4 Industry Outlook
4.1 Industry Indicators
4.1.1 Direct written premium
4.1.2 Insurance density
4.1.3 Paid claims
5 Life Insurance Outlook
5.1 Segment Indicators
5.1.1 Direct written premium
5.1.2 Penetration
5.1.3 Assets and Investments
6 General Insurance Outlook
6.1 Segment Indicators
6.1.1 Gross written premium
6.1.2 Direct written premium
6.1.3 Paid claims
6.1.4 Penetration
6.1.5 Loss ratio
6.1.6 Assets and Investments
6.2 Property Insurance
6.2.1 Direct written premium
6.2.2 Penetration
6.2.3 Profitability
6.3 Motor Insurance
6.3.1 Direct written premium
6.3.2 Penetration
6.3.3 Profitability
6.4 Liability Insurance
6.4.1 Direct written premium
6.4.2 Penetration
6.4.3 Profitability
6.5 Marine, Aviation and Transit Insurance
6.5.1 Direct written premium
6.5.2 Penetration
6.5.3 Profitability
6.6 Personal Accident and Health Insurance
6.6.1 Direct written premium
6.6.2 Penetration
6.6.3 Profitability
6.7 Miscellaneous
6.7.1 Direct written premium
6.7.2 Penetration
6.7.3 Profitability
10 Competitive Landscape
10.1 Company Profiles
10.1.1 Groupement Togolias d’Assurances Vie - company overview
10.1.2 Nouvelle Société Interafricaine d'Assurance Group - company overview
10.1.3 Saham insurance- company overview
10.1.4 Sunu Assurances IARD - company overview
10.1.5 Groupement Togolias d’Assurances (GTA-C2A) - company overview
11 Governance, Risk and Compliance
11.1 Legislation Overview and Historical Evolution
11.2 Latest Changes in Regulation
11.3 Legislation and Market Practice by Type of Insurance
11.3.1 Life insurance
11.3.2 Property insurance
11.3.3 Motor insurance
11.3.4 Liability insurance
11.3.5 Marine, aviation and transit insurance
11.3.6 Personal accident and health insurance
11.4 Compulsory Insurance
11.4.1 Motor third-party liability insurance
11.4.2 Professional indemnity insurance for insurance intermediaries
11.4.3 Worker’s Compensation
11.5 Supervision and Control
11.5.1 International Association of Insurance Supervisors
11.5.2 Commission Regional des Assurances
11.5.3 Direction Nationale des Assurances
11.6 Non-Admitted Insurance Regulations
11.6.1 Overview
11.6.2 Intermediaries
11.6.3 Market practices
11.6.4 Fines and Penalties
11.7 Company Registration and Operations
11.7.1 Type of insurance organization
11.7.2 Establishing a local company
11.7.3 Foreign ownership
11.7.4 Types of license
11.7.5 Capital requirements
11.7.6 Solvency margin
11.7.7 Reserve requirements
11.7.8 Investment regulations
11.7.9 Statutory return requirements
11.7.10 Fee structure
11.8 Taxation
11.8.1 Insurance premium or policy taxation
11.8.2 Withholding taxes on premium paid overseas
11.8.3 Corporate tax
11.8.4 VAT
11.8.5 Captives
11.9 Legal System
11.9.1 Introduction
11.9.2 Access to court
11.9.3 Alternative dispute resolution
12 Databook
12.1 Life Insurance
12.1.1 Policies and premium
12.1.2 Claims and expenses
12.1.3 Assets and investments
12.2 General Insurance
12.2.1 Policies and premium
12.2.2 Claims and expenses
12.2.3 Assets and investments
12.2.4 Property insurance
12.2.5 Property insurance by category
12.2.6 Motor insurance
12.2.7 Motor insurance by category
12.2.8 Liability insurance
12.2.9 Marine, aviation and transit insurance
12.2.10 Marine Aviation and Transit Insurance by category
12.2.11 Personal Accident and Health Insurance
12.2.12 Miscellaneous
13 Definitions and Methodology
13.1 Definitions
13.2 Methodology
14 About
14.1 Contact
14.2 About
14.3 Services
14.4 Disclaimer
List of Tables
Table 1: Togolese Insurance Industry - Key Facts, 2017
Table 2: Togolese Insurance Industry - Segment Shares of the Top Insurers, 2016
Table 3: Togolese Insurance Industry - Direct Written Premium (XOF Billion and US$ Million), 2013-2017
Table 4: Togolese Insurance Industry - Direct Written Premium (XOF Billion and US$ Million), 2017-2022
Table 5: Togolese Insurance Industry - Density (XOF), 2013-2017
Table 6: Togolese Insurance Industry - Density (XOF), 2017-2022
Table 7: Togolese Insurance Industry - Paid Claims (XOF Billion and US$ Million), 2013-2017
Table 8: Togolese Insurance Industry - Paid Claims (XOF Billion and US$ Million), 2017-2022
