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Synopsis
Timetric’s 'The Insurance Industry in the Central African Republic, Key Trends and Opportunities to 2019' report provides detailed analysis of the market trends, drivers, challenges in the Central African Republic insurance industry. It provides key performance indicators such as written premium, incurred loss, loss ratio, combined ratio, total assets, total investment income and retentions during the review period (2010–2014) and forecast period (2014–2019). The report also analyzes detailed information on the competitive landscape in the country.

The report brings together Timetric’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 regulatory structure.

Summary
The report provides in-depth market analysis, information and insights into the Central African Republic insurance industry, including:

- The Central African Republic insurance industry's growth prospects by segment and category

- Key trends, drivers and challenges in the Central African Republic insurance industry

- Details of the competitive landscape in the Central African Republic insurance industry

- Details of regulatory policy applicable to the Central African Republic insurance industry

Scope
This report provides a comprehensive analysis of the insurance industry in the Central African Republic:

- It provides historical values for the Central African Republic insurance industry for the report’s 2010–2014 review period, and projected figures for the 2014–2019 forecast period.

- It offers a detailed analysis of the key segments in the Central African Republic insurance industry, along with market forecasts until 2019.

- It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, combined ratio, total assets, total investment income and retentions.

- It profiles the top insurance companies in the Central African Republic 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 Central African Republic insurance industry and each segment and category within it.

- Understand the demand-side dynamics, key market trends and growth opportunities in the Central African Republic insurance industry.

- Assess the competitive dynamics in the Central African Republic insurance industry.

- Identify growth opportunities and market dynamics in key segments.

- Gain insights into key regulations governing the Central African Republic insurance industry, and their impact on companies and the industry's future.

Key Highlights
- The CAR’s insurance industry is regulated by the Conférence Internationale des Marchés d'Assurances (The International Conference of Insurance Markets – CIMA).

- The industry is small, with just two companies serving a population of 4.7 million as of 2014.

- The industry declined in terms of gross written premium value, at a review-period CAGR of -3.2%.

- Life insurance penetration is low, measuring 0.006% in 2014.

- Non-life insurance was the largest segment in the industry, accounting for 77.2% of the total gross written premium in 2014.

- Motor insurance was the largest non-life category in terms of gross written premium during the review period.

Table Of Contents

The Insurance Industry in the Central African Republic, Key Trends and Opportunities to 2019
Table of Contents
1 Executive Summary
2 Introduction
2.1 What is this Report About?
2.2 Definitions
2.3 Methodology
3 The Central African Republic Insurance Industry Overview
3.1 The Central African Republic Insurance Industry
3.2 Key Industry Trends and Drivers
3.3 Challenges
4 Industry Segmentation
4.1 Life Insurance
4.2 Non-Life Insurance
4.2.1 Property insurance
4.2.2 Motor insurance
4.2.3 Liability insurance
4.2.4 Marine, aviation and transit insurance
4.3 Personal Accident and Health Insurance
4.4 Reinsurance
5 Governance, Risk and Compliance
5.1 Legislation Overview and Historical Evolution
5.2 Latest Changes in Regulations
5.3 Legislation and Market Practice by Type of Insurance
5.3.1 Life insurance
5.3.2 Property insurance
5.3.3 Motor insurance
5.3.4 Liability insurance
5.3.5 Marine, aviation and transit insurance
5.3.6 Personal accident and health insurance
5.4 Compulsory Insurance
5.4.1 Motor third-party liability insurance
5.4.2 Professional indemnity insurance for insurance intermediaries
5.4.3 Worker's compensation
5.5 Supervision and Control
5.5.1 International Association of Insurance Supervisors
5.5.2 Commission Regional des Assurances (CRCA)
5.5.3 Direction des Services Centraux (DSC)
5.6 Non-Admitted Insurance Regulations
5.6.1 Overview
5.6.2 Intermediaries
5.6.3 Market practices
5.6.4 Fines and penalties
5.7 Company Registration and Operations
5.7.1 Types of insurance organization
5.7.2 Establishing a local company
5.7.3 Foreign ownership
5.7.4 Types of license
5.7.5 Capital requirements
5.7.6 Solvency margins
5.7.7 Reserve requirements
5.7.8 Investment regulations
5.7.9 Statutory return requirements
5.7.10 Fee structure
5.8 Taxation
5.8.1 Insurance premium or policy taxation
5.8.2 Withholding taxes on premium paid overseas
5.8.3 Corporate tax
5.8.4 VAT
5.8.5 Captives
5.9 Legal System
5.9.1 Introduction
5.9.2 Access to court
5.9.3 Alternative dispute resolution (ADR)
6 Competitive Landscape
6.1 Overview
6.2 Leading Companies
6.2.1 Allianz Centrafrique Assurances - company overview
6.2.2 Union des Assurances Centrafricaine - company overview
7 Economic Indicators
7.1 GDP at Current Prices (US$)
7.2 GDP per Capita at Current Prices (US$)
7.3 GDP at Constant Prices (US$)
7.4 Inflation
7.5 Life Expectancy
7.6 Urban and Rural Populations
7.7 Total Population
8 Appendix
8.1 Methodology
8.2 Contact Timetric
8.3 About Timetric
8.4 Timetric's Services
8.5 Disclaimer

