Ivorian insurance market: evolution of premiums per class of business (2015-2019)

In thousands USD

Class of business	2015	2016	2017	2018	2019	2018-2019 evolution *	2019 shares
Motor	90 339	98 725	109 500	121 039	124 555	2,91%	18.57%
Bodily injury and health	75 238	76 350	96 579	116 637	122 136	4,71%	18.21%
Fire and other property damage	50 822	50 536	61 908	56 529	62 747	11,00%	9.36%
Marine	30 457	27 948	31 376	34 996	39 509	12,90%	5.89%
Third party liability	8 634	10 045	10 688	12 324	13 570	10,11%	2.02%
Miscellaneous accident	11 185	9 182	14 894	15 843	17 798	12,34%	2.65%
Acceptances	-	-	251	1 701	1 848	8,65%	0.28%
Total non-life	266 675	272 786	325 196	359 069	382 163	6,43%	56.98%
Life	199 059	214 940	269 590	269 878	288 515	6,91%	43.02%
Grand total	465 734	487 726	594 786	628 947	670 678	6,64%	100%

*Evolution in USD

Read also | Ivorian insurance market in 2020

In millions FCFA

Class of business	2015	2016	2017	2018	2019	2018-2019 evolution *	2019 shares
Motor	54 095	61 320	59 836	69 562	72 839	4.71%	18.57%
Bodily injury and health	45 053	47 422	52 776	67 033	71 425	6.55%	18.21%
Fire and other property damage	30 432	31 389	33 830	32 488	36 694	12.95%	9.36%
Marine	18 238	17 359	17 145	20 113	23 105	14.88%	5.89%
Third party liability	5 170	6 239	5 840	7 083	7 936	12.04%	2.02%
Miscellaneous accident	6 698	5 703	8 139	9 105	10 408	14.31%	2.65%
Acceptances	-	-	137	977	1 081	10.54%	0.28%
Total non-life	159 685	169 433	177 702	206 362	223 487	8.3%	56.98%
Life	119 197	133 503	147 317	155 102	168 722	8.78%	43.02%
Grand total	278 882	302 935	325 019	361 464	392 209	8.51%	100%

*Evolution in FCFA

Exchange rate FCFA/USD	2015	2016	2017	2018	2019
Exchange rate FCFA/USD	0.00167	0.00161	0.00183	0.00174	0.00171

Read also | Insurance companies in Côte d’Ivoire

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Tue, 04/05/2021 - 15:05

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