Table 9: Togolese Life Insurance - Direct Written Premium (XOF Billion and US$ Million), 2013-2017
Table 10: Togolese Life Insurance - Direct Written Premium (XOF Billion and US$ Million), 2017-2022
Table 11: Togolese Life Insurance - Paid Claims (XOF Billion and US$ Million), 2013-2017
Table 12: Togolese Life Insurance - Paid Claims (XOF Billion and US$ Million), 2017-2022
Table 13: Togolese Life Insurance - Total Investment Income (XOF Billion and US$ Million), 2013-2017
Table 14: Togolese Life Insurance - Total Investment Income (XOF Billion and US$ Million), 2017-2022
Table 15: Togolese Life Insurance - Investment Portfolio (XOF Billion), 2013-2017
Table 16: Togolese Life Insurance - Investment Portfolio (XOF Billion), 2017-2022
Table 17: Togolese General Insurance - Gross Written Premium (XOF Billion and US$ Million), 2013-2017
Table 18: Togolese General Insurance - Gross Written Premium (XOF Billion and US$ Million), 2017-2022
Table 19: Togolese General Insurance - Direct Written Premium (XOF Billion and US$ Million), 2013-2017
Table 20: Togolese General Insurance - Direct Written Premium (XOF Billion and US$ Million), 2017-2022
Table 21: Togolese General Insurance - Paid Claims (XOF Billion and US$ Million), 2013-2017
Table 22: Togolese General Insurance - Paid Claims (XOF Billion and US$ Million), 2017-2022
Table 23: Togolese General Insurance - Total Investment Income (XOF Billion and US$ Million), 2013-2017
Table 24: Togolese General Insurance - Total Investment Income (XOF Billion and US$ Million), 2017-2022
Table 25: Togolese General Insurance - Investment Portfolio (XOF Billion), 2013-2017
Table 26: Togolese General Insurance - Investment Portfolio (XOF Billion), 2017-2022
Table 27: Togolese Property Insurance - Direct Written Premium (XOF Billion and US$ Million), 2013-2017
Table 28: Togolese Property Insurance - Direct Written Premium (XOF Billion and US$ Million), 2017-2022
Table 29: Togolese Property Insurance - Loss Ratio (%), 2013-2017
Table 30: Togolese Property Insurance - Loss Ratio (%), 2017-2022
Table 31: Togolese Motor Insurance - Direct Written Premium (XOF Billion and US$ Million), 2013-2017
Table 32: Togolese Motor Insurance - Direct Written Premium (XOF Billion and US$ Million), 2017-2022
Table 33: Togolese Motor Insurance - Loss Ratio (%), 2013-2017
Table 34: Togolese Motor Insurance - Loss Ratio (%), 2017-2022
Table 35: Togolese Liability Insurance - Direct Written Premium (XOF Million and US$ Million), 2013-2017
Table 36: Togolese Liability Insurance - Direct Written Premium (XOF Million and US$ Million), 2017-2022
Table 37: Togolese Liability Insurance - Loss Ratio (%), 2013-2017
Table 38: Togolese Liability Insurance - Loss Ratio (%), 2017-2022
Table 39: Togolese Marine, Aviation and Transit Insurance - Direct Written Premium (XOF Billion and US$ Million), 2013-2017
Table 40: Togolese Marine, Aviation and Transit Insurance - Direct Written Premium (XOF Billion and US$ Million), 2017-2022
Table 41: Togolese Marine, Aviation and Transit Insurance - Loss Ratio (%), 2013-2017
Table 42: Togolese Marine, Aviation and Transit Insurance - Loss Ratio (%), 2017-2022
Table 43: Togolese Personal Accident and Health Insurance - Direct Written Premium (XOF Billion and US$ Million), 2013-2017
Table 44: Togolese Personal Accident and Health Insurance - Direct Written Premium (XOF Billion and US$ Million), 2017-2022
Table 45: Togolese Personal Accident and Health Insurance - Loss Ratio (%), 2013-2017
Table 46: Togolese Personal Accident and Health Insurance - Loss Ratio (%), 2017-2022
Table 47: Togolese Miscellaneous - Direct Written Premium (XOF Million and US$ Million), 2013-2017
Table 48: Togolese Miscellaneous - Direct Written Premium (XOF Million and US$ Million), 2017-2022
Table 49: Togolese Miscellaneous - Loss Ratio (%), 2013-2017
Table 50: Togolese Miscellaneous - Loss Ratio (%), 2017-2022
Table 51: Togolese Reinsurance - Premium Ceded by Insurance Segment (XOF Billion), 2013-2017