List of Tables
Table 1: Insurance Industry Definitions
Table 2: The Central African Republic Insurance Gross Written Premium by Segment (XAF Million), 2010-2014
Table 3: The Central African Republic Insurance Gross Written Premium by Segment (US$ Million), 2010-2014
Table 4: The Central African Republic Insurance Gross Written Premium by Segment (XAF Million), 2014-2019
Table 5: The Central African Republic Insurance Gross Written Premium by Segment (US$ Million), 2014-2019
Table 6: The Central African Republic Insurance Segmentation by Gross Written Premium (Percentage Share), 2010-2019
Table 7: The Central African Republic Insurance Direct Written Premium by Segment (XAF Million), 2010-2014
Table 8: The Central African Republic Insurance Direct Written Premium by Segment (US$ Million), 2010-2014
Table 9: The Central African Republic Insurance Direct Written Premium by Segment (XAF Million), 2014-2019
Table 10: The Central African Republic Insurance Direct Written Premium by Segment (US$ Million), 2014-2019
Table 11: The Central African Republic Insurance Segmentation by Direct Written Premium (Percentage Share), 2010-2019
Table 12: The Central African Republic Life Insurance - Gross Written Premium (XAF Million), 2010-2014
Table 13: The Central African Republic Life Insurance - Gross Written Premium (XAF Million), 2014-2019
Table 14: The Central African Republic Life Insurance - Paid Claims (XAF Million), 2010-2014
Table 15: The Central African Republic Life Insurance - Paid Claims (XAF Million), 2014-2019
Table 16: The Central African Republic Life Insurance - Incurred Loss (XAF Million), 2010-2014
Table 17: The Central African Republic Life Insurance - Incurred Loss (XAF Million), 2014-2019
Table 18: The Central African Republic Life Insurance - Total Investment Income (XAF Thousand), 2010-2014
Table 19: The Central African Republic Life Insurance - Total Investment Income (XAF Thousand), 2014-2019
Table 20: The Central African Republic Life Insurance - Net Written Premium (XAF Million), 2010-2014
Table 21: The Central African Republic Life Insurance - Net Written Premium (XAF Million), 2014-2019
Table 22: The Central African Republic Non-Life Insurance - Gross Written Premium by Category (XAF Million), 2010-2014
Table 23: Central African Non-Life Insurance - Gross Written Premium by Category (US$ Million), 2010-2014
Table 24: The Central African Republic Non-Life Insurance - Gross Written Premium by Category (XAF Million), 2014-2019
Table 25: The Central African Republic Non-Life Insurance - Gross Written Premium by Category (US$ Million), 2014-2019
Table 26: The Central African Republic Non-Life Insurance - Direct Written Premium by Category (XAF Million), 2010-2014
Table 27: The Central African Republic Non-Life Insurance - Direct Written Premium by Category (US$ Million), 2010-2014
Table 28: The Central African Republic Non-Life Insurance - Direct Written Premium by Category (XAF Million), 2014-2019
Table 29: The Central African Republic Non-Life Insurance - Direct Written Premium by Category (US$ Million), 2014-2019
Table 30: The Central African Republic Non-Life Insurance - Paid Claims (XAF Billion), 2010-2014
Table 31: The Central African Republic Non-Life Insurance - Paid Claims (XAF Million), 2014-2019
Table 32: The Central African Republic Non-Life Insurance - Incurred Loss (XAF Million), 2010-2014
Table 33: The Central African Republic Non-Life Insurance - Incurred Loss (XAF Billion), 2014-2019
Table 34: The Central African Republic Non-Life Insurance - Loss Ratio (%), 2010-2014
Table 35: The Central African Republic Non-Life Insurance - Loss Ratio (%), 2014-2019
Table 36: The Central African Republic Non-Life Insurance - Combined Ratio (%), 2010-2014
Table 37: The Central African Republic Non-Life Insurance - Combined Ratio (%), 2014-2019
Table 38: The Central African Republic Non-Life Insurance - Total Investment Income (XAF Million), 2010-2014
