Insurance Industry in Togo, Key Trends, Forecasts and Opportunities to 2021

Albany, US, 2017-Jul-05 — /EPR Network/ — “The Insurance Industry in Togo, Key Trends and Opportunities to 2021” report added by Market Research HUB provides detailed analysis of the market trends, drivers and challenges in the Togolese insurance industry.

It provides key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, total assets, total investment income and retentions during the review period (20122016) and forecast period (20162021).

The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the Togolese economy and demographics, and provides detailed information on the competitive landscape in the country.

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The report brings together Timetrics research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulations, and recent changes in the regulatory structure.

Summary
Timetrics ‘The Insurance Industry in Togo, Key Trends and Opportunities to 2021’ report provides in-depth market analysis, information and insights into the Togolese insurance industry, including:

– The Togolese insurance industry’s growth prospects by segment and category
– A comprehensive overview of Togolese economy and demographics
– The detailed competitive landscape in the Togolese insurance industry
– The various distribution channels in the Togolese insurance industry
– Detailed regulatory policies of the Togolese insurance industry
– Analysis of natural hazards in Togolese insurance industry

Scope
This report provides a comprehensive analysis of the insurance industry in Togo:

It provides historical values for the Togolese insurance industry for the reports 20122016 review period, and projected figures for the 20162021 forecast period.

It offers a detailed analysis of the key segments in the Togolese insurance industry, along with market forecasts until 2021.

It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, combined ratio, total assets, total investment income and retentions.

It analyzes the various distribution channels in Togo.

It profiles the top insurance companies in Togo and outlines the key regulations affecting them.

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Reasons To Buy
Make strategic business decisions using in-depth historic and forecast market data related to the Togolese insurance industry and each segment and category within it.

Understand the demand-side dynamics, key market trends and growth opportunities in the Togolese insurance industry.

Assess the competitive dynamics in the Togolese insurance industry.

Identify the growth opportunities and market dynamics in key segments.

Gain insights into key regulations governing the Togolese insurance industry and their impact on companies and the industry’s future.

Key Highlights
On December 31, 2014, the Commission Rgional des Assurances implemented a regulation to prevent insurers from misleading customers about a guaranteed minimum return rate in life insurance contracts. According to the circular, indicating guaranteed rates in the form of gross rates and sampling rates is misleading.

Floods are a major challenge for Togolese insurers, as three large basins make Togo vulnerable to flooding

On July 26, 2014, the Commission Rgionale de Contrle des Assurances (CRCA) issued regulations prohibiting insurers from transacting with unauthorized intermediaries.

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