Cote d'Ivoire Insurance Q4 2018
We remain positive about the prospects for Côte d'Ivoire’s insurance markets, thanks to the country’s strong economicgrowth outlook - with real GDP set to expand by 7.1% in 2018 - and low inflation. With the West African franc set to appreciateagainst the US dollar over our forecast period, this will feed into double digit annual growth in both life and non-life premiums in USdollar terms across our five year forecast horizon, according to our core scenario. The main downside risks to our forecasts arepolitical and security in nature, in the shape of intra-government tensions surrounding a possible bid by the incumbent president fora third term and a recent history of military mutinies, on the back of two civil wars earlier this century.
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