2013-02-19 17:56:51 - New Financial Services research report from Timetric is now available from Fast Market Research

Benin has a small insurance industry, indeed the nation's population is only 9 million strong. There were 12 insurers operating in the country in 2011 and as its economy is largely dependent on exports, these firms were indirectly affected by the global financial crisis. This led to a decline in the marine, aviation and transit insurance category. Insurance penetration as a percentage of GDP is low when compared to many developed countries. The Beninese insurance industry comprises both domestic and foreign insurance companies. The government's liberalization policy abolished the regulatory barrier, which encouraged companies such as Allianz to enter the market.

Key Highlights

* Benin has a small insurance industry, indeed the nation's population is only 9 million strong.
* There

were 12 insurers operating in the country in 2011 and as its economy is largely dependent on exports, these firms were indirectly affected by the global financial crisis.
* This led to a decline in the marine, aviation and transit insurance category.
* Insurance penetration as a percentage of GDP is low when compared to many developed countries.
* The Beninese insurance industry comprises both domestic and foreign insurance companies.
* The government's liberalization policy abolished the regulatory barrier, which encouraged companies such as Allianz to enter the market.


Full Report Details at
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Scope

This report provides a comprehensive analysis of the insurance industry in Benin:

* It provides historical values for the Beninese insurance industry for the report's 2008-2012 review period and forecast figures for the 2012-2017 forecast period
* It offers a detailed analysis of the key segments and categories in the Beninese insurance industry, along with industry forecasts until 2017
* It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, total assets, total investment income and retentions
* It profiles the top insurance companies in Benin and outlines the key regulations affecting them

Reasons to Purchase

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

Companies Mentioned in this Report: Africaine Vi, The Insurance and Reinsurance Company of the Gulf of Guinea (ARGG), Allianz

Partial Table of Contents:

1 Executive Summary
2 Introduction
2.1 What is this Report About?
2.2 Definitions
2.3 Methodology
3 Beninese Insurance Industry Overview
3.1 Beninese Insurance Industry
3.2 Key Industry Trends and Drivers
3.3 Challenges
3.4 Regulation
4 Market Segmentation
4.1 Life Insurance Growth Prospects by Category
4.1.1 Individual life insurance
4.1.2 Individual endowment insurance
4.1.3 Individual Marriage and Birth insurance category
4.1.4 Other insurance
4.1.5 Group life insurance
4.2 Non-Life Insurance Growth Prospects by Category
4.2.1 Property insurance
4.2.2 Motor insurance
4.2.3 Liability insurance
4.2.4 Marine, aviation and transit insurance
4.3 Personal Accident and Health Insurance Growth Prospects by Category
4.4 Reinsurance Segment
5 Competitive Landscape
5.1 Overview
5.2 Leading Companies
5.2.1 Africaine Vie - company overview
5.2.2 The Insurance and Reinsurance Company of the Gulf of Guinea (ARGG) - company overview
5.2.3 Allianz - company overview
6 Macroeconomic Indicators
6.1 GDP at Constant Prices (US dollars)
6.2 GDP Per Capita at Constant Prices (US dollars)
6.3 GDP at Current Prices (US dollars)
6.4 GDP Per Capita at Current Prices (US dollars)
6.5 Construction net Output at Current Prices, (US dollars)
6.6 Construction net Output at Current Prices as a Percentage of GDP
6.7 Inflation Rate
6.8 Healthcare Expenditure
6.9 Healthcare Expenditure as a Percentage of GDP
6.1 Healthcare Expenditure Per Capita
6.11 Labor Force
6.12 Exports as a Percentage of GDP
6.13 Imports as a Percentage of GDP
6.14 Total Population
7 Appendix
7.1 Methodology
7.1 Contact Us
7.2 About Timetric
7.3 Disclaimer

List of Tables

Table 1: Insurance Industry Definitions
Table 2: Beninese Insurance Overall Written Premium by Segment (XOF Billion), 2008-2012
Table 3: Beninese Insurance Overall Written Premium by Segment (US$ Million), 2008-2012
Table 4: Beninese Insurance Overall Written Premium by Segment (XOF Billion), 2012-2017
Table 5: Beninese Insurance Overall Written Premium by Segment (US$ Million), 2012-2017
Table 6: Beninese Insurance Segmentation (Percentage Share), 2008-2017
Table 7: Beninese Life Insurance Written Premium by Category (XOF Billion), 2008-2012

Full Table of Contents is available at:
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About Timetric

Timetric is an independent economic and business research firm providing critical intelligence on emerging economies and key global industries. They provide detailed economic and sector intelligence, business insights and authoritative, independent commentary. View more research from Timetric at www.fastmr.com/catalog/publishers.aspx?pubid=1037

About Fast Market Research

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