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North Africa Insurance Report Q2 2015

North Africa Insurance Report Q2 2015

BMI View: We see significant potential in North Africa for insurers. However, continued economicconstraints will hamper the full development of the sector over the short term, particularly the non-lifesegment. That being said, strong government impetus in much of the region to augment health insurancedensity will boost penetration over the medium term. However, we continue to expect life insurance willunderperform in comparison to non-life insurance, owing to the disinclination among much of thepopulation to purchase life insurance policies when household budgets are tight. Local firms will continueto dominate the markets, but we expect a trickle of international groups to filter in, albeit slowly, over thelonger term.

Over the short term we expect to see only moderate gains in the North African insurance sectors, owing toan expected economic slowdown over 2015. This will not only impact insurers via the reduction in policysales, but also have a knock-on effect via the limiting of the sale of vehicles and construction of properties,which will reduce insurance demand.


BMI Industry View
SWOT
Morocco Industry Forecast
Life Premiums Forecast
Table: Gross Life Premiums Written (Morocco 2012-2019)
Life Claims
Table: Life Insurance Claims (Morocco 2007-2012)
Non-Life Premiums Forecast
Table: Gross Non-Life Premiums Written (Morocco 2012-2019)
Non-Life Claims
Table: Non-Life Insurance Claims (Morocco 2007-2012)
Non-Life Sub-Sector Forecast
Table: Non-Life % Breakdown (Morocco 2012-2019)
Motor and Transport Insurance
Table: Motor Vehicle Insurance (Morocco 2012-2019)
Table: Insurance Key Drivers, Autos (Morocco 2012-2019)
Table: Transport Insurance (Morocco 2012-2019)
Health and Personal Accident Insurance
Table: Health Insurance (Morocco 2012-2019)
Table: Personal Accident Insurance (Morocco 2012-2019)
Property Insurance
Table: Property Insurance (Morocco 2012-2019)
General Liability and Credit Insurance
Table: General Liability Insurance (Morocco 2012-2019)
Table: Credit/Financial Guarantee Insurance (Morocco 2012-2019)
Algeria Industry Forecast
Life Premiums Forecast
Table: Gross Life Premiums Written (Algeria 2012-2019)
Life Claims
Table: Life Insurance Claims (Algeria 2008-2013)
Non-Life Premiums Forecast
Table: Gross Non-Life Premiums Written (Algeria 2012-2019)
Non-Life Claims
Table: Non-Life Insurance Claims (Algeria 2008-2013)
Non-Life Sub-Sector Forecast
Table: Non-Life % Breakdown (Algeria 2012-2019)
Motor and Transport Insurance
Table: Motor Vehicle Insurance (Algeria 2012-2019)
Table: Insurance Key Drivers, Autos (Algeria 2012-2019)
Table: Transport Insurance (Algeria 2012-2019)
Health and Personal Accident Insurance
Table: Health Insurance (Algeria 2012-2019)
Table: Personal Accident Insurance (Algeria 2012-2019)
Property Insurance and Credit/Financial Insurance
Table: Property Insurance (Algeria 2012-2019)
Table: Credit/Financial Guarantee Insurance (Algeria 2012-2019)
Tunisia Industry Forecast
Life Premiums Forecast
Life Premiums
Table: Gross Life Premiums Written (Tunisia 2012-2019)
Table: Net Life Premiums Written (Tunisia 2012-2019)
Life Claims
Table: Life Insurance Claims (Tunisia 2007-2013)
Non-Life Premiums Forecast
Non-Life Premiums
Table: Gross Non-Life Premiums Written (Tunisia 2012-2019)
Table: Net Non-Life Premiums Written (Tunisia 2012-2019)
Non-Life Claims
Table: Non-Life Insurance Claims (Tunisia 2007-2013)
Table: Non-Life Insurance Claims by Line (Tunisia 2007-2013)
Non-Life Sub-Sector Forecast
Table: Non-Life % Breakdown (Tunisia 2012-2019)
Motor and Transport Insurance
Table: Motor Vehicle Insurance (Tunisia 2012-2019)
Table: Transport Insurance (Tunisia 2012-2019)
Property Insurance
Table: Property Insurance (Tunisia 2012-2019)
Health Insurance
Table: Health Insurance (Tunisia 2012-2019)
General Liability and Credit Insurance
Table: General Liability Insurance (Tunisia 2012-2019)
Table: Credit/Financial Guarantee Insurance (Tunisia 2012-2019)
Libya Industry Forecast
Life Premiums Forecast
Life Premiums
Table: Gross Life Premiums (Libya 2012-2019)
Life Insurance Claims
Table: Life Insurance Claims (Libya 2007-2011)
Non-Life Premiums Forecast
Non-Life Premiums
Table: Gross Non-Life Premiums Written (Libya 2012-2019)
Table: Non-Life Insurance Claims (Libya 2007-2011)
Non-Life Sub-Sector Forecast
Table: Non-Life % Breakdown (Libya 2012-2019)
Motor and Transport Insurance
Table: Motor Vehicle Insurance (Libya 2012-2019)
Table: Transport Insurance (Libya 2012-2019)
Property Insurance
Table: Property Insurance (Libya 2012-2019)
Table: Health Insurance (Libya 2012-2019)
Industry Risk Reward Ratings
MEA Insurance Risk/Reward Index - Q2 2015
Table: MENA Insurance Risk/Reward Index - Q2 2015
Market Overview
Morocco Market Overview
Life Market Overview
Table: Life Market Share, USDmn, 2007-2013
Non-Life Market Overview
Table: Non-Life Market Share, USDmn, 2013
Algeria Market Overview
Tunisia Market Overview
Life Market Overview
Table: Life Premiums, USDmn, 2006-2012
Non-Life Market Overview
Table: Non-Life Market Share, USDmn, 2006-2012
Libya Market Overview
Company Profile
Wafa Assurance
RMA Watanya
Demographic Forecast
Table: Population Headline Indicators (Algeria 1990-2025)
Table: Key Population Ratios (Algeria 1990-2025)
Table: Urban/Rural Population & Life Expectancy (Algeria 1990-2025)
Table: Population By Age Group (Algeria 1990-2025)
Table: Population By Age Group % (Algeria 1990-2025)
Demographic Forecast
Table: Population Headline Indicators (Libya 1990-2025)
Table: Key Population Ratios (Libya 1990-2025)
Table: Urban/Rural Population & Life Expectancy (Libya 1990-2025)
Table: Population By Age Group (Libya 1990-2025)
Table: Population By Age Group % (Libya 1990-2025)
Demographic Outlook
Table: Population Headline Indicators (Morocco 1990-2025)
Table: Key Population Ratios (Morocco 1990-2025)
Table: Urban/Rural Population & Life Expectancy (Morocco 1990-2025)
Table: Population By Age Group (Morocco 1990-2025)
Table: Population By Age Group % (Morocco 1990-2025)
Demographic Forecast
Table: Population Headline Indicators (Tunisia 1990-2025)
Table: Key Population Ratios (Tunisia 1990-2025)
Table: Urban/Rural Population & Life Expectancy (Tunisia 1990-2025)
Table: Population By Age Group (Tunisia 1990-2025)
Table: Population By Age Group % (Tunisia 1990-2025)
Methodology
Industry Forecast Methodology
Risk/Reward Index Methodology
Table: Indicators
Table: Weighting of Indicators

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