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The Insurance Industry in Côte d'Ivoire, Key Trends and Opportunities to 2020

The Insurance Industry in Côte d'Ivoire, Key Trends and Opportunities to 2020

Synopsis

Timetric’s 'The Insurance Industry in Côte d'Ivoire, Key Trends and Opportunities to 2020' report provides a detailed analysis of the Ivorian insurance industry.

It provides key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, total assets, total investment income and retentions during the review (2011–2015) and forecast periods (2015–2020).

The report also gives a comprehensive overview of the Ivorian economy and demographics, and provides detailed information on the competitive landscape in the country. It also includes the impact of natural hazards on the insurance industry.

The report brings together Timetric’s research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulations and recent changes in the regulatory structure.

Summary

Timetric’s 'The Insurance Industry in Côte d'Ivoire, Key Trends and Opportunities to 2020' report provides in-depth market analysis, information and insights into the Ivorian insurance industry, including:

  • An overview of the Ivorian insurance industry
  • The Ivorian insurance industry's growth prospects by segment and category
  • An overview of distribution channels in the Ivorian insurance industry
  • A comprehensive overview of the Ivorian economy and demographics
  • The detailed competitive landscape in the Ivorian insurance industry
  • Details of regulatory policy applicable to the Ivorian insurance industry
  • An analysis of natural hazards in the Ivorian insurance industry
Scope

This report provides a comprehensive analysis of the insurance industry in Côte d'Ivoire:
  • It provides historical values for the Ivorian insurance industry for the report’s 2011–2015 review period, and projected figures for the 2015–2020 forecast period.
  • It offers a detailed analysis of the key segments in the Ivorian insurance industry, with market forecasts to 2020.
  • It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, combined ratio, total assets, total investment income and retentions.
  • It profiles the top insurance companies in Côte d'Ivoire, and outlines the key regulations affecting them.
  • It covers the economy and demographics structure of Côte d'Ivoire.
  • It analyzes the impact of natural hazards in the Ivorian insurance industry.
Reasons To Buy
  • Make strategic business decisions using in-depth historic and forecast market data related to the Ivorian insurance industry and each segment and category within it.
  • Understand the demand-side dynamics, key market trends and growth opportunities in the Ivorian insurance industry.
  • Assess the competitive dynamics in the Ivorian insurance industry.
  • Identify growth opportunities and market dynamics in key segments.
  • Gain insights into key regulations governing the Ivorian insurance industry, and their impact on companies and the industry's future.
Key Highlights
  • On July 26, 2014, the Commission Régionale de Contrôle des Assurances (CRCA) issued a regulation prohibiting insurers from carrying out insurance business with unauthorized intermediaries.
  • A lack of healthcare cover prompted the Ivoirian government to create a ‘foundation of solidarity’ for patient benefits. Côte d'Ivoire launched enrollments for a planned universal healthcare program in 2015 with an initial government financing of CFA20 billion (US$34.7 million).
  • The technical and financial capabilities of foreign reinsurers Continental Re and African Re, created a challenging environment for domestic reinsurers during the review period.


