At a press briefing held this Thursday, April 28, 2022, Souleymane Niane, president of the association of insurers of Senegal said that in 2020, the 29 companies in Senegal achieved a turnover of "207 billion FCFA. This sum is divided into non-life insurance for 134 billion and life insurance for 72 billion.

In terms of claims payment, these 29 companies mobilized a total of nearly 60 billion FCFA. In terms of contribution to the national economy, these 29 companies have "invested in the Senegalese economy more than 400 billion FCFA," said Souleymane Niane. This media release of Souleymane Niane is part  of the organization of the 46th Scientific General Assembly of the Federation of Insurance Companies under African National Law (Fanaf) to be held in Dakar from 23 to 25 May 2022. The central theme of the meeting is "Systemic Risks: Insurance and Reinsurance".