Zimbabwe Insurance Q1 2020
Similar to other sectors of the country's economy, Zimbabwe's insurance industry is facing enormously challengingoperating conditions. The country has fallen into a recession and further decline is expected in the short term and high levels ofinflation, continued political instability and ongoing liquidity shortages will dampen economic growth and in turn limit individual andcorporate demand for a broad range of insurance lines. As such this is a market which will remain heavily dependent upon basic,affordable insurance products with little demand for more sophisticated covers.
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