The turnover of the insurance market in Cameroon was 155.82 billion FCFA, as of June 30, 2024. The Association of Insurance Companies of Cameroon (ASAC) published its data in December 2024

The turnover of the insurance market in Cameroon amounts to 155.82 billion CFA francs, an increase of 5.66% year-on-year. According to information from ASAC, the non-life market posted a turnover of 108.29 billion FCFA with an increase of 4.52%, while the life and capitalization segment recorded 47.54 billion FCFA for an increase of 8.37%. The premiums paid to insured persons in the first half of 2024 represent 60.71% of the total benefits paid in 2023, or 125.32 billion FCFA. Also, according to ASAC, the premiums issued by the 27 insurance companies (life and non-life) operating in Cameroon represent 43.26% of their turnover in 2023, estimated at