La Loyale Vie/ La Loyale Assurances, the “Siamese sisters”... the Ivorian insurance market remains quite competitive despite the economic environment strongly marked by the Covid-19 health crisis.

Loyal Assurances and La Loyale Vie, created in 2003 by the same investors to offer life insurance products to Ivorians, and IARD are two very distinct entities with well-organized collaboration.
Following a revaluation, the Bloomfield Rating Agency downgraded the long-term rating from BBB- (investment grade) to BB- (speculative rating) and lowered the outlook from stable to negative. The agency also decided to downgrade the short-term rating from B (speculative grade) to C (speculative rating) with a negative outlook.”
Meanwhile, his “Siamese sister” La Loyal Vie, who was in no way impacted by the financial difficulties of his “Alter Ego”, is doing well financially.
With a total balance sheet of 36.5 billion FCFA, La Loyale Vie generated sales of 7.6 billion FCFA and a profit of 425 million FCFA in 2020.
The company therefore ended 2020 on a positive note with a solvency margin that recorded a surplus of 5.5 billion FCFA. And for the year 2020, La Loyal Vie paid out a prize pool of approximately 4.3 billion FCFA to its subscribers