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Ivorian insurance market: evolution of premiums per class of business (2015-2019)

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Magazine Issue: 
Insurers, up against web giants [3]
Magazine date: 
Apr 2021
In thousands USD
Class of business201520162017201820192018-2019 evolution *2019 shares
Motor
90 33998 725109 500121 039124 5552,91%18.57%
Bodily injury and health
75 23876 35096 579116 637122 1364,71%18.21%
Fire and other property damage
50 82250 53661 90856 52962 74711,00%9.36%
Marine
30 45727 94831 37634 99639 50912,90%5.89%
Third party liability
8 63410 04510 68812 32413 57010,11%2.02%
Miscellaneous accident
11 1859 18214 89415 84317 79812,34%2.65%
Acceptances
--2511 7011 8488,65%0.28%
Total non-life266 675272 786325 196359 069382 1636,43%56.98%
 Life199 059214 940269 590269 878288 5156,91%43.02%
Grand total465 734487 726594 786628 947670 6786,64%100%

*Evolution in USD

Read also | Ivorian insurance market in 2020 [4]

In millions FCFA
Class of business201520162017201820192018-2019 evolution *2019 shares
Motor
54 09561 32059 83669 56272 8394.71%18.57%
Bodily injury and health
45 05347 42252 77667 03371 4256.55%18.21%
Fire and other property damage
30 43231 38933 83032 48836 69412.95%9.36%
Marine
18 23817 35917 14520 11323 10514.88%5.89%
Third party liability
5 1706 2395 8407 0837 93612.04%2.02%
Miscellaneous accident
6 6985 7038 1399 10510 40814.31%2.65%
Acceptances
--1379771 08110.54%0.28%
Total non-life159 685169 433177 702206 362223 4878.3%56.98%
 Life119 197133 503147 317155 102168 7228.78%43.02%
Grand total278 882302 935325 019361 464392 2098.51%100%

*Evolution in FCFA

Exchange rate
FCFA/USD		20152016201720182019
0.001670.001610.001830.001740.00171

Read also | Insurance companies in Côte d’Ivoire [5]

Tue, 04/05/2021 - 15:05

Source URL: https://www.atlas-mag.net/en/article/ivorian-insurance-market-evolution-of-premiums-per-class-of-business-2015-2019

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[3] https://www.atlas-mag.net/en/issue/insurers-facing-the-giants-of-the-net
[4] https://www.atlas-mag.net/en/article/ivorian-insurance-market-in-2020
[5] https://www.atlas-mag.net/en/article/insurance-companies-in-cote-d-ivoire-ranking-2019