La Loyale Vie/ La Loyale Assurances, the "Siamese sisters" ... the Ivorian insurance market remains quite competitive despite the economic environment strongly marked by the Covid-19 health crisis.

Loyale Assurances and La Loyale Vie, created in 2003 by the same investors to offer Ivorians life and property and casualty insurance products, are two distinct entities with a well-organized collaboration.
Following a revaluation, the Bloomfield Rating Agency downgraded the long-term rating from BBB- (investment rating) to BB- (speculative rating) and lowered the outlook from stable to negative. The agency also decided to downgrade the short-term rating from B (speculative rating) to C (speculative rating) with a negative outlook."
Meanwhile, his "Siamese sister" La Loyale Vie, who has not been impacted by the financial setbacks of his "Alter Ego", is doing well financially.
With a total balance sheet of 36.5 billion FCFA, La Loyale Vie achieved for the 2020 financial year, a turnover of 7.6 billion FCFA and a profit of 425 million FCFA.
The company therefore ended 2020 on a positive note with a solvency margin that recorded a surplus of 5.5 billion FCFA.  And on behalf of the year 2020, it is a pot of about 4.3 billion FCFA that La Loyale Vie paid to its subscribers in terms of Benefits.