The 2009 results
The turnover of the Cameroonian insurance companies has reached 120 billion FCFA (267 million USD) in 2009, a considerable progression in comparison with the previous years: 109.5 billion FCFA (241 million USD) in 2008, 96 billion FCFA (219 million USD) in 2007. The market is dominated by motor insurance which accounts for more than 25% of the overall premiums (over 35% of the non-life premiums). The market's penetration rate would be around 2%.
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