Insurance companies in Burkina Faso: 2022 turnover
In thousands
| Insurers | 2022 turnover (1) | 2021 turnover (2) | 2021-2022 evolution (3) | 2022 shares | ||
|---|---|---|---|---|---|---|
| FCFA | USD | FCFA | USD | |||
| Non-life companies | ||||||
| Sanlam IARD | 18 401 301 | 29 994 | 15 570 053 | 26 936 | 18.18% | 12.86% |
| SONAR IARD | 13 175 035 | 21 475 | 11 662 892 | 20 177 | 12.97% | 9.21% |
| Coris Assurance | 11 304 971 | 18 427 | 9 379 628 | 16 227 | 20.53% | 7.90% |
| UAB IARD | 9 495 136 | 15 477 | 7 953 459 | 13 760 | 19.38% | 6.64% |
| Raynal IARD | 9 206 471 | 15 006 | 8 123 883 | 14 054 | 13.33% | 6.43% |
| SUNU IARD | 7 981 068 | 13 009 | 7 200 513 | 12 457 | 10.84% | 5.58% |
| GA IARD | 7 172 752 | 11 692 | 6 373 605 | 11 026 | 12.54% | 5.01% |
| Jackson Assurance | 2 616 393 | 4 265 | 2 119 624 | 3 667 | 23.44% | 1.83% |
| Yelen Assurance | 538 000 | 877 | 347 000 | 600 | 55.04% | 0.38% |
| Total non vie | 79 891 127 | 130 222 | 68 730 657 | 118 904 | 16.24% | 55.84% |
| Life companies | ||||||
| SONAR Vie | 16 074 541 | 26 202 | 15 027 613 | 25 998 | 6.97% | 11.23% |
| SUNU Vie | 15 787 577 | 25 734 | 13 967 513 | 24 164 | 13.03% | 11.03% |
| UAB Vie | 14 302 473 | 23 313 | 13 605 672 | 23 538 | 5.12% | 10.00% |
| Sanlam Vie | 6 428 534 | 10 478 | 5 390 846 | 9 326 | 19.25% | 4.49% |
| CORIS Vie | 5 517 202 | 8 993 | 3 696 647 | 6 395 | 49.25% | 3.86% |
| CIF Vie | 3 241 710 | 5 284 | 2 755 409 | 4 767 | 17.65% | 2.27% |
| GA Vie | 1 828 233 | 2 980 | 1 699 035 | 2 939 | 7.60% | 1.28% |
| Total vie | 63 180 270 | 102 984 | 56 142 735 | 97 127 | 12.54% | 44.16% |
| Grand total | 143 071 397 | 233 206 | 124 873 392 | 216 031 | 14.57% | 100% |
(1) Provisional figures
(2) Updated figures
(3) Growth rate in FCFA
Exchange rate as at 31/12/2022 : 1 FCFA = 0.00163 USD ; at 31/12/2021 : 1 FCFA = 0.00173 USD
Read also | Burkina Faso insurance market
