Africa: 2016 ranking of insurance companies in the FANAF zone according to shareholder’s equity

FANAF insurance market: top 10 insurers according to 2016 shareholder equity

in thousands FCFA
Ranking (1)CompanyClass of businessCountryShareholder’s equity 2016Share capital 2016
20162015
11Assurances et Réassurances OmnibranchesNLMDG41 246 4161 325 724
22Assurances Industrielles et CommercialesNLGAB11 621 2005 000 000
34SAHAM Assurance CINLCIV11 598 0043 000 000
43SAHAM Assurance VieLCIV11 414 6242 000 000
55SONAM Assurances Vie MutuelleLSEN10 675 8611 500 000
66SONAM MutuelleNVSEN9 784 0404 207 649
78L'Africaine des AssurancesNLBEN9 750 8142 000 000
89ALLIANZ Cameroun Assurances NLCMR7 985 2366 000 000
910Société Ivoirienne d'Assurances MutuellesNLCIV7 443 473800 000
1011CHANAS AssurancesNLCMR7 101 4156 051 116
(1) Rankings revised as at 31/12/2016
L : Life insurance company NL : Non-life insurance company

FANAF insurance market in 2016: shareholder’s equity and share capital in USD

in thousands USD
Ranking (1)CompanyClass of businessCountryShareholder’s equity 2016Share capital 2016
20162015
11Assurances et Réassurances OmnibranchesNLMDG66 3242 132
22Assurances Industrielles et CommercialesNLGAB18 6878 040
34SAHAM Assurance CINLCIV18 6504 824
43SAHAM Assurance VieLCIV18 3553 216
55SONAM Assurances Vie MutuelleLSEN17 1672 412
66SONAM MutuelleNLSEN15 7336 766
78L'Africaine des AssurancesNLBEN15 6793 216
89ALLIANZ Cameroun Assurances NLCMR12 8409 648
910Société Ivoirienne d'Assurances MutuellesNLCIV11 9691 286
1011CHANAS AssurancesNLCMR11 4199 730
(1) Rankings revised as at 31/12/2016
L : Life insurance company NL : Non-life insurance company
Exchange rate FCFA/USD as at 31/12/2016 : 1 FCFA = 0,001608 USD
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