Table 52: Togolese Reinsurance - Premium Ceded by Insurance Segment (XOF Billion), 2017-2022
Table 53: Togolese Insurance Industry - Market Shares of Leading Insurers (%), 2016
Table 54:Togolese Life Insurance Segment - Market Shares of Leading Insurers (%), 2016
Table 55:Togolese General Insurance Segment - Market Shares of Leading Insurers (%), 2016
Table 56: Groupement Togolais d'Assurances Vie - Key Facts
Table 57: Nouvelle Société Interafricaine d'Assurance Group - Key Facts
Table 58: Saham Assurance - Key Facts
Table 59: Sunu Assurances IARD Togo - Key Facts
Table 60: Groupement Togolais d'Assurances Vie - Key Facts
Table 61: Togo - Insurance Regulatory Framework Key Features
Table 62: Togo - Insurance Intermediary Remuneration
Table 63: Togo - Life Insurance Regulatory Framework
Table 64: Togo - Property Insurance Regulatory Framework
Table 65: Togo- Motor Insurance Regulatory Framework
Table 66: Togo - Liability Insurance Regulatory Framework
Table 67: Togo - Insurance Premium Tax Rates
Table 68: Togo - Corporate Tax Rates for the Financial Year 2017
Table 69: Togolese Life Insurance - Policies and Premium, 2013-2017
Table 70: Togolese Life Insurance - Policies and Premium, 2017-2022
Table 71: Togolese Life Insurance - Claims and Expenses, 2013-2017
Table 72: Togolese Life Insurance - Claims and Expenses, 2017-2022
Table 73: Togolese Life Insurance - Assets and Investments, 2013-2017
Table 74: Togolese Life Insurance - Assets and Investments, 2017-2022
Table 75: Togolese General Insurance - Policies and Premium, 2013-2017
Table 76: Togolese General Insurance - Policies and Premium, 2017-2022
Table 77: Togolese General Insurance - Claims and Expenses, 2013-2017
Table 78: Togolese General Insurance - Claims and Expenses, 2017-2022
Table 79: Togolese General Insurance - Assets and Investments, 2013-2017
Table 80: Togolese General Insurance - Assets and Investments, 2017-2022
Table 81: Togolese General Insurance - Property Insurance, 2013-2017
Table 82: Togolese General Insurance - Property Insurance, 2017-2022
Table 83: Togolese General Insurance - Property Insurance by Category, 2013-2017
Table 84: Togolese General Insurance - Property Insurance by Category, 2017-2022
Table 85: Togolese General Insurance - Motor Insurance, 2013-2017
Table 86: Togolese General Insurance - Motor Insurance, 2017-2022
Table 87: Togolese General Insurance - Motor Insurance by Category, 2013-2017
Table 88: Togolese General Insurance - Motor Insurance by Category, 2017-2022
Table 89: Togolese General Insurance - Liability Insurance, 2013-2017
Table 90: Togolese General Insurance - Liability Insurance, 2017-2022
Table 91: Togolese General Insurance - Marine, Aviation and Transit Insurance, 2013-2017
Table 92: Togolese General Insurance - Marine, Aviation and Transit Insurance, 2017-2022
Table 93: Togolese General Insurance - Marine Aviation and Transit Insurance by Category, 2013-2017
Table 94: Togolese General Insurance - Marine Aviation and Transit Insurance by Category, 2017-2022
Table 95: Togolese General Insurance - Personal Accident and Health Insurance, 2013-2017
Table 96: Togolese General Insurance - Personal Accident and Health Insurance, 2017-2022
Table 97: Togolese General Insurance - Miscellaneous, 2013-2017
Table 98: Togolese General Insurance - Miscellaneous, 2017-2022
Table 99: Insurance Industry Definitions
List of Figures
Figure 1: Togolese Real GDP (XOF Trillion), 2013-2022
Figure 2: Togolese Exchange Rate (XOF per US$), 2013-2022
Figure 3: Togolese Consumer Price Inflation (%), 2013-2022
Figure 4: Togolese Current Account Balance as Percentage of GDP (%), 2013-2022
Figure 5: Togolese Unemployment Rate, 2013-2022
Figure 6: Togolese Population by Age Group, 2013-2022
Figure 7: Togolese Insurance Industry - Direct Written Premium (XOF Billion), 2013-2022
Figure 8: Togolese Insurance Industry - Density (XOF), 2013-2022
Figure 9: Togolese Insurance Industry - Paid Claims (XOF Billion), 2013-2022
Figure 10: Togolese Life Insurance - Direct Written Premium (XOF Billion), 2013-2022
Figure 11: Togolese Life Insurance - Paid Claims (XOF Billion), 2013-2022
