In order to support its subsidiaries, the Group has created SUNU Serviceswhich offers technical expertise and support to the subsidiaries in the followingareas :
- Control and Organization- Information Technology- Technical Operations- Communications- Business Development
SUNU Group aims at being the reference Panafrican insurance groupthrough its financial strength, professionalism and core values namely : • innovation in its offers and services• proximity with its customers and workforce which is the Group’s backbone • quality of service for mutual and continuous trust.
3
Overview of SUNU Group
SUNU Group is an African insurance company founded in 1999by Mr. Pathé DIONE with his former colleagues. He was former Vice President of AXA UAP (Union des Assurances de Paris) for Africa,and he also acquired and founded companies in 14 West and CentralAfrica countries.
As the leader in life insurance in French-speaking sub-Saharan Africafor more than four years, SUNU Group has to date 23 subsidiaries andaffiliated companies namely : Benin : SUNU Assurances Vie Benin and Avie Burkina Faso : SUNU Assurances Vie Burkina, SUNU Assurances IARDBurkina Cameroon : SUNU Assurances Vie Cameroon Central Africa Republic : SUNU Assurances IARD Central Africa Côte d’Ivoire : SUNU Assurances Vie Côte d’Ivoire, SUNU Assurances IARD Côte d’Ivoire, AAA-Vie Gabon : SUNU Assurances Vie Gabon, SUNU Assurances IARD Gabon Ghana : Equity Assurance Limited Guinea : SUNU Assurances Guinea Liberia : Equity Assurance Company Limited LiberiaMali : SUNU Assurances IARD Mali Niger : SUNU Assurances Vie Niger, SUNU Assurances IARD Niger Nigeria : Equity Assurance PLC Senegal : SUNU Assurances Vie Senegal, SUNU Assurances IARD Senegal,Kajas Microfinance Togo : SUNU Assurances Vie Togo, SUNU Assurances IARD Togo
2
Moyens
BREAKDOWN OF GROSS PREMIUM PER COUNTRY
Liquidités
Bonds : 29%
Shares : 18%
Investment properties : 9% Loans : 4%
Cash & Cashequivalents : 40%
BREAKDOWN OF ASSETS EMPLOYED
:
: :
:
: 4,68 %
:
:*Autres :
:
:
:
: :
En %
including Group’s share
including : Life 11Non-Life 8 8
other 3 2
*including non-insurance companies** employees and exclusive sale representatives
Milliers euros Millions FCFA Milliers euros Millions FCFA
En %Milliers euros Millions FCFA Milliers euros Millions FCFA
%Thousands of Euros Millions FCFA Thousands of Euros Millions FCFA
151 187 99 172 139 922 91 782 dont : Vie 108 575 10471 220
27 952
4 430 6 537 -33,61%
702 68 680 3,70%
et Non - Vie 42 613 35 220 23 103 20,99 %7 261 4 763 10 815 7 094
dont part du groupe 6 616 9 96614,10% 23,86%
Obligations 83 838 151
279 99
233
Actions 51 952 45 846 30 073 72,75%-6,85%
-21,66%
-15,51%
Immobiliers 27 644 45 241 29 676Prêts 11 540 22 457 14 731Liquidités 116 591 161 991 106 259 9,72%
127 809
79 20042 14317 592
177 742
444 486 291 564 426 813 279 971 4,14%
12/31/2015 12/31/2014 Difference
31/12/2015 31/12/2014
8,05%
-32,86%
-40,88%
31/12/2015 31/12/2014
Obligations : 29%
Actions : 18%
Immobiliers : 9% Prêts : 4%
Liquidités : 40%
REPARTITIONDES ACTIFS GERES
:
: :
:
:
:
:
: 4,68 %
:
: : :*Autres :
Shareholders’ Fund
Number of companies*
Average number of staff**
Chiffre d’affaires
Résultat net
ROE (part du groupe)
Total
Resources
Activités
Placements
En %
8 5565 38 410 56 752 37 227 3,18%
dont part du groupe 53 528 35 112 33 938 3,46% 51 738
21 21 0,00% dont : Vie 10 11 -9,09 %
