As the Ivorian economy has powered ahead in the past half-decade, insurance premiums have kept pace, regularly posting double-digit annual gains. According to the Association of Insurance Companies of Côte d’Ivoire (Association des Sociétés d’Assurances de Côte d’ Ivoire, ASA-CI), 2016 was no different with the total value of premiums growing...
Regulators have faced challenges ensuring that all sector players are financially sound, as insurance markets across the Inter-African Conference of Insurance Markets (Conférence Inter-africaine des Marchés d’ Assurances, CIMA) have seen an influx of new competitors. To provide continuous high-quality services to their clients and to avoid...
Recent years have seen comprehensive reforms enacted in both public and private-sector pension systems in Côte d’Ivoire, culminating with the establishment of a new regime and institutions. Changes to the overall system included a gradual phasing up of the retirement age from 55 to 60 between 2012 and 2016, moving the base calculation of...
Since 2011, in the aftermath of the post-election crisis, Côte d’Ivoire has been in a phase of economic recovery, with an average annual GDP growth rate of 9.28% over the period 2012-16.
Initial public offerings (IPOs) have been a key driver of the rise in capitalisation on the Bourse Ré gionale des Valeurs Mobilières (BRVM) equity market recently. The exchange had a standout year in 2016, with four firms coming to market for the first time, raising a combined CFA86bn (€129m) in capital. Together the companies were valued at...
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