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Insurance industry in Côte d'Ivoire: 2017 turnover per company and class of business

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Magazine Issue: 
Reinsurance in a stalemate [3]
Magazine date: 
Nov 2018

The insurance industry in Côte d'Ivoire: 2017 turnover per life insurance company

in thousands
 2017 turnover2016 turnover2017 market shares2016-2017 evolution (1)
 In FCFAIn USDIn FCFAIn USD
SUNU VIE
48 742 93689 20043 879 46070 55833.09%11.08%
NSIA VIE
28 853 11152 80126 230 50842 17919.59%10.00%
SAHAM VIE
23 510 88143 02520 667 00033 23315.96%13.76%
ALLIANZ VIE
20 857 32538 16918 725 34130 11014.16%11.39%
LA LOYALE VIE
9 016 26916 5009 330 42815 0036.12%-3.37%
BELIFE
7 275 43013 3146 665 53610 7184.94%9.15%
AA VIE
4 970 1739 0954 035 1906 4893.37%23.17%
SOMAVIE
2 204 2294 0342 592 2984 1691.50%-14.97%
AAA VIE
1 249 3812 286861 4411 3850.85%45.03%
SAAR VIE
594 6351 088515 7368290.38%15.30%
AXA VIE
42 48178--0.03%-
Total
147 316 851269 590133 502 938214 673100.00%10.35%
(1) Growth rate in local currency

The insurance industry in Côte d'Ivoire: 2017 turnover per life insurance company and per class of business

in thousands USD
 Individual life insuranceGroup life insuranceAcceptanceTotal
SUNU VIE
38 24249 9571 00189 200
NSIA VIE
31 45321 349-152 801
SAHAM VIE
31 87211 153 43 025
ALLIANZ VIE
3 58234 587 38 169
LA LOYALE VIE
9 6786 822 16 500
BELIFE
12 6985496713 314
AA VIE
8 282813 9 095
SOMAVIE
1 6242 410 4 034
AAA VIE
2 087411582 286
SAAR VIE
803285 1 088
AXA VIE
771 78
Total
140 397127 9671 225269 590

The insurance industry in Côte d'Ivoire: market shares of the life insurance companies in 2017

Life insurance industry Cote Ivoire 2017 Source: ASACI (Association of insurance companies in Côte d’Ivoire)

The insurance industry in Côte d'Ivoire: 2017 turnover per non life insurance company

in thousands
 2017 turnover2016 turnover2017 market shares2016-2017 evolution (1)
 In FCFAIn USDIn FCFAIn USD
SAHAM
52 485 54096 04950 516 37781 23029.54%3.90%
ALLIANZ
18 840 44534 47819 456 28631 28610.60%-3.17%
SUNU
18 086 30033 09813 810 75822 20810.18%30.96%
AXA
17 092 19631 27815 506 20924 9349.62%10.23%
NSIA
16 090 88329 44715 825 25325 4479.05%1.68%
ATLANTIQUE
11 451 22420 95610 150 11516 3216.44%12.82%
MATCA
5 815 86710 6435 019 8208 0723.27%15.86%
SIDAM
5 016 5219 1806 735 54010 8312.82%-25.52%
ATLAS
4 619 7848 4544 167 6036 7012.60%10.85%
AMSA
4 254 5417 7863 833 0946 1642.39%10.99%
SONAM *
4 248 7987 7752 680 2544 3102.39%58.52%
GNA
3 926 2577 1864 349 4506 9942.21%-9.73%
SERENITY
3 776 8686 9124 054 4326 5202.13%-6.85%
2ACI ****
3 643 0746 6672 789 1904 4852.05%30.61%
TSA ***
--5 521 4518 878--
FEDAS**
--2 134 5293 432--
LA LOYALE **
--1 718 8452 764--
STANE
3 185 1755 828--1.79%-
SAAR
2 702 6584 9461 163 3341 8711.52%132.32%
WAFA
2 227 2724 076--1.25%-
COMAR
125 799230--0.08%-
ATLANTA
113 266208--0.07%-
Total
177 702 468325 195169 432 540272 448100%4.88%
(1) Growth rate in local currency
* previously AAA
** data not received
*** under provisional administration
**** previously Safa assurances

The insurance industry in Côte d'Ivoire: 2017 turnover per non life insurance company and per class of business

in thousands USD
 Bodily injury & HealthMotorFire and property damageTPLMarineMisc. risksAcceptanceTotal
SAHAM
28 25323 00826 6253 12711 9903 046 96 049
ALLIANZ
10 5178 1718 3051 2613 3982 826 34 478
SUNU
12 6268 2139 8831 2081 100-6733 098
AXA
6 7029 5065 0356897 5301 816 31 278
NSIA
9 5337 2613 3831 8623 8283 11846229 447
ATLANTIQUE
7 1538 8212 6777751044486 20 956
MATCA
-10 643---- 10 643
SIDAM
3 4043 655797201757366 9 180
ATLAS
2 0345 584205131132368 8 454
AMSA
2 5232 9701 523346424- 7 786
SONAM*
3727 05213942170- 7 775
GNA
16104270371191302720-2787 186
SERENITY
7733 2794162002721 972 6 912
2ACI**
1 4353 600951354327- 6 667
Stane
5 690128253- 5 828
SAAR
2 3212 02527910936175 4 945
Wafa
1 5691 0871 22114059- 4 076
Atlanta
0.72417025111- 208
Comar
626172341- 230
Total
96 578109 50461 90910 68631 37414 893251325 195

The insurance industry in Côte d'Ivoire: 2017 market shares of non life insurance companies

Non Life insurance industry Cote Ivoire 2017 Source: ASACI (Association of insurance companies in Côte d’Ivoire)
Exchange rate
FCFA/USD as at 31/12
2016
2017
001608
0.00183

Read also | The Ivorian insurance market in 2018 [4]

Fri, 09/11/2018 - 15:42

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[3] https://www.atlas-mag.net/en/issue/reinsurance-in-a-stalemate
[4] https://www.atlas-mag.net/en/article/the-ivorian-insurance-market-in-2018-ranking-of-companies-and-turnover-per-class-of-business