Insurance companies in Senegal: 2023 ranking

December 06, 2024
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Ranking of non-life insurance companies in Senegal

Figures in thousands
Non-life insurers2023 turnover2022 turnover2022-2023 evolution (1)2023 shares
FCFAUSDFCFAUSD
AXA25 090 00042 15122 730 00037 05010.38%9.46%
AMSA17 400 00029 23215 990 00026 0648.82%6.56%
Prévoyance Assurances16 110 00027 06515 180 00024 7436.13%6.07%
Sanlam15 900 00026 71215 230 00024 8254.40%5.99%
Askia13 810 00023 20112 870 00020 9787.30%5.21%
NSIA13 720 00023 05014 470 00023 586-5.18%5.17%
Allianz13 300 00022 34413 450 00021 923-1.12%5.01%
Finafrica 11 180 00018 7827 790 00012 69843.52%4.21%
SUNU7 710 00012 9537 290 00011 8835.76%2.91%
Sonam GA7 440 00012 4998 070 00013 154-7.81%2.80%
Wafa6 290 00010 5675 180 0008 44321.43%2.37%
La Providence5 590 0009 3915 080 0008 28010.04%2.11%
CNART5 100 0008 5684 920 0008 0203.66%1.92%
SAAR3 640 0006 1152 810 0004 58029.54%1.37%
SONAC3 320 0005 5783 020 0004 9239.93%1.25%
CNAAS2 720 0004 5692 620 0004 2713.82%1.03%
ASS2 660 0004 4692 360 0003 84712.71%1.00%
Sonam Mutuelle410 000689920 0001 499-55.43%0.16%
MAAS150 000252130 00021215.38%0.06%
Non-life total171 540 000288 187160 110 000260 9797.14%64.66%

(1) Growth rate in FCFA

Ranking of life insurance companies in Senegal

Figures in thousands
Life insurers2023 turnover2022 turnover2022-2023 evolution (1)2023 shares
FCFAUSDFCFAUSD
AMSA Vie21 480 00036 08620 130 00032 8126.71%8.10%
Wafa Vie13 320 00022 37814 860 00024 222-10.36%5.02%
Sonam Vie11 930 00020 04212 450 00020 294-4.18%4.50%
SUNU Vie11 210 00018 83310 380 00016 9198.00%4.23%
NSIA Vie10 360 00017 4058 670 00014 13219.49%3.90%
Sonam Vie Mutuelle9 260 00015 5578 040 00013 10515.17%3.49%
Allianz Vie9 060 00015 2218 190 00013 35010.62%3.41%
SEN Vie3 560 0005 9813 480 0005 6722.30%1.34%
SAAR Vie1 990 0003 3431 530 0002 49430.07%0.75%
Sanlam Vie1 590 0002 6711 130 0001 84240.71%0.60%
Total vie93 760 000157 51788 860 000144 8425.51%35.34%

(1) Growth rate in FCFA
Exchange rate as at 31/12/2023 : 1 FCFA = 0.00168 USD ; as at 31/12/2022 : 1 FCFA = 0.00163 USD

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