New Market Report Now Available: The Insurance Industry in Burkina Faso, Key Trends and Opportunities to 2017
Burkina Faso has one of the smallest insurance industries in West Africa in terms of gross written premium. There were only 11 insurers and one reinsurance company operating in the country in 2011. Out of these 11, seven operated in the non-life insurance segment and four in the life insurance segment. The global financial crisis had an indirect effect on the Burkinabe insurance industry as Burkina Faso's economy is largely dependent on exports of cotton and gold. The financial crisis...
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