Albany, NY -- (SBWIRE) -- 11/02/2015 -- It provides key performance indicators such as written premium, incurred loss, loss ratio, combined ratio, total assets, total investment income and retentions during the review period (2010–2014) and forecast period (2014–2019). The report also analyzes detailed information on the competitive landscape in the country.

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 regulatory structure.

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SCOPE

Timetric's 'The Insurance Industry in Senegal, Key Trends and Opportunities to 2019' report provides a comprehensive analysis of the insurance industry in Senegal:

It provides historical values for the Senegalese insurance industry for the report's 2010–2014 review period, and projected figures for the 2014–2019 forecast period.
It offers a detailed analysis of the key segments in the Senegalese insurance industry, along with market forecasts until 2019.
It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, combined ratio, total assets, total investment income and retentions.
It analyzes the various distribution channels in Senegal.
It profiles the top insurance companies in Senegal and outlines the key regulations affecting them.

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REASONS TO BUY:-

Make strategic business decisions using in-depth historic and forecast market data related to the Senegalese insurance industry and each segment and category within it.
Understand the demand-side dynamics, key market trends and growth opportunities in the Senegalese insurance industry.
Assess the competitive dynamics in the Senegalese insurance industry.
Identify the growth opportunities and market dynamics in key segments.
Gain insights into key regulations governing the Senegalese insurance industry and their impact on companies and the industry's future.

KEY HIGHLIGHTS:-

The Senegalese insurance gross written premium grew at a review-period CAGR of 3.5%.
The Senegalese insurance industry is governed by the Directions des Assurances, under the Ministry of Finance.
The Senegalese insurance industry comprised 21 insurers and one reinsurer as of 2013.
Life insurance accounted for 25.8% of the industry's gross written premium in 2014 and grew at a review-period CAGR of 6.9%.
The non-life segment accounted for 55.5% of the industry's gross written premium in 2014 and grew at a review-period CAGR of 1.3%.
In terms of economic losses caused by natural hazards, drought accounted for 87.3%, followed by flood with 12.7% during 1990–2014.

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