OLEA is in Gabon with its subsidiary Afrik Assur

Olea, the panafrican
insurance broker

Gabon

GECAR SA ASSURANCES

Managing Director: Aldo GIGLIO

 

Biography:

Holder of a BTS of Management, Aldo began his career in 1983 as an account executive with the company GAN for Industrial risks in Property and Liability as well as Life insurance and then he joined the brokerage firm ASTRAL in Nice in 1984 as a commercial specialized in Health Insurance. He moved to Gabon in 1995 to create and manage the brokerage firm GECAR.

 

The Subsidiary 

  • Date of creation: 1995
  • Address: BP 409 Libreville
  • Number of employees: 22
  • Spoken languages: French - English
  • Contact: gabon@olea-assurance.com

 Expertises

 

 

Natural Resources 

 

Media & Communication Technologies

 

Transport

 

Industrial Risks

 

 

 

Country Information

 

- Population: 1,9 millions
- GDP per Capita: 7 453 $
- GDP's growth in 2017: 0,8%
- GDP's growth in 2018: 2,7% (prev)  

 

 

 

 

 

(source www.coface.com)

 

Strengths of the Economy

 

- 5th largest oil producer in sub-Saharan Africa; 2nd African producer of wood; rank of 1st world producer of coveted manganese
- Efforts to diversify the economy undertaken under the "Emerging Gabon" plan
- Stability of the CFA franc

 

 (source www.coface.com)

 

 

Insurance Market

 

- Size of the market in million:

116 758,11 XAF - 197,4 USD
- Insurance Penetration Rate (% of the GDP): 1,38
- 7 non life insurance companies

 

 

 

 

 

(source www.axco.co.uk)

 

 

 

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