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2016 ranking of the top 10 insurance companies in the FANAF zone
February 06, 2018
2016 FANAF Market: Top 10 Insurance Companies
in thousands FCFA
(1) 2015 figures and ranks revised at 31/12/2016
L : Life insurer NL : Non life insurer
ND: Not defined
(1) 2015 figures and ranks revised at 31/12/2016
L : Life insurer NL : Non life insurer
ND: Not defined
| Ranking (1) | Company | Classes | Country | 2016 turnover | 2015 turnover | Growth rate | Combined ratio | ||
|---|---|---|---|---|---|---|---|---|---|
| 2016 | 2015 | 2016-2015 | 2016 | 2015 | |||||
| 1 | 2 | SAHAM Assurance CI | NL | CIV | 51 182 443 | 45 102 522 | 13.5% | 60.1% | 59.5% |
| 2 | 3 | SUNU Assurances Vie Côte d'Ivoire | L | CIV | 43 678 320 | 39 446 960 | 10.7% | ND | ND |
| 3 | 1 | Assurances et Réassurances du Congo | NL | COG | 28 515 958 | 56 701 094 | -49.7% | 27.7% | 12.3% |
| 4 | 4 | OMNIUM Gabonais d'Assurances et de Réassurances | NL | GAB | 26 849 721 | 30 223 515 | -11.2% | 50.7% | 52.8% |
| 5 | 5 | NSIA Vie Côte d'Ivoire | L | CIV | 26 097 996 | 21 548 200 | 21.1% | ND | ND |
| 6 | 6 | Assurances et Réassurances Omnibranches | NL | MDG | 22 343 809 | 20 614 275 | 8.4% | 42.5% | 41.3% |
| 7 | 11 | SAHAM Assurance Vie | L | CIV | 20 690 560 | 18 010 726 | 14.9% | ND | ND |
| 8 | 8 | AXA Assurances | NL | CMR | 20 440 168 | 19 479 154 | 4.9% | 71.8% | 68.0% |
| 9 | 10 | ALLIANZ Côte d’Ivoire Assurances | NL | CIV | 19 354 211 | 19 339 769 | 0.1% | 72.4% | 89.6% |
| 10 | 12 | SAAR Assurances | NL | CMR | 18 920 321 | 17 982 584 | 5.2% | 92.3% | 84.1% |
L : Life insurer NL : Non life insurer
ND: Not defined
2016 FANAF Market: Top 10 Insurance Companies in USD
in thousands USD| Ranking (1) | Company | Classes | Country | 2016 turnover | 2015 turnover | Combined ratio | ||
|---|---|---|---|---|---|---|---|---|
| 2016 | 2015 | 2016 | 2015 | |||||
| 1 | 2 | SAHAM Assurance CI | NL | CIV | 82 301 | 75 141 | 60.1% | 59.5% |
| 2 | 3 | SUNU Assurances Vie Côte d'Ivoire | L | CIV | 70 235 | 65 719 | ND | ND |
| 3 | 1 | Assurances et Réassurances du Congo | NL | COG | 45 854 | 94 464 | 27.7% | 12.3% |
| 4 | 4 | OMNIUM Gabonais d'Assurances et de Réassurances | NL | GAB | 43 174 | 50 352 | 50.7% | 52.8% |
| 5 | 5 | NSIA Vie Côte d'Ivoire | L | CIV | 41 966 | 35 899 | ND | ND |
| 6 | 6 | Assurances et Réassurances Omnibranches | NL | MDG | 35 929 | 34 343 | 42.5% | 41.3% |
| 7 | 11 | SAHAM Assurance Vie | L | CIV | 33 270 | 30 006 | ND | ND |
| 8 | 8 | AXA Assurances | NL | CMR | 32 868 | 32 452 | 71.8% | 68.0% |
| 9 | 10 | ALLIANZ Côte d’Ivoire Assurances | NL | CIV | 31 122 | 32 220 | 72.4% | 89.6% |
| 10 | 12 | SAAR Assurances | NL | CMR | 30 424 | 29 959 | 92.3% | 84.1% |
L : Life insurer NL : Non life insurer
ND: Not defined
Exchange rate FCFA/USD at 31/12 | 2015 | 2016 |
0.001666 | 0.001608 |