The Insurance Industry in Cameroon, Key Trends and Opportunities to 2017 New Report
Cameroon has a small insurance industry. Given the market size, the non-life insurance segment is highly competitive and fragmented with the presence of 18 companies. The global financial crisis had both a direct and indirect impact on the industry; Cameroon’s economy is largely dependent on commodity exports, which declined during 2008–2010 as a result of the crisis and negatively affected the overall economy. The volume of goods and services exported by the country declined by 4% in 2008, 2.7% in...
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