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Ghana Insurance Q3 2018

Ghana Insurance Q3 2018

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Growing quickly, but largely under-developed, Ghana's insurance industry will present significant growth opportunities tomultinational providers and investors over the next few years. Against the backdrop of a fast-growing economy and falling interestrates, robust consumer and business spending will drive demand for key lines, including life and property insurance covers, as wellas more niche products, such as health and personal accident, and credit and financial guarantee insurance. As poverty levels fall,we also not the rapidly growing popularity of microinsurance products in the country. With relatively few multinationals currentlyestablished in Ghana, overseas providers will be able to take advantage of favourable conditions and low penetration levels.However, rising inflationary pressures and potential currency depreciation are among the headwinds facing investors.

BMI Industry View
Industry Forecast
Life Premiums Forecast
Non-Life Premiums Forecast
Non-Life Sub-Sector Forecast
Industry Risk/Reward Index
Sub-Saharan Africa Insurance Risk/Reward Index
Market Overview
Life Market Overview
Non-Life Market Overview
Company Profile
Enterprise Life Assurance Company/Enterprise Insurance
SIC Insurance
Star Assurance/StarLife
Insurance Methodology

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