Table 39: The Central African Republic Non-Life Insurance - Total Investment Income (XAF Million), 2014-2019
Table 40: The Central African Republic Non-Life Insurance - Net Written Premium (XAF Billion), 2010-2014
Table 41: The Central African Republic Non-Life Insurance - Net Written Premium (XAF Billion), 2014-2019
Table 42: The Central African Republic Property Insurance - Gross Written Premium (XAF Million), 2010-2014
Table 43: The Central African Republic Property Insurance - Gross Written Premium (XAF Million), 2014-2019
Table 44: The Central African Republic Motor Insurance - Gross Written Premium (XAF Billion), 2010-2014
Table 45: The Central African Republic Motor Insurance - Gross Written Premium (XAF Billion), 2014-2019
Table 46: The Central African Republic Liability Insurance - Gross Written Premium (XAF Million), 2010-2014
Table 47: The Central African Republic Liability Insurance - Gross Written Premium (XAF Million), 2014-2019
Table 48: The Central African Republic Marine, Aviation and Transit Insurance - Gross Written Premium (XAF Million), 2010-2014
Table 49: The Central African Republic Marine, Aviation and Transit Insurance - Gross Written Premium (XAF Million), 2014-2019
Table 50: The Central African Republic Personal Accident and Health Insurance - Gross Written Premium (XAF Million), 2010-2014
Table 51: The Central African Republic Personal Accident and Health Insurance - Gross Written Premium (XAF Million), 2014-2019
Table 52: The Central African Republic Personal Accident and Health Insurance - Paid Claims (XAF Million), 2010-2014
Table 53: The Central African Republic Personal Accident and Health Insurance - Paid Claims (XAF Million), 2014-2019
Table 54: The Central African Republic Personal Accident and Health Insurance - Incurred Loss (XAF Million), 2010-2014
Table 55: The Central African Republic Personal Accident and Health Insurance - Incurred Loss (XAF Million), 2014-2019
Table 56: The Central African Republic Personal Accident and Health Insurance - Loss Ratio (%), 2010-2014
Table 57: The Central African Republic Personal Accident and Health Insurance - Loss Ratio (%), 2014-2019
Table 58: The Central African Republic Personal Accident and Health Insurance - Combined Ratio (%), 2010-2014
Table 59: The Central African Republic Personal Accident and Health Insurance - Combined Ratio (%), 2014-2019
Table 60: The Central African Republic Personal Accident and Health Insurance - Total Investment Income (XAF Million), 2010-2014
Table 61: The Central African Republic Personal Accident and Health Insurance - Total Investment Income (XAF Million), 2014-2019
Table 62: The Central African Republic Personal Accident and Health Insurance - Net Written Premium (XAF Million), 2010-2014
Table 63: The Central African Republic Personal Accident and Health Insurance - Net Written Premium (XAF Million), 2014-2019
Table 64: The Central African Republic Non-Life Insurance - Percentage of Premium Ceded (Excluding Retrocession), 2010-2014
Table 65: The Central African Republic Non-Life Insurance - Percentage of Premium Ceded (Excluding Retrocession), 2014-2019
Table 66: The Central African Republic Personal Accident and Health Insurance - Percentage of Premium Ceded (Excluding Retrocession), 2010-2014
Table 67: The Central African Republic Personal Accident and Health Insurance - Percentage of Premium Ceded (Excluding Retrocession), 2014-2019
Table 68: The Central African Republic - Intermediary Remuneration Rates
Table 69: The Central African Republic - Life Insurance Regulatory Framework
Table 70: The Central African Republic - Property Insurance Regulatory Framework
Table 71: The Central African Republic - Motor Insurance Regulatory Framework
Table 72: The Central African Republic - Liability Insurance Regulatory Framework
Table 73: The Central African Republic - Insurance Premium Tax Rates
Table 74: The Central African Republic - Corporate Tax Rates for the Financial Year 2015
Table 75: The Central African Republic Insurance Market Share, 2013

