Sunday 24 August 2014

Research and Markets: Insurance Industry in Ghana Market - Key Trends and Opportunities to 2018



Press Release: Research and Markets

 

Research and Markets (http://www.researchandmarkets.com/research/3br5q3/the_insurance) has announced the addition of the "The Insurance Industry in Ghana, Key Trends and Opportunities to 2018" report to their offering.

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.

Scope
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.

Key Topics Covered:

1 Executive Summary

2 Introduction

3 Ghanaian Insurance Industry Overview

4 Industry Segmentation

5 Governance, Risk and Compliance

6 Competitive Landscape

7 Macroeconomic Indicators

8 Appendix

Companies Mentioned
SIC Insurance Company Ltd
Enterprise Life Assurance Company Ltd (ELAC)
Enterprise Insurance Company Ltd
StarLife Assurance Company Ltd
Star Assurance Company Ltd

For more information visit http://www.researchandmarkets.com/research/3br5q3/the_insurance

Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Insurance

No comments: