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Home Country Coverage Mauritania

Mauritania

Mauritania

Insurance Intelligence

Providing expert analysis, independent market insight and company data on the insurance industry.

Insurance market reports are produced following a country visit with interviews with professionals working in the sector with systematic updates to information throughout the cycle. Covering market developments, macroeconomic factors and comprehensive details of the regulatory environment including relevant taxation as well as market indicators and company statistics.

Axco’s Mauritania Non-Life Insurance Market Report (P&C) also comprises a detailed analysis of lines of business and sub-classes such as natural hazards, property, construction and machinery breakdown, motor, workers compensation & employers’ liability and liability.

The Life & Benefits Report for Mauritania includes detail on social security, healthcare, individual life assurance and pensions information as well as market statistics and life company statistics

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Information for Mauritania can be seen in:

Insurance Market Reports (Non-Life) Insurance Market Reports (Life & Benefits) Global Statistics Regulatory Alerts Market Profiles Insight Compliance Compliance Point Clinical Trials Axco API Insight Risk Manager

Country Information

Time-zone
Capital city
Currency
Population
Real GDP growth (%)
Inflation (%)
Total GWP (USD)
Insurance Penetration (%)
GMT +0
Nouakchott
MRO
4.78 mn (2020)
6,338.47 mn
2.33%
8,104.53
0.49

The Mauritanian non-life insurance market remains relatively small and undeveloped. In 2016, when total gross written premiums were MRU 8.10bn. Potential for the market is strong given the scale of natural resources in the country, which will fuel economic growth, but the market is being held back by a number of factors.

There are 14 insurers in the market, most of which are composites. Traditionally insurance was sold directly by insurers' own offices, but there are now three main insurance brokers operating, with diversified portfolios.

 

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