Ivorian insurance market in 2025

May 18, 2026
Côte d'Ivoire map

Identity

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Surface area: 322 462 Km2
Population (1) (2025): 32 711 500 inhabitants
GDP (1) (2025): 98.885 billion USD
GDP per capita (2025): 3 023 USD
GDP growth rate (1) (2025): 6.5%
Inflation rate (1) (2024): 3.5%

(1) Source: Worldmeters.info
(2) Source: Datacommons.org

Ivorian insurance market: main indicators

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 2025
Turnover1 233 million USD
Penetration rate1.2%
Insurance density37.7 USD

Côte d'Ivoire: insurance market structure

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Market playersTotal 
Non-life insurance companies22
Life insurance companies12
Micro insurance company1
Reinsurance companies2
Insurance brokers341

Data as of 31/12/2025

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Supervisory authority
Ministry of Economy, Finance and Development Insurance Departmentwww.finances.gouv.ci
Professional body
Association des Sociétés d’Assurances de Côte d’Ivoire (ASACI)www.asaci.net

Ivorian insurance market: premium evolution

Figures in thousands

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Classes of businessTurnover 2025Turnover 2024Evolution 2024-2025 (1)Shares 2025
FCFAUSDFCFAUSD
Health119 800 000214 442105 300 000167 42713.80%17.40%
Motor113 100 000202 449108 600 000172 6744.10%16.40%
Fire and property damage82 300 000147 31776 400 000121 4767.70%11.90%
Bond11 800 00021 1225 200 0008 268126.90%1.70%
Marine11 700 00020 9439 700 00015 42320.60%1.70%
Bodily injury3 300 0005 9074 200 0006 678-21.40%0.50%
Other risks44 758 21880 11750 507 96880 308-11.40%6.50%
Total non-life386 758 218692 297359 907 968572 2547.50%56.10%
Total life302 043 692540 658266 675 558424 01413.30%43.90%
Grand total688 801 9101 232 955626 583 526996 2689.90%100%

(1) Growth rate in local currency
Exchange rate as at 31/12/2025: 1 FCFA = 0.00179 USD, at 31/12/2024: 1 FCFA = 0.00159 USD


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