The Insurance Industry in the Republic of Congo, Key Trends and Opportunities to 2020
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Synopsis
Timetric's 'The Insurance Industry in the Republic of Congo, Key Trends and Opportunities to 2020' report provides a detailed analysis of the Congolese insurance industry.
It provides key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, total assets, total investment income and retentions during the review (2011-2015) and forecast periods (2015-2020).
The report also gives a comprehensive overview of the Congolese economy and demographics, and provides detailed information on the competitive landscape in the country. It also includes the impact of natural hazards on the insurance industry.
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 the regulatory structure.
Summary
Timetric's 'The Insurance Industry in the Republic of Congo, Key Trends and Opportunities to 2020' report provides in-depth market analysis, information and insights into Congolese insurance industry, including:
- An overview of the Congolese insurance industry
- The Congolese insurance industry's growth prospects by segment and category
- A comprehensive overview of the Congolese economy and demographics
- The detailed competitive landscape in the Congolese insurance industry
- Details of regulatory policy applicable to the Congolese insurance industry
- An analysis of natural hazards in the Republic of Congo
Scope
This report provides a comprehensive analysis of the insurance industry in the Republic of Congo:
- It provides historical values for Congolese insurance industry for the report's 2011-2015 review period, and projected figures for the 2015-2020 forecast period.
- It offers a detailed analysis of the key segments in the Congolese insurance industry, with market forecasts to 2020.
- It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, combined ratio, total assets, total investment income and retentions.
- It profiles the top insurance companies in the Republic of Congo, and outlines the key regulations affecting them.
- It covers the economy and demographic structure of the Republic of Congo.
- It analyzes the impact of natural hazards in the Congolese insurance industry.
Reasons To Buy
- Make strategic business decisions using in-depth historic and forecast market data related to the Congolese insurance industry and each segment and category within it.
- Understand the demand-side dynamics, key market trends and growth opportunities in the Congolese insurance industry.
- Assess the competitive dynamics in the Congolese insurance industry.
- Identify the growth opportunities and market dynamics in key segments.
- Gain insights into key regulations governing the Congolese insurance industry, and their impact on companies and the industry's future.
Key Highlights
- The insurance industry in the Republic of Congo (Congo) is relatively small and underdeveloped, and had only six operational companies as of 2015.
- Non-life insurance penetration stood at just 1.2% in 2015.
- Health insurance is exempted from insurance premium tax in Congo.
- Personal accident and health insurance continued to be the fastest-growing segment, with a review-period CAGR of 27.9%.