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Insurance: A sector exploited in the DRC

21/02/2023
Source : ORISHAS FINANCE
Categories: Sectors

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During a press briefing held on Saturday, February 18, 2023 in Kinshasa as a prelude to the 47th General Assembly of the Federation of African National Insurance Companies (FANAF), the President of Fédé According to ANAF, César Ekomie Afene announced that the potential of the insurance market in the Democratic Republic of Congo (DRC) has not been sufficiently exploited.

Ekomie Afene announced that the insurance market in the Democratic Republic of Congo (DRC) includes 7 non-life insurance companies, 3 life insurance companies, 2 reinsurance companies, and 27 insurance intermediaries. According to César Ekomie Afene, member markets belonging to the Inter-African Insurance Markets Conference (CIMA) zone recorded overall growth despite an inflationary economic environment in terms of premiums issued in 2021, a total of 1,500.3 billion CFA francs compared with 1,356.5 billion in 2020, representing an increase of 10.6% for the zone.

President Vincent Mwepu of the Association of Insurance and Reinsurance Companies ASAR RDC believes that the 47th General Assembly of the Federation of African National Insurance Companies (FANAF) intends Raise awareness among its members on Monday about issues that deserve joint consideration in the interest of the insurance industry.

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