The Insurance Industry in Senegal, Key Trends and Opportunities to 2017 New Report
Senegal has a small insurance industry, which represented just 1.4% of the country’s GDP in 2011, lower than the African average of 4.8%. The Senegalese insurance industry is the third-largest among the Conférence Interafricaine des Marchés d'Assurances (CIMA) member states in terms of gross written premium. There were only 19 insurance and two reinsurance companies operating in Senegal in 2011: 13 in the non-life segment and six in the life segment. The global financial crisis had an indirect effect on...
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