African non-life premiums stand at $20.4bn

Non-life premiums in Africa amounted to $20.4bn in 2015, according
to a report released today by consultancy Dr Schanz, Alms &
Company.
The report found that the $20.4bn represented about 1 percent of
global non-life premiums.
Net of inflation, the Republic of Congo, Ghana and Kenya
recorded the steepest growth of non-life insurance premiums from
2011 to 2015.
While the rationale was not provided, a Dr Schanz, Alms &
Company spokesperson explained that infrastructure investment and
devel