FANAF zone : top 50 insurance companies in terms of turnover 2017
Atlas Magazine of march 2019 has published the top 50 of insurance companies in the FANAF zone according to the 2017 turnover.
Zenithe Insurance who occupies the 31st position has a remarkable improvement by 15 spots (from the 46th à la 31st). It achieved the 3e best performance in terms of growth rate of 34,40% of its turnover for 2016 and 2017.
| Rank (1) | Companies | Categories | Countries |
Premium issued 2017
|
Growth rate 2016-2017 | ||
|---|---|---|---|---|---|---|---|
| 2017 | 2016 | FCFA | USD | ||||
| 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 VIE 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 |
NOUVELLE 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 of top 50 insurance companies | 715 176 269 | 1 308 773 | |||||
| Rest of the market (2) | 528 223 731 | 966 649 | |||||
| Total of the market(3) | 1 243 400 000 | 2 275 422 | |||||
(1) Turnover and ranks revised on 31/12/2017
(2) 104 companies
(3) Turnover for 16 countries
Exchange rate on 31/12/2017 : 1 FCFA=0,00183 USD
NL : non-life
L : life
Source : Atlas Magazine