SUNU, 2016 results
The SUNU group reported 2.285 billion FCFA (3.67 million USD) in net consolidated result in 2016, quite below the 2015 figures set at 4.763 billion FCFA (7.93 million USD). The group’s turnover has, nonetheless, progressed by 27.42%, going from 99.172 billion FCFA (165.2 million USD) in 2015 up to 126.361 billion FCFA (203.2 million USD) one year later.
It is non-life insurance that drives the results with a growth rate of 88.52% at 43.554 billion FCFA (70 million USD). With a premium volume worth 82.807 billion FCFA (133.15 million USD), life insurance reported a more moderate growth of 20.57%.
The group’s shareholder’s equity improved by 7.15% at 41.157 billion FCFA (66.18 million USD) in late 2016. Set up in 1998, SUNU group is operational in 14 countries of West and Central Africa.
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