0,00 %Non - Vie 8 8autres 3 2
1 758 1 737 1,21%*y compris les sociétés n'ayant pas une activité d'assurance** salariés et commerciaux exclusifs
Milliers euros Millions FCFA Milliers euros Millions FCFA
En %Milliers euros Millions FCFA Milliers euros Millions FCFA
including Life Insurance
and General Insurance
including Group’s share
Obligations 83 838 151
279 99
233
Actions 51 952 45 846 30 073 72,75%-6,85%
-21,66%
-15,51%
Immobiliers 27 644 45 241 29 676Prêts 11 540 22 457 14 731Liquidités 116 591 161 991 106 259 9,72%
127 809
79 20042 14317 592
177 742
444 486 291 564 426 813 279 971 4,14%
31/12/2015 31/12/2014
31/12/2015 31/12/2014
Obligations : 29%
Actions : 18%
Immobiliers : 9% Prêts : 4%
Liquidités : 40%
REPARTITIONDES ACTIFS GERES
:
: :
:
:
:
:
: 4,68 %
:
: : :*Autres :
Fonds Propres
Nombre de sociétés*
Effectif moyen**
Gross Premium
Profit After Tax
ROE (Group’s share)
Total
Moyens
Business
Placements
%Thousands of Euros Millions FCFA Thousands of Euros Millions FCFA
12/31/2015 12/31/2014 Difference
8 5565 38 410 56 752 37 227 3,18%
dont part du groupe 53 528 35 112 33 938 3,46% 51 738
21 21 0,00% dont : Vie 10 11 -9,09 %
0,00 %Non - Vie 8 8autres 3 2
1 758 1 737 1,21%*y compris les sociétés n'ayant pas une activité d'assurance** salariés et commerciaux exclusifs
En %Milliers euros Millions FCFA Milliers euros Millions FCFA
En %Milliers euros Millions FCFA Milliers euros Millions FCFA
151 187 99 172 139 922 91 782 dont : Vie 108 575 10471 220
27 952
4 430 6 537 -33,61%
702 68 680 3,70%
et Non - Vie 42 613 35 220 23 103 20,99 %7 261 4 763 10 815 7 094
dont part du groupe 6 616 9 96614,10% 23,86%
Bonds
Shares Investment Properties Loans Cash and Cash Equivalents
31/12/2015 31/12/2014
31/12/2015 31/12/2014
8,05%
-32,86%
-40,88%
Obligations : 29%
Actions : 18%
Liquidités : 40%
REPARTITIONDES ACTIFS GERES
:
: :
:
:
:
:
: 4,68 %
:
Fonds Propres
Nombre de sociétés*
Effectif moyen**
Chiffre d’affaires
Résultat net
ROE (part du groupe)
Total
Moyens
Activités
Investments %Thousands of Euros Millions FCFA Thousands of Euros Millions FCFA
12/31/2015 12/31/2014 Difference
Key Consolidated Figures
4 5
Senegal : 8.78% Niger : 8.69%
Togo : 7.84%
Benin : 2.19%
Burkina Faso : 0.54%
Others : 4.68%
Côte d’Ivoire : 51.70%
Cameroon : 8.91%
* Others : Mali : 1.84% Central Africa Republic : 1.66% Guinea : 1.18%
Gabon : 6.66%
58,556
151,187 99,172 139,922 91,782 8.05%104,702 68,680 3.70%
20.99%-32.86%-33.61%-40.88%
35,220 23,10310,815 7,094
9,966 6,53723.86%14.10%
127,809 83,838 151,279 99,23330,07329,67614,731
106,259
72.75%-6.85%
-21.66%9.72%
-15.51%45,84645,24122,457
161,991
51,95227,64411,540
116,591
79,20042,14317,592
177,742
71,220108,57527,9524,7634,430
42,6137,2616,616
444,486 291,564 426,813 279,971 4.14%
38,410 56,752 37,227
21
1,758 1,737
53,528 35,112 51,738 33,938 3.46%
-9.99%0.00%
1.21%
0.00%10
21
3.18%
Simplified Organization Structure
99.99%
7,00%
: 10 500 000 €
: 22 000 000 €
HOLDING SASplifiée de droit français
IONS HOLDING SAde droit français
Capital social: 30 000 000 F.CFA
SUNU SERVICESSociété à responsabilité limitée
Capital : Share capital in millions of FCFA
SUNU Group’s Shareholding %
*Guinea : SUNU Assurances Guinea’s share capital is indicated in millions of Guinean Francs
*Ghana : EQUITY Assurance Limited’s share capital is indicated in Cedi
*Nigeria : EQUITY Assurance PLC’s share capital is indicated in Naira