List of Figures
Figure 1: The Central African Republic Insurance Gross Written Premium by Segment (XAF Million), 2010-2019
Figure 2: The Central African Republic Insurance Gross Written Premium Segment Dynamics by Segment, 2010-2019
Figure 3: The Central African Republic Insurance Direct Written Premium by Segment (XAF Million), 2010-2019
Figure 4: The Central African Republic Insurance Direct Written Premium Segment Dynamics by Segment, 2010-2019
Figure 5: The Central African Republic Life Insurance - Gross Written Premium (XAF Million), 2010-2014
Figure 6: The Central African Republic Life Insurance - Gross Written Premium (XAF Million), 2014-2019
Figure 7: The Central African Republic Life Insurance - Paid Claims (XAF Million), 2010-2014
Figure 8: Central African Life Insurance - Paid Claims (XAF Million), 2014-2019
Figure 9: The Central African Republic Life Insurance - Incurred Loss (XAF Million), 2010-2014
Figure 10: The Central African Republic Life Insurance - Incurred Loss (XAF Million), 2014-2019
Figure 11: The Central African Republic Life Insurance - Total Investment Income (XAF Thousand), 2010-2014
Figure 12: The Central African Republic Life Insurance - Total Investment Income (XAF Thousand), 2014-2019
Figure 13: The Central African Republic Life Insurance - Net Written Premium (XAF Million), 2010-2014
Figure 14: The Central African Republic Life Insurance - Net Written Premium (XAF Million), 2014-2019
Figure 15: The Central African Republic Life Insurance - Insurance Penetration (Ratio of Direct Premium to GDP), 2010-2014
Figure 16: The Central African Republic Life Insurance - Insurance Density (Direct Premium per Capita) (XAF), 2010-2014
Figure 17: The Central African Republic Non-Life Insurance - Gross Written Premium by Category (XAF Million), 2010-2019
Figure 18: The Central African Republic Non-Life Insurance - Gross Written Premium by Category (%), 2014 and 2019
Figure 19: The Central African Republic Non-Life Insurance - Gross Written Premium Dynamics by Category, 2010-2019
Figure 20: The Central African Republic Non-Life Insurance - Direct Written Premium by Category (XAF Million), 2010-2019
Figure 21: The Central African Republic Non-Life Insurance - Direct Written Premium by Category (%), 2014 and 2019
Figure 22: The Central African Republic Non-Life Insurance - Direct Written Premium Dynamics by Category, 2010-2019
Figure 23: The Central African Republic Non-Life Insurance - Paid Claims (XAF Billion), 2010-2014
Figure 24: The Central African Republic Non-Life Insurance - Paid Claims (XAF Million), 2014-2019
Figure 25: The Central African Republic Non-Life Insurance - Incurred Loss (XAF Million), 2010-2014
Figure 26: The Central African Republic Non-Life Insurance - Incurred Loss (XAF Billion), 2014-2019
Figure 27: The Central African Republic Non-Life Insurance - Loss Ratio (%), 2010-2014
Figure 28: The Central African Republic Non-Life Insurance - Loss Ratio (%), 2014-2019
Figure 29: The Central African Republic Non-Life Insurance - Combined Ratio (%), 2010-2014
Figure 30: The Central African Republic Non-Life Insurance - Combined Ratio (%), 2014-2019
Figure 31: The Central African Republic Non-Life Insurance - Total Investment Income (XAF Million), 2010-2014
Figure 32: The Central African Republic Non-Life Insurance - Total Investment Income (XAF Million), 2014-2019
Figure 33: The Central African Republic Non-Life Insurance - Net Written Premium (XAF Billion), 2010-2014
Figure 34: The Central African Republic Non-Life Insurance - Net Written Premium (XAF Billion), 2014-2019
Figure 35: The Central African Republic Non-Life Insurance - Total Investment (XAF Billion), 2010-2014
Figure 36: The Central African Republic Non-Life Insurance Penetration (Ratio of Direct Premium to GDP), 2010-2014
Figure 37: The Central African Republic Non-Life Insurance Density (Direct Premium per Capita) (XAF), 2010-2014
Figure 38: The Central African Republic Property Insurance - Gross Written Premium (XAF Million), 2010-2014
Figure 39: The Central African Republic Property Insurance - Gross Written Premium (XAF Million), 2014-2019
Figure 40: The Central African Republic Motor Insurance - Gross Written Premium (XAF Billion), 2010-2014
