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Botswana Insurance Q4 2019

Botswana Insurance Q4 2019

Key View:

Botswana's insurance industry will grow strongly over the next five years, on the back of high levels of insurance densityand penetration. Life insurance, in particular, will see rapid growth on the back of growing household incomes, consequentlyoutpacing the non-life segment. Economic growth in Botswana is lower than expected, however, largely due to a decline in globaldiamond demand, which might continue to impact on demand for insurance products over the coming years. Still, Botswana'sconsumer base is expected to find support from relatively low inflation, and therefore we expect private consumption to grow andsteadily push demand for insurance in the years ahead.

Key View
Insurance SWOT
Industry Forecast
Life Premiums Forecast
Non-Life Premiums Forecast
Non-Life Sub-Sector Forecast
Industry Risk/Reward Index
Sub-Saharan Africa Insurance Risk/Reward Index
Market Overview
Life Market Overview
Non-Life Market Overview
Company Profile
Botswana Insurance Company
Botswana Life
Fairfax Holdings/Bryte Insurance
Liberty Life Botswana
Insurance Methodology

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