FANAF zone: top 50 insurance companies per 2017 turnover

Magazine Issue:

Magazine date:

Mar 2019

in thousands USD

Rank ⁽¹⁾		Companies	Class of business	Country	Turnover 2017		Growth rating 2016-2017
2017	2016	Companies	Class of business	Country	FCFA	USD	Growth rating 2016-2017
1	1	SAHAM ASSURANCE CI	NL	CIV	52 485 540	96 049	2.50%
2	2	SUNU ASSURANCES VIE	L	CIV	48 742 936	89 200	11.60%
3	5	NSIA LIE COTE D'IVOIRE	L	CIV	28 853 110	52 801	10.60%
4	7	SAHAM ASSURANCE VIE	L	CIV	23 510 881	43 025	13.60%
5	4	OMNIUM GABONAIS D'ASSURANCES ET DE REASSURANCES	NL	GAB	21 166 492	38 735	-21.20%
6	11	ALLIANZ COTE D'IVOIRE ASSURANCES VIE	L	CIV	20 857 324	38 169	11.40%
7	10	SOCIETE AFRICAINE D'ASSURANCES ET DE REASSURANCE	NL	CMR	19 234 326	35 199	1.70%
8	8	AXA ASSURANCES CMR	NL	CMR	18 958 632	34 694	-7.20%
9	9	ALLIANZ COTE D'IVOIRE ASSURANCES	NL	CIV	18 840 845	34 479	-2.70%
10	15	SUNU ASSURANCES IARD	NL	CIV	18 086 300	33 098	14.50%
11	12	ALLIANZ CAMEROUN ASSURANCES VIE	L	CMR	17 983 670	32 910	-3.70%
12	19	ASSURANCES INDUSTRIELLES ET COMMERCIALES SA	NL	GAB	17 562 777	32 140	29.40%
13	14	ACTIVA ASSURANCES	NL	CMR	17 112 938	31 317	-3.30%
14	16	AXA ASSURANCES	NL	CIV	17 092 196	31 279	8.50%
15	13	NOULELLE SOCIETE INTERAFRICAINE D'ASSURANCES	NL	CIV	16 090 881	29 446	-10.70%
16	22	AXA ASSURANCES SA	NL	SEN	14 769 502	27 028	15.90%
17	32	SONAM ASSURANCES VIE MUTUELLE	L	SEN	14 190 792	25 969	41.60%
18	20	ALLIANZ CAMEROUN ASSURANCES	NL	CMR	13 672 141	25 020	2.00%
19	26	ALLIANZ SENEGAL ASSURANCES	NL	SEN	13 138 283	24 043	15.40%
20	23	SOCIETE NATIONALE D'ASSURANCES ET DE REASSURANCES	NL	BFA	12 152 199	22 239	0.80%
21	24	CHANAS ASSURANCES	NL	CMR	12 128 624	22 195	3.90%
22	38	SUNU ASSURANCES VIE CAMEROUN	L	CMR	11 750 444	21 503	29.00%
23	21	SAHAM ASSURANCE GABON	NL	GAB	11 609 004	21 244	-12.30%
24	17	AXA ASSURANCES GAB	NL	GAB	11 550 750	21 138	-20.60%
25	30	ATLANTIQUE ASSURANCES COTE D'IVOIRE (AACI)	NL	CIV	11 451 224	20 956	12.80%
26	28	BENEFICIAL LIFE INSURANCE SA	L	CMR	11 222 008	20 536	8.70%
27	53	SAHAM ASSURANCE CMR	NL	CMR	10 822 233	19 805	52.50%
28	42	SUNU ASSURANCES VIE GABON	L	GAB	10 710 031	19 599	30.30%
29	27	L'AFRICAINE DES ASSURANCES	NL	BEN	10 668 670	19 524	-5.30%
30	43	AMSA ASSURANCES VIE	L	SEN	10 405 402	19 042	29.60%
31	46	ZENITHE INSURANCE SA	NL	CMR	10 346 188	18 934	34.40%
32	36	LA PREVOYANCE ASSURANCES SA	NL	SEN	10 336 544	18 916	13.20%
33	31	SAHAM ASSURANCE MLI	NL	MLI	10 208 070	18 681	1.30%
34	29	GROUPEMENT TOGOLAIS D'ASSURANCES VIE	L	TGO	10 098 795	18 481	-1.40%
35	40	OMNIUM GABONAIS D'ASSURANCES ET DE REASSURANCES VIE	L	GAB	9 817 441	17 966	8.50%
36	47	SUNU ASSURANCES VIE	L	SEN	9 805 133	17 943	27.80%
37	39	LA LOYALE VIE	L	CIV	9 016 269	16 500	-0.60%
38	33	NSIA SENEGAL ASSURANCES	NL	SEN	8 968 413	16 412	-6.50%
39	37	SAHAM ASSURANCES SA	NL	SEN	8 933 838	16 349	-1.90%
40	34	NOUVELLE SOCIETE INTERAFRICAINE D'ASSURANCES (NSIA BENIN)	NL	BEN	8 838 405	16 174	-7.60%
41	18	NOUVELLE SOCIETE INTERAFRICAINE D'ASSURANCES (NSIA GABON)	NL	GAB	8 824 667	16 149	-37.30%
42	35	GARANTIE MUTUELLE DES CADRES (GMC)	NL	CMR	8 818 654	16 138	-5.60%
43	41	NOUVELLE SOCIETE INTERAFRICAINE D'ASSURANCES (NSIA CONGO)	NL	COG	8 618 603	15 772	-2.40%
44	25	ASSURANCES GENERALES DU CONGO	NL	COG	8 610 091	15 756	-26.10%
45	49	SAHAM ASSURANCE TGO	NL	TGO	8 552 877	15 652	16.00%
46	50	SOCIETE NATIONALE D'ASSURANCES ET DE REASSURANCES VIE	L	BFA	8 316 056	15 218	13.80%
47	51	SAHAM ASSURANCE BFA	NL	BFA	7 829 257	14 328	7.60%
48	48	NOUVELLE SOCIETE INTERAFRICAINE D'ASSURANCES (NSIA TOGO)	NL	TGO	7 685 732	14 065	3.20%
49	59	UNION DES ASSURANCES DU BURKINA VIE	L	BFA	7 455 651	13 644	13.50%
50	57	BELIFE INSURANCE SA	L	CIV	7 275 430	13 314	8.60%
Total top 50 insurance companies					715 176 269	1 308 773
Rest of the market ⁽²⁾					528 223 731	966 649
Total market ⁽³⁾					1 243 400 000	2 275 422

⁽¹⁾ 2016 figures and ranks revised at 31/12/2017
⁽²⁾ 104 companies
⁽³⁾ Figures for 16 countries
Exchange rate as at 31/12/2017: 1 FCFA=0,00183 USD
NL: non-life
L: life

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