Figure 12: Togolese Life Insurance - Penetration (%), 2013-2017
Figure 13: Togolese Life Insurance - Penetration (%), 2017-2022
Figure 14: Togolese Life Insurance - Total Investment Income (XOF Billion), 2013-2022
Figure 15: Togolese Life Insurance - Investment Portfolio (XOF Billion), 2013-2022
Figure 16: Togolese Life Insurance - Investment Portfolio Dynamics (XOF Billion), 2013-2022
Figure 17: Togolese General Insurance - Gross Written Premium (XOF Billion), 2013-2022
Figure 18: Togolese General Insurance - Direct Written Premium (XOF Billion), 2013-2022
Figure 19: Togolese General Insurance - Paid Claims (XOF Billion), 2013-2022
Figure 20: Togolese General Insurance - Penetration (%), 2013-2017
Figure 21: Togolese General Insurance - Penetration (%), 2017-2022
Figure 22: Togolese General Insurance - Loss Ratio (%), 2013-2017
Figure 23: Togolese General Insurance - Loss Ratio (%), 2017-2022
Figure 24: Togolese General Insurance - Total Investment Income (XOF Billion), 2013-2022
Figure 25: Togolese General Insurance - Investment Portfolio (XOF Billion), 2013-2022
Figure 26: Togolese General Insurance - Investment Portfolio Dynamics (XOF Billion), 2013-2022
Figure 27: Togolese Property Insurance - Direct Written Premium (XOF Billion), 2013-2022
Figure 28: Togolese Property Insurance - Penetration (%), 2013-2017
Figure 29: Togolese Property Insurance - Penetration (%), 2017-2022
Figure 30: Togolese Property Insurance - Earned Premium, Incurred Loss and Loss Ratio (XOF Billion and %), 2013-2022
Figure 31: Togolese Motor Insurance - Direct Written Premium (XOF Billion), 2013-2022
Figure 32: Togolese Motor Insurance - Penetration (%), 2013-2017
Figure 33: Togolese Motor Insurance - Penetration (%), 2017-2022
Figure 34: Togolese Motor Insurance - Earned Premium, Incurred Loss and Loss Ratio (XOF Billion and %), 2013-2022
Figure 35: Togolese Liability Insurance -Direct Written Premium (XOF Billion), 2013-2022
Figure 36: Togolese Liability Insurance - Penetration (%), 2013-2017
Figure 37: Togolese Liability Insurance - Penetration (%), 2017-2022
Figure 38: Togolese Liability Insurance - Earned Premium, Incurred Loss and Loss Ratio (XOF Billion and %), 2013-2022
Figure 39: Togolese Marine, Aviation and Transit Insurance - Direct Written Premium (XOF Billion), 2013-2022
Figure 40: Togolese Marine, Aviation and Transit Insurance - Penetration (%), 2013-2017
Figure 41: Togolese Marine, Aviation and Transit Insurance - Penetration (%), 2017-2022
Figure 42: Togolese Marine, Aviation and Transit Insurance - Earned Premium, Incurred Loss and Loss Ratio (XOF Billion and %), 2013-2022
Figure 43: Togolese Personal Accident and Health Insurance - Direct Written Premium (XOF Billion), 2013-2022
Figure 44: Togolese Personal Accident and Health Insurance - Penetration (%), 2013-2017
Figure 45: Togolese Personal Accident and Health Insurance - Penetration (%), 2017-2022
Figure 46: Togolese Personal Accident and Health Insurance - Earned Premium, Incurred Loss and Loss Ratio (XOF Billion and %), 2013-2022
Figure 47: Togolese Miscellaneous - Direct Written Premium (XOF Million), 2013-2022
Figure 48: Togolese Miscellaneous - Penetration (%), 2013-2017
Figure 49: Togolese Miscellaneous - Penetration (%), 2017-2022
Figure 50: Togolese Miscellaneous - Earned Premium, Incurred Loss and Loss Ratio (XOF Billion and %), 2013-2022
Figure 51: Togolese Reinsurance - Premium Ceded by Insurance Segment (XOF Billion), 2013-2022
Figure 52: Togolese Life Insurance - Percentage of Reinsurance Ceded (%), 2013-2022
Figure 53: Togolese General Insurance - Percentage of Reinsurance Ceded (%), 2013-2022
Figure 54: Togolese Insurance Industry - Market Shares of Leading Insurers (%), 2016
Figure 55: Togolese Life Insurance Segment - Market Shares of Leading Insurers (%), 2016
Figure 56: Togolese General Insurance Segment - Market Shares of Leading Insurers (%), 2016
Figure 57: Togo - Insurance Supervision and Control at Various Levels
Figure 58: Togo - Insurance Regulatory Frameworks for Company Registration and Operation