Covid-19: Burkina Faso's insurers show resilience

The Burkinabe insurance market seems to show resilience in the face of the health crisis notably by setting up Business continuity plans (BCP).

In 2020, the sector's overall production increased by 14.4% set at 108.4 billion FCFA (202.97 million USD) against 94.7 billion FCFA in 2019.

The non-life premiums reached 61.9 billion FCFA (115.9 million USD) compared to 46.5 billion FCFA (87.07 million USD) in life insurance.