Finance offers real opportunities for insurers to improve their performance and thus contribute to their growth. In one of his contributions, published on Financial, Adama Diallo, Manager Statistics, Research and Business Development, deplores the weak presence of insurers in the financial markets of the Inter-African Conference on Insurance Markets (CIMA) zone.

The economic and social development of our sub-region will necessarily pass through the mobilization of the capital essential to the financing of infrastructure works for the well-being of the populations. According to Adama Diallo, the insurer being an agent that collects enormous funds that it recycles in the economy through the financial markets in particular, it is therefore high time that the insurers of the zone integrate it by equipping themselves with true Finance Departments capable of optimizing and rationalizing the portfolio of assets under management.
“Comparison of the investment structure of CIMA insurers with that of OECD countries. A comparative analysis of the investment structure of CIMA member countries with that of OECD member countries clearly shows that CIMA insurers favor by far liquidity (unprofitable) to the detriment of bonds,” he explains. he.
The financial market in the CIMA zone is made up of two economic zones: WAEMU in West Africa and CEMAC in Central Africa. These two economic zones have two stock exchanges: the regional stock exchange (BRVM) which has its headquarters in Abidjan is the stock exchange common to the countries of the UEMOA zone; the Central African Stock Exchange (BVMAC) located in Libreville is the regional stock exchange for Central African countries: as a reminder, in July 2019 BVMAC absorbed the Douala Stock Exchange (DSX) which was the Cameroon Stock Exchange . For Adama Diallo, the BRVM is the only stock market in the CIMA zone that works properly.