Figure 41: The Central African Republic Motor Insurance - Gross Written Premium (XAF Billion), 2014-2019
Figure 42: The Central African Republic Liability Insurance - Gross Written Premium (XAF Million), 2010-2014
Figure 43: The Central African Republic Liability Insurance - Gross Written Premium (XAF Million), 2014-2019
Figure 44: The Central African Republic Marine, Aviation and Transit Insurance - Gross Written Premium (XAF Million), 2010-2014
Figure 45: The Central African Republic Marine, Aviation and Transit Insurance - Gross Written Premium (XAF Million), 2014-2019
Figure 46: The Central African Republic Personal Accident and Health Insurance - Gross Written Premium (XAF Million), 2010-2014
Figure 47: The Central African Republic Personal Accident and Health Insurance - Gross Written Premium (XAF Million), 2014-2019
Figure 48: The Central African Republic Personal Accident and Health Insurance - Paid Claims (XAF Million), 2010-2014
Figure 49: The Central African Republic Personal Accident and Health Insurance - Paid Claims (XAF Million), 2014-2019
Figure 50: The Central African Republic Personal Accident and Health Insurance - Incurred Loss (XAF Million), 2010-2014
Figure 51: The Central African Republic Personal Accident and Health Insurance - Incurred Loss (XAF Million), 2014-2019
Figure 52: The Central African Republic Personal Accident and Health Insurance - Loss Ratio (%), 2010-2014
Figure 53: The Central African Republic Personal Accident and Health Insurance - Loss Ratio (%), 2014-2019
Figure 54: The Central African Republic Personal Accident and Health Insurance - Combined Ratio (%), 2010-2014
Figure 55: The Central African Republic Personal Accident and Health Insurance - Combined Ratio (%), 2014-2019
Figure 56: The Central African Republic Personal Accident and Health Insurance - Total Investment Income (XAF Million), 2010-2014
Figure 57: The Central African Republic Personal Accident and Health Insurance - Total Investment Income (XAF Million), 2014-2019
Figure 58: The Central African Republic Personal Accident and Health Insurance - Net Written Premium (XAF Million), 2010-2014
Figure 59: The Central African Republic Personal Accident and Health Insurance - Net Written Premium (XAF Million), 2014-2019
Figure 60: The Central African Republic Personal Accident and Health Insurance - Total Investment (XAF Million), 2010-2014
Figure 61: The Central African Republic Personal Accident and Health Insurance Penetration (Ratio of Direct Premium to GDP), 2010-2014
Figure 62: The Central African Republic Personal Accident and Health Insurance Density (Direct Premium per Capita) (XAF), 2010-2014
Figure 63: The Central African Republic Non-Life Insurance - Percentage of Premium Ceded (Excluding Retrocession), 2010-2014
Figure 64: The Central African Republic Non-Life Insurance - Percentage of Premium Ceded (Excluding Retrocession), 2014-2019
Figure 65: The Central African Republic Personal Accident and Health Insurance - Percentage of Premium Ceded (Excluding Retrocession), 2010-2014
Figure 66: The Central African Republic Personal Accident and Health Insurance - Percentage of Reinsurance Ceded (%), 2014-2019
Figure 67: The Central African Republic - Insurance Regulatory Framework
Figure 68: The Central African Republic - Insurance Supervision and Control at Various Levels
Figure 69: The Central African Republic - Insurance Regulatory Frameworks for Company Registration and Operation
Figure 70: The Central African Republic Insurance Market - Market Share 2012 and 2013
Figure 71: The Central African Republic GDP at Current Prices (US$ Billion), 2010-2014
Figure 72: The Central African Republic GDP Per Capita at Current Prices (US$), 2010-2014
Figure 73: The Central African Republic GDP at Constant Prices (US$ Billion), 2010-2014
Figure 74: The Central African Republic Inflation Rate (%), 2010-2014
Figure 75: The Central African Republic Life Expectancy (Years), 2010-2014
Figure 76: The Central African Republic Urban and Rural Populations (%), 2010-2014
Figure 77: The Central African Republic Total Population (Million), 2010-2014

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