Zambia Insurance Q1 2020

Zambia Insurance Q1 2020

Key View:

Zambia’s insurance markets are positioned for healthy growth over our forecast period, albeit from a low base. Inparticular, we believe that improving health and life expectancy trends and wider economic growth will help to support continuedgrowth in the life sector We remain relatively cautious about the prospects for the non-life sector owing to the country's largeproportion of low-income households which are generally unable to afford any non-life products other than micro-insurancesolutions. Other major risks to our outlook are a potential downturn in the price of copper, which has failed to see growth over 2019,and persistently high levels of inflation.

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
African Life/Sanlam Life Insurance Company Zambia
Insurance Methodology

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