top of page

Sector Focus: Assurance & Insurance



The Beninese insurance market, deregulated in 1998, is very competitive with seven life insurers for FCFA 10 billion and seven property and casualty insurers for FCFA 26 billion, of which NSIA and Africaine des Assurances represent 57% of market share.




With growing investment in Benin and the West African region as a trading and commercial hub, the finance and insurance sector is growing tremendously. Companies needing insurance cover, financial services have led to the increased market demand for financial services. There is a huge untapped Insurance market in Benin.

3 views0 comments

Recent Posts

See All

Sector Focus: Healthcare

Industry Scenario Benin allocates only 4.6% of its GDP to the health sector expenditures. According to the National Health Accounts (prepared in 2006, with data of 2002 and 2003), total health expendi

Comments


bottom of page