The insurance sector has enjoyed a dynamic half-decade. Strong and sustained economic growth since 2012 has made the industry increasingly attractive, prompting the arrival of multiple new competitors aiming to establish a foothold in West Africa’s biggest insurance market. From its low base, insurance penetration should continue to increase, thereby encouraging overall expansion. With...
Chapter | Capital Markets from The Report: Cote d'Ivoire 2018
In September 2018 the Bourse Régionale des Valeurs Mobilières (BRVM), which is headquartered in Abidjan, will celebrate its first 20 years in operation. The past decade has seen a significant increase in the volume of listings, liquidity, valuations and the number of market participants. A long-awaited third compartment of the equity market was launched in the final month of 2017, while the...
Supported by strong economic growth, the banking industry has expanded rapidly in recent years, financing public and private sector investment in reconstruction since 2011. Profitability among the top-tier banks remains strong, with shareholders in publicly listed institutions benefitting from attractive dividends. Although there has been an influx of new banks over the past decade, increased...
Côte d’Ivoire has seen rapid growth since a decade-long bout of civil unrest ended in 2011, registering an average GDP growth rate of 9.3% in the five years to 2016. By far the biggest economy in the UEMOA and the third largest in ECOWAS, the IMF expects GDP expansion in the West African nation to be sustained, forecasting growth of above 7% through to 2019.
Interviews & Viewpoints | Hamed Mabrouk, Head of North Africa, Willis Towers Watson: Interview from The Report: Egypt 2018
Articles & Analysis | Reinsurance programmes offer cover against natural disasters in emerging economies from The Report: Egypt 2018
While advanced economies generate the vast majority of insurance and reinsurance business, emerging markets are posting higher rates of growth. Complementing this underlying trend is a strong and expanding interest in catastrophic risk, which by nature tends to pertain to emerging markets. This is coming alongside fast-paced, sector-...