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A growth of 10.13% is noted in the production activity of insurance companies in 2023

The Senegalese insurance market continued its growth dynamic with a 10.13% increase in its turnover, which increased from 249.21 billion in 2022 to 274.46 billion FCFA for the 2023 financial year.

With thirty-three (33) companies including twenty-three (23) for the Damage branch and ten (10) relating to life insurance, the Ivorian market has remained more dynamic as evidenced by the overall turnover. insurance companies which stands at 565.89 billion in 2023 compared to 527.23 billion FCFA in 2022, an increase of 7.3%.

With less rosy results, Mali, which has thirteen (13) insurance companies including nine (9) operating in the IARD branch and four (4) in life insurance, recorded a lower turnover, for an amount of 73.85 billion in 2023 compared to 70.41 billion FCFA in 2022. However, there is an increase of 4.89% over the aforementioned period.

Lejecos Magazine

Source : https://www.lejecos.com/Senegal-Une-croissance-de-…

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