The Insurance Industry in Chad, Key Trends and Opportunities to 2022

The Insurance Industry in Chad, Key Trends and Opportunities to 2022

  • June 2018 •
  • 127 pages •
  • Report ID: 5473943 •
  • Format: PDF
The Insurance Industry in Chad, Key Trends and Opportunities to 2022

Summary
This report provides detailed analysis of the market trends, drivers and challenges in the Chadian insurance industry.

It provides key performance indicators such as written premium and claims during the review period (2013-2017) and forecast period (2017-2022).

The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the Chadian economy and demographics, and provides detailed information on the competitive landscape in the country.

The report brings together GlobalData’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 the regulatory structure.

GlobalData’s ’The Insurance Industry in Chad, Key Trends and Opportunities to 2022’ report provides in-depth market analysis, information and insights into the Chadian insurance industry, including -
- The Chadian insurance industry’s growth prospects by segment and category
- A comprehensive overview of the Chadian economy and demographics
- Details of the competitive landscape in the Chadian insurance industry
- The various distribution channels in the Chadian insurance industry
- Details of regulatory policy applicable to the Chadian insurance industry
- Analysis of natural hazards in the Chadian insurance industry.

Key Highlights
- The insurance industry in Chad is concentrated, with the presence of two domestic insurers: Star Group Assurances and Société Africaine d’Assurance et de Reassurance (SAFAR).
- Based on the approval of the regulatory authority of the country, the CIMA Code allows up to 50% of any reinsurance risk to be placed abroad, and more than 50% of a risk with unlicensed overseas reinsurers.
- In May 2016, the Commission Regional des Assurances CRCA issued a draft regulation on the e-distribution of insurance products in Conférence Interafricaine des Marchés d’Assurances (CIMA) member states.

Scope
- This report provides a comprehensive analysis of the insurance industry in Chad.
- It provides historical values for the Chadian insurance industry for the report’s 2013-2017 review period, and projected figures for the 2017-2022 forecast period.
- It offers a detailed analysis of the key segments in the Chadian insurance industry, with market forecasts to 2022.
- It covers an exhaustive list of parameters, including written premium and claims.
- It analyzes the various distribution channels in Chad.
- It profiles the top insurance companies in Chad, and outlines the key regulations affecting them.

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