The Ivorian insurance market continued on its growth trajectory, with its total revenue rising by 9.9% to FCFA688.8bn ($1.24bn) in 2025, compared to 2024. The Ivorian insurance market remains the leading market in the CIMA zone.
According to provisional data from the Association of Insurance Companies of Cote d'Ivoire, the non-life segment reported premiums of FCFA386.8bn, representing year-on-year growth of 7.5% in 2025.
This branch is still largely dominated by a few major players—SanlamAllianz, GNA, and NSIA—which accounted for most of the revenue. However, 2025 is also marked by the rise of “challenger” insurers, such as Schiba, Activa, and Wafa, posting double-digit growth rates, in some cases exceeding 40%.
The life insurance segment recorded premium growth of 13.3% to FCFA302bn, which reflects stronger mobilisation of domestic savings, driven by players such as Atlantique Vie, Wafa Vie, and Prudential Belife. The leading trio—Sunu Vie, SanlamAllianz Vie, and NSIA Vie—nevertheless continues to dominate this segment.