BMI View: Ghana's insurance market is set to grow rapidly, albeit from a very low base. A number of large
regional providers have positioned themselves to take advantage of growth potential, primarily in the nonlife
sector, and we are gradually seeing a broadening in ..."
Timetric’s 'The Insurance Industry in Ghana, Key Trends and Opportunities to 2019' report provides detailed analysis of the market trends, drivers and challenges in the Ghanaian insurance industry.
It provides key performance ind ..."
BMI View: Ghana's insurance market is small by regional and global standards. However, it is growing
rapidly. Insurers are successfully utilising more innovative distribution channels, including the use of
mobile phones and other online services, to reach more househo ..."
BMI View: Ghana's insurance market will increasingly present opportunities to investors and new entrants
over the next few years as demand for life insurance and other important personal lines starts to grow from
a very low base. Another contributing factor will be th ..."
BMI View: Ghana is witnessed increasing demand for insurance as living standards and disposable
incomes rise and companies do more to market to low-income communities. This, coupled with
advancement in distribution strategies, is leading to steady growth in premiums, ..."
BMI View: In 2015 and the forecast period, the structurally high rate of inflation will boost revenues and
costs in GHS terms. Nevertheless, both major segments should achieve (near) double digit growth in 2015
and through the forecast period in USD terms. In the life ..."
BMI View: Ghana continues to provide a classic example of an insurance market that is expanding quickly
thanks to the provision of innovative and relevant products - in both major segments - by the insurers to
first time users. The opportunity is being recognised by f ..."
BMI View: Innovation by the insurers, in terms of products and distribution strategies, means that they are
reaching significant numbers of new users in both segments. Foreign (and, in particular, South African)
insurers view Ghana as an attractive commercial opportun ..."
The report provides in-depth industry analysis, information and insights into the insurance industry in Ghana, including:
The Ghanaian insurance industry's growth prospects by insurance segment and category
The competitive landscape in the Ghanaian ..."
The report provides in depth market analysis, information and insights into the insurance industry in Ghana, including:
The Ghanaian insurance industry's growth prospects by insurance segments and categories
The competitive land ..."