*Liberia : EQUITY Assurance Company Limited’s share capital is indicated in US Dollars
Senegal Niger Benin Côte d’Ivoire Togo Burkina Faso Central Africa Republic Cameroon Gabon Mali Guinea Ghana Nigeria Liberia
SUNU FINANCES HOLDING SASPrivate Company under French law
Share Capital : Euro 10,500,000
SUNU PARTICIPATIONS HOLDING SAPublic Company under French lawShare Capital : Euro 22,000,000
SUNU SERVICESPrivate Company under Ivorian law
Share Capital : FCFA 30,000,000
SUNU AssurancesIARD Togo
Cap : 1,000.0098.08%
SUNU AssurancesVie Togo
Cap : 1,000.0096.80%
SUNU AssurancesVie Senegal
Cap : 1,500.0079.15%
KAJAS MicrofinanceCap : 1,500.00
79.15%
SUNU AssurancesIARD SenegalCap : 1,000.00
75.00%
SUNU AssurancesVie Niger
Cap : 1,728.0075.00%
SUNU AssurancesIARD Niger
Cap : 1,000.0075.00%
voireSUNU AssurancesIARD Côte d’I
Cap : 3,500.0099.99%
SUNU AssurancesVie Côte d’Ivoire
Cap : 2909.1099.36%
AAA-VieCap : 1,000.00
75.00%
SUNU AssurancesVie Benin
Cap : 1,000.0061.46%
AVIECap : 1,000.00
42.00%
SUNU Assurances
IARD Central AfricaCap : 1,000.00
98.51%
SUNU AssurancesIARD Burkina Faso
Cap : 1,000.0045.00%
SUNU AssurancesVie Burkina Faso
Cap : 1,000.0070.00%
SUNU AssurancesIARD Mali
Cap : 1,000.0075.00%
SUNU AssurancesVie CameroonCap : 1,500.00
99.98%
SUNU AssurancesVie Gabon
Cap : 1,000.0080.64%
SUNU Assurances IARD Gabon Cap : 1,000.00
80.64%
SUNU Assurances Guinea
Cap : 10,000.00 *70.00%
EQUITY Assurance Limited
Cap : 12,117,423 *72.68%
EQUITY Assurance Company LimitedCap : 1,317,500 *
53.51%
EQUITY Assurance PLC
Cap : 7,000,000,000 *60.00%
6 7
Equity Assurance PLC Nigeria Equity Assurance Limited Ghana
Equity Assurance Company Limited Liberia SUNU Assurances IARD Gabon
Head Office, Plot 1196,Bishop Oluwole Street Off Akin Adesola RoadVictoria Island, Lagos, P.O. Box 1514, Marina, Lagos Phone : (234) 1- 2802012 / 2802011E-mail : [email protected] : www.equityassuranceplc.com
Senior ManagementMr Ekpe UKPABIO, Managing Director
Head Office, 48 Senchi Street, off Aviation RoadP.O. Box 16235, KIA Airport-AccraPhone : (233) 302 770548 / 302 709003E-mail : [email protected]
Senior ManagementMr Adeyemi ADETUWO, Managing DirectorMr Ishola AKINTUNDE, Executive Director
Head Office, 14th Street Grand Royal Hotel Monrovia, LiberiaPhone : (231) 886 708208 / 555 240384 Fax : (231) 88860 8902E-mail : [email protected]
Head Office, Avenue du Colonel Parant BP 915 LibrevillePhone : (241) 01 74 36 92 / Fax : (241) 01 74 36 91E-mail : [email protected]
Senior ManagementMr Apollinaire EVA ESSANGONE, Managing Director Mr Vincent MVOLA NDONG, Deputy Managing Director
Senior ManagementMr Ishola AKINTUNDE, Managing Director
New companies
This transaction enables SUNU Group to operate for the first time in an English-speaking country, and in a very high-growing market such as Nigeria.Equity Assurance PLC owns a subsidiary in Ghana that operates in the Non-Lifeinsurance business. The Ghana subsidiary also owns a subsidiary in Liberiaauthorized for Life and Non-Life insurance businesses.With this acquisition, SUNU Group remains true to its proximity policy,operating henceforth in 14 African countries with its 22 insurance companies.
At the end of the year 2015, SUNU Group acquired 60% shareholdingin a Nigerian insurance company called Equity Assurance PLC. It isa company listed on the Nigerian Stock Exchange and is active in Non-Lifeinsurance.
