Country Dashboards

Population
223000
2021
GDP (USD)
US$520 mn
2021
gdp/capita
US$2,332
2021
Inflation rate
8.1%
2021

Insurance Premiums

Total Premiums

Regulatory Provisions

Scope of insurance regulation and supervision
Overarching principle in insurance supervision unknown
Requirement for minimum insurance rates unknown
Cross-border insurance allowed
Licensing
Bancassurance is allowed unknown
Allowed ownership structures
Foreign ownership restrictions unknown
Minimum capital requirement
Minimum paid-up share capital
Requirement for independent audits unknown
Requirement to appoint actuaries unknown
Premium rate approval needed unknown
On-Going Supervision
Solvency referred to as the difference between assets and liabilities unknown
RBC (Risk-based capital) principles applied unknown
Ceded reinsurance is regarded as a permissible asset unknown
Compulsory insurance lines
Compulsory reinsurance cessions unknown
Insurance companies in difficulties
Established guarantee or policyholder protection fund unknown
The Africa Re office that supports this location is: