Djibouti Insurance Market Report by Type (Life Insurance, Non-Life Insurance) 2025-2033

Djibouti Insurance Market Report by Type (Life Insurance, Non-Life Insurance) 2025-2033

Report Format: PDF+Excel | Report ID: SR112025A1878

Market Overview:

The Djibouti insurance market size reached USD 33.5 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 61.4 Million by 2033, exhibiting a growth rate (CAGR) of 6.63% during 2025-2033.

Report Attribute 
Key Statistics
Base Year
2024
Forecast Years
2025-2033
Historical Years
2019-2024
Market Size in 2024
USD 33.5 Million
Market Forecast in 2033
USD 61.4 Million
Market Growth Rate 2025-2033 6.63%


Insurance stands for a contractual arrangement offered by a firm providing a guarantee of reimbursement for any specified loss or damage. It provides financial protection and hedges the risks of any uncertain incidents. The Djibouti insurance market includes both life and non-life insurance (automobile, marine insurance, liability, others) policies. The insurance sector in the country is regulated by the insurance directorate at the Ministry of Economy and Finance.

The Djibouti insurance sector is expected to grow at a considerable pace owing to the improving socio-economic growth of the country, increasing penetration of international insurance companies, the launch of governmental insurance policies, and the bolstering port activities in the region. The Port of Djibouti is strategically located at the crossroads of one of the busiest shipping routes in the world, linking Europe, the Far East, the Horn of Africa, and the Persian Gulf, thereby propelling the trade activities. In Djibouti, the motor and cargo insurance has been made compulsory by the authorities; for instance, the COMESA Yellow Card Scheme is integrated with the regional network of automobile insurance companies, thereby bolstering the demand for non-life insurance policies. Additionally, the increasing disposable income levels, supported by several government insurance policies, are expected to propel the development of the personal insurance sector that will contribute to the overall insurance market in the region.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the Djibouti insurance market report, along with forecasts for the period 2025-2033. Our report has categorized the market based on type.

Breakup by Type:

  • Life Insurance
  • Non-life Insurance
    • Automobile Insurance
    • Fire Insurance
    • Marine & Cargo Insurance
    • Liability Insurance
    • Other Insurance

Competitive Landscape:

The report has also examined the competitive landscape of the market and some of the key players include AMERGA Assurance and GXA Assurances SA.

Report Coverages:

Report Features Details
Base Year of the Analysis 2024
Historical Period 2019-2024
Forecast Period 2025-2033
Units Million USD
Segment Coverage Type
Companies Covered AMERGA Assurance, GXA Assurances SA
Customization Scope 10% Free Customization
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The Djibouti insurance market was valued at USD 33.5 Million in 2024.

The Djibouti insurance market is projected to exhibit a CAGR of 6.63% from 2025-2033, reaching a value of USD 61.4 Million by 2033.

The Djibouti insurance market is driven by increasing economic development, rising awareness about financial protection, and expanding infrastructure investments. Growing demand for health, life, and motor insurance, coupled with supportive government initiatives and regulatory reforms, is further encouraging insurance penetration and fostering market growth across the country.

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Djibouti Insurance Market Report by Type (Life Insurance, Non-Life Insurance) 2025-2033
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