Insurance companies in Senegal: 2022 ranking
Ranking of non-life insurance companies in Senegal
Figures in thousands| Non-life insurers | 2022 turnover | 2021 2022 turnover | 2021-2022 evolution (1) | ||
|---|---|---|---|---|---|
| FCFA | USD | FCFA | USD | ||
| Axa | 22 726 000 | 37 043 | 21 173 000 | 36 629 | 7.33% |
| Amsa | 16 250 000 | 26 487 | 15 013 000 | 25 973 | 8.24% |
| Sanlam | 15 227 000 | 24 820 | 13 377 000 | 23 142 | 13.83% |
| PA | 15 195 000 | 24 768 | 14 157 000 | 24 492 | 7.33% |
| Nsia | 14 449 000 | 23 552 | 12 334 000 | 21 338 | 17.15% |
| Allianz | 13 447 000 | 21 919 | 13 329 000 | 23 059 | 0.89% |
| Askia | 12 540 000 | 20 440 | 11 333 000 | 19 606 | 10.65% |
| Sonam GA | 8 020 000 | 13 073 | 6 243 000 | 10 800 | 28.46% |
| Finafrica | 7 791 000 | 12 699 | 5 989 000 | 10 361 | 30.09% |
| Sunu | 7 201 000 | 11 738 | 7 667 000 | 13 264 | -6.08% |
| Wafa | 5 184 000 | 8 450 | 3 096 000 | 5 356 | 67.44% |
| La Providence | 5 084 000 | 8 287 | 4 489 000 | 7 766 | 13.25% |
| Cnart (2) | 4 728 000 | 7 707 | 4 922 000 | 8 515 | -3.94% |
| ASS | 3 153 000 | 5 139 | 3 619 000 | 6 261 | -12.88% |
| Saar | 3 141 000 | 5 120 | 2 473 000 | 4 278 | 27.01% |
| Sonac | 3 024 000 | 4 929 | 2 969 000 | 5 136 | 1.85% |
| Cnaas | 2 618 000 | 4 267 | 2 109 000 | 3 649 | 24.13% |
| Sonam Mutuelle | 955 000 | 1 557 | 1 809 000 | 3 130 | -47.21% |
| Maas | 141 000 | 230 | 132 000 | 228 | 6.82% |
| Total non-life | 160 874 000 | 262 225 | 146 233 000 | 252 983 | 10.01% |
(1) Growth rate in FCFA
(2) Estimated data
Exchange rate as at 31/12/2022 : 1 FCFA = 0.00163 USD ; as at 31/12/2021 : 1 FCFA = 0.00173 USD
Ranking of life insurance companies in Senegal
Figures in thousands| Non-life insurers | 2022 turnover | 2021 2022 turnover | 2021-2022 evolution (1) | ||
|---|---|---|---|---|---|
| FCFA | USD | FCFA | USD | ||
| Amsa Vie | 20 424 000 | 33 291 | 18 712 000 | 32 372 | 9.15% |
| Wafa Vie | 13 568 000 | 22 116 | 13 503 000 | 23 360 | 0.48% |
| Sonam Vie | 12 448 000 | 20 290 | 11 109 000 | 19 219 | 12.05% |
| Sunu Vie | 10 825 000 | 17 645 | 8 835 000 | 15 285 | 22.52% |
| Nsia Vie | 8 669 000 | 14 131 | 7 823 000 | 13 534 | 10.81% |
| Allianz Vie | 8 189 000 | 13 348 | 6 944 000 | 12 013 | 17.93% |
| Sonam Vie Mutuelle | 8 041 000 | 13 107 | 6 621 000 | 11 454 | 21.45% |
| Sen Vie | 3 188 000 | 5 196 | 2 901 000 | 5 019 | 9.89% |
| Saar Vie | 1 662 000 | 2 709 | 1 399 000 | 2 420 | 18.80% |
| Sanlam Vie | 1 129 000 | 1 840 | 1 010 000 | 1 747 | 11.78% |
| Total vie | 88 143 000 | 143 673 | 78 857 000 | 136 423 | 11.78% |
(1) Growth rate in FCFA
Exchange rate as at 31/12/2022 : 1 FCFA = 0.00163 USD ; as at 31/12/2021 : 1 FCFA = 0.00173 USD
Senegalese insurance market: turnover by branch
Figures in thousands| Non-life insurers | 2022 turnover | 2021 2022 turnover | 2021-2022 evolution (1) | ||
|---|---|---|---|---|---|
| FCFA | USD | FCFA | USD | ||
| Non-life | 160 874 000 | 262 225 | 146 233 000 | 252 983 | 10.01% |
| Life | 88 143 000 | 143 673 | 78 857 000 | 136 423 | 11.78% |
| Total life | 249 017 000 | 405 898 | 225 090 000 | 389 406 | 10.63% |
(1) Growth rate in FCFA
Exchange rate as at 31/12/2022 : 1 FCFA = 0.00163 USD ; as at 31/12/2021 : 1 FCFA = 0.00173 USD
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