  • Key Facts and Highlights
    • Table Ivorian Insurance Industry - Key Facts, 2015
    • Table Ivorian Insurance Industry - Segment Shares of the Top Insurers, 2013
  • Executive Summary
  • Economy and Demographics
    • Table Ivorian Government Credit Ratings
  • Industry Outlook
    • Regional Comparison
    • Industry Indicators
      • Gross written premium
        • Table Ivorian Insurance Industry - Gross Written Premium by Segment (XOF Billion), 2011-2015
        • Table Ivorian Insurance Industry - Gross Written Premium by Segment (XOF Billion), 2015-2020
        • Table Ivorian Insurance Industry - Density (Direct Written Premium Per Capita) by Segment (XOF), 2011-2015
        • Table Ivorian Insurance Industry - Density (Direct Written Premium Per Capita) by Segment (XOF), 2015-2020
      • Claims
        • Table Ivorian Insurance Industry - Paid Claims by Segment(XOF Billion), 2011-2015
        • Table Ivorian Insurance Industry - Paid Claims by Segment(XOF Billion), 2015-2020
      • Investments
        • Table Ivorian Insurance Industry - Total Investment Income by Segment (XOF Billion), 2011-2015
        • Table Ivorian Insurance Industry - Total Investment Income by Segment (XOF Billion), 2015-2020
        • Table Ivorian Insurance Industry - Life Insurance Investment Portfolio (XOF Billion), 2011-2015
        • Table Ivorian Insurance Industry - Life Insurance Investment Portfolio (XOF Billion), 2015-2020
        • Table Ivorian Insurance Industry - Non-Life Insurance Investment Portfolio (XOF Billion), 2011-2015
        • Table Ivorian Insurance Industry - Non-Life Insurance Investment Portfolio (XOF Billion), 2015-2020
        • Table Ivorian Insurance Industry - Personal Accident and Health Insurance Investment Portfolio (XOF Billion), 2011-2015
        • Table Ivorian Insurance Industry - Personal Accident and Health Insurance Investment Portfolio (XOF Billion), 2015-2020
  • Life Insurance Outlook
    • Gross written premium
      • Table The Ivorian Life Insurance - Gross Written Premium (XOF Billion and US$ Billion), 2011-2015
      • Table The Ivorian Republic Life Insurance - Gross Written Premium (XOF Billion and US$ Billion), 2015-2020
    • Penetration
  • Non-Life Insurance Outlook
    • Table Ivorian Non-Life Insurance - Gross Written Premium (XOF Billion and US$ Million), 2011-2015
    • Table Ivorian Non-Life Insurance - Gross Written Premium (XOF Billion and US$ Million), 2015-2020
    • Property Insurance
      • Penetration
      • Profitability
        • Table Ivorian Property Insurance - Loss Ratio (%),2011-2015
        • Table Ivorian Property Insurance - Loss Ratio(%), 2015-2020
    • Motor Insurance
      • Penetration
      • Profitability
        • Table Ivorian Motor Insurance - Loss Ratio (%),2011-2015
        • Table Ivorian Motor Insurance - Loss Ratio(%), 2015-2020
    • Liability Insurance
      • Penetration
      • Profitability
        • Table Ivorian Liability Insurance - Loss Ratio (%),2011-2015
        • Table Ivorian Liability Insurance - Loss Ratio (%), 2015-2020
    • Marine, Aviation and Transit Insurance
      • Penetration
      • Profitability
        • Table Ivorian Marine, Aviation and Transit Insurance - Loss Ratio (%),2011-2015
        • Table Ivorian Marine, Aviation and Transit Insurance - Loss Ratio(%), 2015-2020
  • Personal Accident and Health Insurance Outlook
    • Table The Ivorian Life Insurance - Gross Written Premium (XOF Billion and US$ Billion), 2011-2015
    • Table The Ivorian Republic Life Insurance - Gross Written Premium (XOF Billion and US$ Billion), 2015-2020
  • Reinsurance Outlook
    • Premium Ceded
      • Table Ivorian Reinsurance - Premium Ceded by Insurance Segment (XOF Billion), 2011-2015
      • Table Ivorian Reinsurance - Premium Ceded by Insurance Segment (XOF Billion), 2015-2020
  • Distribution Channel Outlook
  • Natural Hazards
    • Floods and Landslides
    • Exposure
  • Competitive Landscape
    • Table Ivorian Insurance - Shares of the Leading Insurers (%), 2013
    • Table Ivorian Life Insurance - Segment Shares of the Leading Insurers (%), 2013
    • Table Ivorian Non-Life Insurance - Segment Shares of the Leading Insurers (%), 2013
    • Company Profiles
      • Saham Assurance Côte d'Ivoire - company overview
      • Union des Assurances de Côte d'Ivoire Vie - company overview
        • Table Union des Assurances de Côte d'Ivoire Vie - Key Facts
      • Nouvelle Société Interafricaine d'Assurances (NSIA) - company overview
        • Table Nouvelle Société Interafricaine d'Assurances (NSIA) - Key Facts
      • Allianz Côte d'Ivoire Assurances - company overview
        • Table Allianz Côte d'Ivoire Assurances - Key Facts
      • Le Millenium Assurances Internationales - company overview
        • Table Le Millenium Assurances Internationales - Key Facts
  • Governance, Risk and Compliance
    • Table Cote d'Ivore - Insurance Regulatory Framework Key Features
    • Legislation Overview and Historical Evolution
    • Latest Changes in Regulation
    • Legislation and Market Practice by Type of Insurance
      • Table Côte d'Ivoire - Insurance Intermediary Remuneration
      • Life Insurance
        • Table Cote d'Ivore - Life Insurance Regulatory Framework
      • Property Insurance
        • Table Cote d'Ivore - Property Insurance Regulatory Framework
      • Motor Insurance
        • Table Cote d'Ivore - Motor Insurance Regulatory Framework
      • Liability insurance
        • Table Cote d'Ivore - Liability Insurance Regulatory Framework
