Country Dashboards

Population
208000
2016
GDP (USD)
$351 mn
2016
gdp/capita
$1,688
2016
Inflation rate
3.9%
2016

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: