Senegal Insurance Industry - Market Key Trends, Shares and Opportunities to 2018

The Senegalese insurance industry is the third-largest among the Inter-African Conference on Insurance Markets (Conference Interafricaine des Marches d'Assurances – CIMA) member states in terms of gross written premium. The Senegalese insurance industry registered significant growth during the review period (2009–2013). 

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The growth of the Senegalese insurance industry was affected by the global financial crisis, however, the industry’s written premium grew at a review-period CAGR of 7.5%. The insurance industry is expected to grow further at a CAGR of 8.3% during the forecast period (2013–2018). The insurance industry had 21 insurance companies and one reinsurance company in 2011.


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

  • It provides historical values for the Senegalese insurance industry for the report’s 2009–2013 review period and projected figures for the 2013–2018 forecast period.
  • It offers a detailed analysis of the key segments and categories in the Senegalese insurance industry, along with forecasts until 2018.
  • 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 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 industry data related to the Senegalese insurance industry and each segment within it.
  • Understand the demand-side dynamics, key trends and growth opportunities within the Senegalese insurance industry.
  • Assess the competitive dynamics in the Senegalese insurance industry.
  • Identify the growth opportunities and market dynamics within key segments.
  • Gain insights into key regulations governing the Senegalese insurance industry and its impact on companies and the industry's future.

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