8 9
GabonSUNU Assurances Vie Gabon
Avenue du Colonel ParantBP 2137 LibrevillePhone : (241) 01 74 34 34Fax : (241) 01 72 48 57E-mail : [email protected]
CameroonSUNU Assurances Vie Cameroon
578, Rue Tobie Kuoh BonanjoBP 2153 DoualaPhone : (237) 233 42 12 46Fax : (237) 233 42 12 82E-mail : [email protected]
Central Africa RepublicSUNU Assurances IARD Central Africa
Rue de la VictoireBP 896 BanguiPhone : (236) 21 61 31 02 / 21 61 66 35Fax : (236) 21 61 18 48E-mail : [email protected]
Burkina FasoSUNU Assurances Vie Burkina Faso Avenue Houari Boumedienne15 BP 130 Ouagadougou 15 Phone : (226) 25 33 37 11 Fax : (226) 25 33 37 12E-mail : [email protected]
SUNU Assurances IARD Burkina FasoAvenue du Dr Kwame N’krumah01 BP 6131 Ouagadougou 01Phone : (226) 25 30 25 12Fax : (226) 25 30 25 14E-mail : [email protected]
Côte d’IvoireSUNU Assurances Vie Côte d’Ivoire
9 av. Houdaille 01 BP 2016 Abidjan 01Phone : (225) 20 31 04 00Fax : (225) 20 22 37 60E-mail : [email protected]
SUNU Assurances IARD Côte d’Ivoire
AAA-VIE
Immeuble SUNUPlateau, Abidjan01 BP 3803 Abidjan 01Phone : (225) 20 25 18 18Fax : (225) 20 32 57 91E-mail : [email protected]
Avenue Botreau RousselImmeuble SUNU 6 floorth
01 BP 11944 Abidjan 01 Phone : (225) 20 33 98 20Fax : (225) 20 33 88 14E-mail : [email protected]
BeninSUNU Assurances Vie BeninPlace du Souvenir
Phone : (229) 21 30 02 12 Fax : (229) 21 30 07 69E-mail : [email protected]
AvieAvenue ClozelImmeuble Notre-Dame01 BP 7061 CotonouPhone : (229) 21 31 83 55Fax : (229) 21 31 83 57E-mail : [email protected]
08 BP 70 Cotonou
SUNU Assurances IARD Gabon
Avenue du Colonel ParantBP 915 LibrevillePhone : (241) 01 74 36 92 Fax : (241) 01 74 36 91E-mail : [email protected]
Equity Assurance Limited Ghana
Ghana
48 Senchi Street, off Aviation RoadP.O. Box 16235, KIA Airport-AccraPhone : (233) 302 770548 / 302 709003E-mail : [email protected]
Subsidiaries contacts information
10
NigerSUNU Assurances Vie NigerRue de KalleyBP 423 NiameyPhone : (227) 20 73 41 75 Fax : (227) 20 73 41 85E-mail : [email protected] Assurances IARD Niger
216, rue de KalleyBP 11935 NiameyPhone : (227) 20 73 40 71Fax : (227) 20 73 97 99E-mail : [email protected]
F
F
TogoSUNU Assurances Vie Togo
Immeuble SUNU812 bvd du 13 Janvier BP 2680 LomePhone : (228) 22 21 36 56ax : (228) 22 21 10 39
E-mail : [email protected] Assurances IARD Togo Immeuble SUNU812 bvd du 13 Janvier BP 495 Lome Phone : (228) 22 21 10 34ax : (228) 22 21 87 24
E-mail : [email protected]
MaliSUNU Assurances IARD Mali Immeuble Fily Keïta HamdallayeACI 2000 BPE 1861 BamakoPhone : (223) 20 22 08 02Fax : (223) 20 22 08 03E-mail : [email protected]
GuineaSUNU Assurances GuineaImmeuble MAKKARue KAO15 Almamya Nigercommune de KaloumBP 1618 ConakryPhone : (224) 666 10 10 27E-mail : [email protected]
Equity Assurance Company Limited Liberia
Liberia
14th Street Grand Royal Hotel Monrovia, LiberiaPhone : (231) 886 708208 / 555 240384 Fax : (231) 88860 8902E-mail : [email protected]
Equity Assurance PLC Nigeria
Nigeria
Plot 1196,Bishop Oluwole Street Off Akin Adesola RoadVictoria Island, Lagos, P.O. Box 1514, Marina, LagosPhone : (234) 1- 2802012 / 2802011E-mail : [email protected] Website : www.equityassuranceplc.com
SUNU Assurances Vie Senegal
1, rue Ramez Bourgi X place KermelBP 182 DakarPhone : (221) 33 889 00 40 Fax : (221) 33 823 11 08 E-mail : [email protected]
Senegal
SUNU Assurances IARD Senegal1, rue Ramez Bourgi X place Kermel BP 50184 DakarPhone : (221) 33 889 62 00Fax : (221) 33 821 33 63Email : [email protected]
KAJAS Microfinance1, Rue Ramez Bourgi X place KermelBP 45191 DakarPhone : (221) 33 842 18 50E-mail : [email protected] : www.kajasmf.com
11
104
SUNU Participations Holding SAPublic Company under French law with a share capital of Euro 22,000,000 fully paid
Head Office : 48 ter Rue Delerue, 94100 Saint-Maur des Fossés - FRANCE Phone : (33) 1 48 86 62 66 / Fax : (33) 1 48 86 62 55 / E-mail : [email protected]
Registration Number Créteil 524 499 886
www.sunu-group.com