Zambia Insurance Q1 2021

Zambia Insurance Q1 2021

Key View:

The Zambian insurance industry is projected to see a gradual recovery from the economic impacts of the Covid-19pandemic from 2021 onwards, given copper prices will recover. Importantly, any growth will be from a low base and will continue todepend especially on compulsory lines and the affluence of a small urban middle class. We therefore continue to remain relativelycautious towards the prospects for the non-life sector in particular. Furthermore, the country’s persistently high levels of inflationpresent a major risk to our outlook.

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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