      • Marine, aviation and transit insurance
      • Personal accident and health insurance
    • Compulsory Insurance
      • Motor third-party liability insurance
      • Professional indemnity insurance for insurance intermediaries
    • Supervision and Control
      • International Association of Insurance Supervisors
      • Commission Regional des Assurances (CRCA)
      • Direction des Assurances (DA)
    • Non-Admitted Insurance Regulations
      • Overview
      • Intermediaries
      • Market practices
      • Fines and Penalties
    • Company Registration and Operations
      • Type of insurance organization
      • Establishing a local company
      • Foreign ownership
      • Types of license
      • Capital requirements
      • Solvency margin
      • Reserve requirements
      • Investment regulations
      • Statutory return requirements
      • Fee structure
    • Taxation
      • Insurance premium or policy taxation
        • Table Cote d'Ivore - Insurance Premium Tax Rates
      • Withholding taxes on premium paid overseas
      • Corporate tax
        • Table Cote d'Ivore - Corporate Tax Rates for the Financial Year 2016
      • VAT
      • Captives
    • Legal System
      • Introduction
      • Access to court
      • Alternative dispute resolution (ADR)
  • Databook
    • Life Insurance
      • Policies and premium
        • Table Ivorian Life Insurance - Policies and Premium, 2011-2015
        • Table Ivorian Life Insurance - Policies and Premium, 2015-2020
      • Claims and expenses
        • Table Ivorian Life Insurance - Claims and Expenses, 2011-2015
        • Table Ivorian Life Insurance - Claims and Expenses, 2015-2020
      • Assets and investments
        • Table Ivorian Life Insurance - Assets and Investments, 2011-2015
        • Table Ivorian Life Insurance - Assets and Investments, 2015-2020
      • Individual life insurance
        • Table Ivorian Life Insurance - Individual Life Insurance, 2011-2015
        • Table Ivorian Life Insurance - Individual Life Insurance, 2015-2020
      • Individual life insurance by product
        • Table Ivorian Life Insurance - Individual Life Insurance by Product, 2011-2015
        • Table Ivorian Life Insurance - Individual Life Insurance by Product, 2015-2020
      • Group life insurance
        • Table Ivorian Life Insurance - Group Life Insurance, 2011-2015
        • Table Ivorian Life Insurance - Group Life Insurance, 2015-2020
      • Group life insurance by product
        • Table Ivorian Life Insurance - Group Life Insurance by Product, 2011-2015
        • Table Ivorian Life Insurance - Group Life Insurance by Product, 2015-2020
      • Linked vs non-linked policies
        • Table Ivorian Life Insurance - Linked vs Non-Linked Policies, 2011-2015
        • Table Ivorian Life Insurance - Linked vs Non-Linked Policies, 2015-2020
    • Non-Life Insurance
      • Policies and premium
        • Table Ivorian Non-Life Insurance - Policies and Premium, 2011-2015
        • Table Ivorian Non-Life Insurance - Policies and Premium, 2015-2020
      • Claims and expenses
        • Table Ivorian Non-Life Insurance - Claims and Expenses, 2011-2015
        • Table Ivorian Non-Life Insurance - Claims and Expenses, 2015-2020
      • Assets and investments
        • Table Ivorian Non-Life Insurance - Assets and Investments, 2011-2015
        • Table Ivorian Non-Life Insurance - Assets and Investments, 2015-2020
      • Property insurance
        • Table Ivorian Non-Life Insurance - Property Insurance, 2011-2015
        • Table Ivorian Non-Life Insurance - Property Insurance, 2015-2020
      • Property insurance by product
        • Table Ivorian Non-Life Insurance - Property Insurance by Product, 2011-2015
        • Table Ivorian Non-Life Insurance - Property Insurance by Product, 2015-2020
      • Motor insurance
        • Table Ivorian Non-Life Insurance - Motor Insurance, 2011-2015
        • Table Ivorian Non-Life Insurance - Motor Insurance, 2015-2020
      • Motor insurance by product
        • Table Ivorian Non-Life Insurance - Motor Insurance by Product, 2011-2015
        • Table Ivorian Non-Life Insurance - Motor Insurance by Product, 2015-2020
      • Liability insurance
        • Table Ivorian Non-Life Insurance - Liability Insurance, 2011-2015
        • Table Ivorian Non-Life Insurance - Liability Insurance, 2015-2020
      • Marine, aviation and transit insurance
        • Table Ivorian Non-Life Insurance - Marine, Aviation and Transit Insurance, 2011-2015
        • Table Ivorian Non-Life Insurance - Marine, Aviation and Transit Insurance, 2015-2020
    • Personal Accident and Health Insurance
      • Policies and premium
        • Table Ivorian Personal Accident and Health Insurance - Policies and Premium, 2011-2015
        • Table Ivorian Personal Accident and Health Insurance - Policies and Premium, 2015-2020
      • Claims and expenses
        • Table Ivorian Personal Accident and Health Insurance - Claims and Expenses, 2011-2015
        • Table Ivorian Personal Accident and Health Insurance - Claims and Expenses, 2015-2020
      • Assets and investments
        • Table Ivorian Personal Accident and Health Insurance - Assets and Investments, 2011-2015
        • Table Ivorian Personal Accident and Health Insurance - Assets and Investments, 2015-2020
  • Definitions and Methodology
    • Definitions
      • Table Insurance Industry Definitions
    • Methodology
  • About Timetric
    • Contact Timetric
    • About Timetric
    • Timetric's Services
    • Disclaimer

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