Namibia Insurance Q4 2018
We leave our core local currency denominated forecasts for Namibia's life insurance market unchanged for a secondquarter in a row. We continue to predict premiums to rise by an annual average of 5.4% over the next five years, with premiums inUS dollar terms rising largely comparably, at an average rate of slightly less than 5.0% per year. We have tweaked our forecasts fornon-life premiums this quarter, but the overall trajectory is broadly similar to last quarter. On a five-year view, we predict thatpremiums will rise by an annual average of just under 9.0% in local currency terms and just over 8.0% in US dollar terms, with onlymodest fluctuations around these averages across the course of the forecast period.
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