Podium of the Senegalese non-life insurance companies

The Senegalese non-life insurance market has totalized a turnover of 113.766 billion FCFA (197.95 million USD) in 2018, increasing by 9% compared to the previous year.

The market leader is AXA Assurances with total premiums reaching 15.584 billion FCFA (27.12 million USD) and rising by 5.51% over one year. Its market share hit 13.7% decreasing by 0.43% compared to 2017.

Allianz Assurances, is ranked second with 14.476 billion FCFA (25.19 million USD) in gross premiums which represents 12.72% of the non-life activity.

Prévoyance Assurances is last in ranking despite its turnover increasing by 16.44% over one year to reach 12.036 billion FCFA (20.94 million USD) in 2018. Prévoyance’s market share went from 9.89% in 2017 to 10.58% in late 2018.