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The Ghanaian insurance industry is one of the fastest-growing insurance industries in Africa, in terms of gross written premium. The industry grew at a compound annual growth rate (CAGR) of 30.4% during the review period (2009?2013), as compared to other African countries, such as Chad with 2.3%, Cote d'Ivoire with 3.9%, Cameroon with 9.4% and Uganda with 18.8%. In terms of gross written premium, the industry grew at a review-period CAGR of 30.4% in 2013.
1. The Insurance Industry in Ghana, Key Trends and
Opportunities to 2018
Published: Jul 2014
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2. The Insurance Industry in Ghana, Key Trends and Opportunities to
2018
Synopsis
The report provides in-depth industry analysis, information and insights into the
insurance industry in Ghana, including:
The Ghanaian insurance industry’s growth prospects by insurance segment and
category
The competitive landscape in the Ghanaian insurance industry
The current trends and drivers of the Ghanaian insurance industry
Challenges facing the Ghanaian insurance industry
The detailed regulatory framework of the Ghanaian insurance industry
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3. The Insurance Industry in Ghana, Key Trends and Opportunities to
2018
Summary
The Ghanaian insurance industry is one of the fastest-growing insurance
industries in Africa, in terms of gross written premium. The industry grew at a
compound annual growth rate (CAGR) of 30.4% during the review period
(2009?2013), as compared to other African countries, such as Chad with 2.3%,
Cote d'Ivoire with 3.9%, Cameroon with 9.4% and Uganda with 18.8%. In terms
of gross written premium, the industry grew at a review-period CAGR of 30.4% in
2013. This was supported by growth in the life and non-life insurance segments,
with the former having posted a CAGR of 37.1% and the latter having registered
a CAGR of 27.7%. The industry is expected to grow at a forecast-period CAGR of
23.0% in 2018. The growth will be supported by an increase in oil and gas
production, the implementation of compulsory fire insurance for commercial
buildings, and an increase in gold production.
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4. The Insurance Industry in Ghana, Key Trends and Opportunities to
2018
Scope
This report provides a comprehensive analysis of the insurance industry in
Ghana:
It provides historical values for the Ghanaian insurance industry for the report’s
2009–2013 review period and forecast figures for the 2013–2018 forecast
period.
It offers a detailed analysis of the key segments and categories in the Ghanaian
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 Ghana, and outlines the key
regulations affecting them.
Complete reports is available @ http://marketreportsstore.com/the-insurance-
industry-in-ghana-key-trends-and-opportunities-to-2018/# .
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5. The Insurance Industry in Ghana, Key Trends and Opportunities to
2018
Reasons to buy
Make strategic business decisions using in-depth historic and forecast industry
data related to the Ghanaian insurance industry and each segment within it.
Understand the demand-side dynamics, key trends and growth opportunities
within the Ghanaian insurance industry.
Assess the competitive dynamics in the Ghanaian insurance industry.
Identify the growth opportunities and market dynamics within key segments.
Gain insights into key regulations governing the Ghanaian insurance industry and
its impact on companies and the industry's future.
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6. The Insurance Industry in Ghana, Key Trends and Opportunities
to 2018
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