Cameroon:Insurance sector posts 5% growth in premiums in 2024

By MEIR team | 22 Feb 2026

Africa Property & Casualty Financial Performance Life & Health

Cameroon's insurance market reached a new milestone in the 2024 financial year, achieving a total revenue (premiums written) of FCFA288.7bn ($519m), according to data released by the Ministry of Finance. This performance represents a 5.1% growth compared to 2023, when premium revenue was around FGFA274.6bn.

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