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Ghana Insurance Q4 2019

Ghana Insurance Q4 2019

Key View:

Both Ghana's life and non-life insurance segments are set to grow strongly over the next five years, with life insuranceoutpacing non-life insurance. We foresee significant investment opportunities across both major segments, thanks to theunderdeveloped nature of Ghana's insurance industry in combination with the country's fast-growing economy, falling interest ratesand robust consumer and business spending. As the country's poverty levels continue to fall, we also note the rapidly growingpopularity of micro-insurance products in the country. With relatively few multinationals currently established in Ghana, overseasproviders will be able to take advantage of a favourable competitive landscape and low penetration levels.


Key View
SWOT
Insurance SWOT
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
GLICO/GGICO
SIC Insurance
Star Assurance/StarLife
Insurance Methodology

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