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Insurance: the sector has grown by an average of 11% over the last five years

17/07/2023
Source : ORISHAS FINANCE
Categories: Sectors

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The decoration ceremony for agents of the Association of Insurance Companies of Côte d'Ivoire (ASACI) took place on Monday, July 10, in Abidjan. On the occasion, the Minister of Economy and Finance, Adama Coulibaly, announced that the insurance sector in Côte d'Ivoire has registered an average growth of 11% over the

last five years.

Insurance sector turnover in 2022 is on the rise. Minister Adama Coulibaly indicated that “the Ivorian insurance market has registered an average growth of 11% over the last five years. Also, the sector's turnover stood at 527 billion FCFA in 2022, up 14%, compared to the amount of 464 billion FCFA recorded in 2021”. For the minister, the benefits paid amounted to 258 billion FCFA for the same year against 241 billion FCFA in 2021, an increase of 7%

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