
5.1%
Senegal
9.5%
Gabon
7%
Top premiums growth rates: 2000-2009

markets of the FANAF: 2000-2009
54.5%
46%
11.3%
26.1%
8.8%
8.3%
8.4%
7.5%
12.4%
11.2%
7.8%
8.5%
7.9%
5%
Rwanda
Congo
Brazzaville
3%
Chad
Cte dIvoire
Total market
Cameroon
Senegal
Non life market
Gabon
Life market
13
Loss experience and operating costs of the FANAF life markets: 2000-2009
Life loss experience per country (excluding acceptances)

2000
Cte d'Ivoire
2001
2002
2003
2004
2005
2006
2007
2008
2009
Average annual
growth
25497
28758
32697
32274
36847
37347
41335
49499
53080
57285
9.4%
Cameroon
5888
5773
6408
2266
11519
12060
14438
16569
18558
22212
15.9%
Senegal
3934
4132
4318
5314
6463
7642
8931
9251
15689
11619
12.8%
Gabon
3971
6119
4805
3807
5960
3337
5430
5213
5777
7820
7.8%
Burkina Faso
1558
1345
1100
2073
2289
2883
3327
6244
6637
6171
16.5%
Benin
1417
1799
1787
1751
2097
2925
2972
4194
5740
5877
17.1%
Togo
1337
1123
1594
1421
1881
1762
2477
1186
1488
1914
4.1%
Madagascar
NA
NA
NA
1953
1740
1740
1740
1740
1740
1740
-1.9%
Niger
249
156
359
384
462
555
782
1278
1645
1720
24.0%
Mali
282
450
340
733
753
689
1021
1443
1518
1534
20.7%
Rwanda
211
419
1019
1133
1353
1211
2401
704
704
704
14.3%
13
13
17
17
16
19
350
419
95.6%
(1)
Congo Brazzaville
Guinea
NA
NA
431
264
272
272
272
272
272
272
-6.4%
Chad
11
79
189
491
449
511
498
688
107
82
25.0%
88
81
80
79
75
63
33
66
66
66
-3.1%
(2)
Burundi
Total
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
44356
50166
55060
53881
72102
72940
85640
98300
113305
119369
11.6%

14
Loss experience and operating costs of the FANAF life markets: 2000-2009
Life operating costs per country (excluding acceptances)

Congo Brazzaville
Guinea
(1)
(2)
Madagascar
(3)
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
Average annual
growth
34
31
30
30
29
25
26
24
24
24
-3.8%
NA
15
25
56
56
56
56
56
56
56
17.9%
NA
NA
169
125
135
135
55
140
140
140
-2.7%
NA
NA
NA
154
175
175
175
175
175
175
2.1%
Chad
37
35
60
94
28
90
131
177
281
232
22.6%
Mali
291
361
492
534
581
649
662
701
763
833
12.4%
Niger
226
293
260
237
257
281
343
430
544
888
16.4%
Rwanda
NA
NA
NA
387
464
793
1440
2005
2005
2005
31.5%
1102
1114
1179
1240
1461
1703
2064
2655
2860
2230
8.1%
Benin
847
847
816
836
785
1157
1799
2066
1975
2461
12.6%
Burkina Faso
566
642
877
653
734
936
1377
1828
2139
2462
17.7%
Togo
708
757
883
1051
919
999
1270
1646
2897
3280
18.6%
Senegal
1780
1878
1855
2029
2209
2517
2918
3871
4177
4276
10.2%
Cameroon
3670
3858
4277
2887
5322
5969
5363
7065
6919
7685
8.6%
10671
10247
10748
11250
13193
13613
14970
15470
17088
17693
5.8%
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
19932
20078
21671
21563
26348
29098
32649
38309
42043
44439
9.3%
Gabon
Cte d'Ivoire
Burundi
Total

Premiums, losses and operating costs of the first

four markets of the FANAF
71
Average growth rate of premiums, operating

costs and losses of the first four markets of the
FANAF
15.9%
57
11.3%
28
18
8.8% 9.4%
22
16
8
Cte dIvoire
Cameroon
8.6%
12.8%
11.2%
10.2%
12.4%
7.8% 8.1%
5.8%
12
Senegal
12
4
Gabon
Atlas Magazine | Insurance news from Africa andWritten

the premium
Middle East
Incurred losses
Cte dIvoire
Operating costs
Cameroon
Senegal
Gabon
15
16

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Atlas Conseil International

Survey elaborated by ACI: 35th General Assembly of the Fdration

The member countries of the FANAF

2% of the African market premium (16 countries involved in this

panies, 13 reinsurance companies, 2 garantee funds)

member countries of the FANAF

an insurance penetration rate of 0.93%

an insurance density of 2 168 FCFA

an overall premiumsvolume worth 673 053 000 000 FCFA(1)

a premiums growth rate of 6.6%

a non life premiums volume of 499 081 900 000 FCFA(1)

a life premiums volume of 173 971 100 000 FCFA(1)

a non life loss ratio of 45%

a non life loading rate of 40%

a non life combined ratio of 85%

a net result of 21 675 622 000 FCFA

(1) including acceptances

Life and non life turnover of the FANAF: 2000-2009

Life and non life turnover per country (excluding acceptances)

(1) average annual growth between 2003 and 2009

The top premiums growth rates: 2000-2009

Premiums growth rates of the first four

Cte dIvoire Cameroon

Ooperating costs per country (excluding acceptances)

(1) average annual growth between 2003 and 2009

Central African Republic

(1) average annual growth between 2003 and 2009

Average growth rates of premiums, operating

Premiums, loss experience and operating

Non life turnover of the FANAF: 2000-2009

Non life written premiums per country (excluding acceptances)

Central African Republic

(1) average annual growth between 2003 and 2009

Non life turnover of the FANAF: 2000-2009

Market shares of the main countries of the FANAF

Top premiums growth rates: 2000-2009

Premiums growth rates of the first four

Non life market

Loss ratio per country

Central African Republic

(1) annual average between 2002 and 2009

Loading rate per country

Central African Republic

(1) annual average between 2003 and 2009

Non life combined ratio per country

(1) annual rate between 2003 and 2009

Main technical highlights of the first four

Countries reporting an average loss ratio above their

Countries reporting an average loading rate above their

Central African Republic

Life turnover of the FANAF zone: 2000-2009

Life written premiums per country (excluding acceptances)

(1) average annual growth between 2003 and 2009

Life turnover of the FANAF zone: 2000-2009

Market shares of the main countries of the FANAF

Top premiums growth rates: 2000-2009

Premiums growth rates of the first four

Non life market

Life loss experience per country (excluding acceptances)

Central African Republic

(1) average annual growth between 2003 and 2009

Life operating costs per country (excluding acceptances)

Central African Republic