Magazine date:
Nov 2018 The insurance industry in Senegal: 2017 turnover per non life insurance company
In thousands| 2017 turnover | 2016 turnover | 2016-2017 evolution (1) | 2017 market shares | |||
|---|---|---|---|---|---|---|
| In FCFA | In USD | In FCFA | In USD | |||
AXA Assurances | 14 770 000 | 27 029 | 12 741 000 | 20 513 | 15.92% | 14.13% |
ALLIANZ Assurances | 13 137 000 | 24 041 | 11 326 000 | 18 235 | 15.99% | 12.57% |
La Prévoyance Assurances | 10 337 000 | 18 917 | 9 133 000 | 14 704 | 13.18% | 9.89% |
NSIA Sénégal Assurances | 8 968 000 | 16 411 | 9 588 000 | 15 437 | -6.47% | 8.58% |
Saham Assurances | 8 934 000 | 16 349 | 9 110 000 | 14 667 | -1.93% | 8.55% |
CNART Assurances | 7 231 000 | 13 233 | 6 687 000 | 10 766 | 8.14% | 6.92% |
SONAM Assurances | 6 599 000 | 12 076 | 6 026 000 | 9 702 | 9.51% | 6.31% |
ASKIA Assurances | 6 539 000 | 11 966 | 6 442 000 | 10 372 | 1.51% | 6.25% |
AMSA Assurances | 5 407 000 | 9 895 | 5 183 000 | 8 345 | 4.32% | 5.17% |
SUNU Assurances IARD Sénégal | 5 086 000 | 9 307 | 4 031 000 | 6 490 | 26.17% | 4.86% |
Assurance Sécurité Sénégalaise (ASS) | 3 968 000 | 7 261 | 3 900 000 | 6 279 | 1.74% | 3.80% |
SONAM Mutuelle | 3 831 000 | 7 011 | 3 851 000 | 6 200 | -0.52% | 3.66% |
Salama Assurances Sénégal | 3 052 000 | 5 585 | 2 100 000 | 3 381 | 45.33% | 2.92% |
Wafa Assurance | 1 641 000 | 3 003 | 1 089 000 | 1 753 | 50.69% | 1.57% |
Société Nationale d'Assurances du Crédit & du Cautionnement (SONAC) | 1 614 000 | 2 954 | 1 519 000 | 2 446 | 6.25% | 1.54% |
SAAR Assurances | 1 395 000 | 2 553 | 1 042 000 | 1 678 | 33.88% | 1.33% |
Compagnie Nationale d'Assurance Agricole du Sénégal (CNAAS) | 1 109 000 | 2 029 | 862 000 | 1 388 | 28.65% | 1.06% |
La Providence | 799 000 | 1 462 | - | - | 0.76% | |
Mutuelle d'Assurances Agricoles du Sénégal (MAAS) | 127 000 | 232 | 118 000 | 190 | 7.63% | 0.12% |
Total | 104 544 000 | 191 316 | 94 748 000 | 152 544 | 10.34% | 100% |
Read also | Senegal Insurance industry in 2018 [4]
The insurance industry in Senegal: market shares of the non life insurance companies in 2017
(1) 9 companiesThe insurance industry in Senegal: 2017 turnover per life insurance company
In thousands| 2017 turnover | 2016 turnover | 2016-2017 evolution (1) | 2017 market shares | |||
|---|---|---|---|---|---|---|
| En FCFA | En USD | En FCFA | En USD | |||
SONAM Vie | 11 329 000 | 20 732 | 7 638 000 | 12 297 | 48.32% | 19.57% |
AMSA Assurances Vie | 10 405 000 | 19 041 | 8 026 000 | 12 922 | 29.64% | 17.98% |
SUNU Assurances Vie Sénégal | 9 805 000 | 17 943 | 7 670 000 | 12 349 | 27.84% | 16.94% |
NSIA Vie Sénégal | 7 274 000 | 13 311 | 7 732 000 | 12 449 | -5.92% | 12.57% |
ALLIANZ Vie | 7 105 000 | 13 002 | 6 209 000 | 9 996 | 14.43% | 12.28% |
WAFA Vie | 5 783 000 | 10 583 | 3 346 000 | 5 387 | 72.83% | 9.99% |
SONAM Vie Mutuelle | 2 862 000 | 5 237 | 2 386 000 | 3 841 | 19.95% | 4.94% |
La Sénégalaise de l’Assurance Vie (SENVIE) | 1 804 000 | 3 301 | 1 431 000 | 2 304 | 26.07% | 3.12% |
SAAR Vie | 1 407 000 | 2 575 | 1 430 000 | 2 302 | -1.61% | 2.43% |
Saham Vie | 105 000 | 192 | - | - | 0.18% | |
Total | 57 879 000 | 105 919 | 45 868 000 | 73 847 | 26.19% | 100.00% |
The insurance industry in Senegal: 2017 market shares of life insurance companies
Exchange rate FCFA/USD as at 31/12 | 2016 | 2017 |
0.00161 | 0.00183 |
