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The Insurance Industry in Mozambique, Key Trends and Opportunities to 2020

The Insurance Industry in Mozambique, Key Trends and Opportunities to 2020

Synopsis

Timetric’s 'The Insurance Industry in Mozambique, Key Trends and Opportunities to 2020' report provides a detailed analysis of the Mozambican insurance industry.

It provides key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, total assets, total investment income and retentions during the review (2011–2015) and forecast periods (2015–2020).

The report also gives a comprehensive overview of the Mozambican economy and demographics, and provides detailed information on the competitive landscape in the country. It also includes analysis of the impact of natural hazards on the insurance industry.

The report brings together Timetric’s research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulations and recent changes in the regulatory structure.

Summary

Timetric’s 'The Insurance Industry in Mozambique, Key Trends and Opportunities to 2020' report provides in-depth market analysis, information and insights into the Mozambican insurance industry, including:

  • An overview of the Mozambican insurance industry
  • The Mozambican insurance industry's growth prospects by segment and category
  • A comprehensive overview of the Mozambican economy and demographics
  • The detailed competitive landscape in the Mozambican insurance industry
  • Details of regulatory policy applicable to the Mozambican insurance industry
  • Analysis of natural hazards in the Mozambican insurance industry
Scope

This report provides a comprehensive analysis of the insurance industry in Mozambique:
  • It provides historical values for the Mozambican insurance industry for the report’s 2011–2015 review period, and projected figures for the 2015–2020 forecast period.
  • It offers a detailed analysis of the key segments in the Mozambican insurance industry, with market forecasts to 2020.
  • It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, combined ratio, total assets, total investment income and retentions.
  • It profiles the top insurance companies in Mozambique, and highlights recent developments.
  • It covers the economic and demographic structure of Mozambique.
  • It analyzes the impact of natural hazards in the Mozambican insurance industry.
Reasons To Buy
  • Make strategic business decisions using in-depth historic and forecast market data related to the Mozambican insurance industry, and each segment and category within it.
  • Understand the demand-side dynamics, key market trends and growth opportunities in the Mozambican insurance industry.
  • Assess the competitive dynamics in the Mozambican insurance industry.
  • Identify growth opportunities and market dynamics in key segments.
  • Gain insights into key regulations governing the Mozambican insurance industry, and their impact on companies and the industry's future.
Key Highlights
  • According to the Finscope Consumer Survey, in 2014 only 24.0% of adults in urban areas had access to formal financial services.
  • The life segment accounted for 18.0% of the industry's gross written premium in 2015.
  • The personal accident and health segment accounted for 10.3% of the industry's gross written premium in 2015.
  • As of 2015, there were 18 operational insurance companies, of which four were composite, three were life and 11 were non-life insurers.


  • Key Facts and Highlights
    • Table Mozambican Insurance Industry - Key Facts, 2015
    • Table Mozambican Insurance Industry - Leading Insurers, 2015
  • Executive Summary
  • Economy and Demography
    • Table Mozambican Government Credit Ratings
  • Industry Outlook
    • Regional Comparison
    • Industry Indicators
      • Gross written premium
        • Table Mozambican Insurance Industry - Gross Written Premium by Segment (MZN Billion), 2011-2015
        • Table Mozambican Insurance Industry - Gross Written Premium by Segment (MZN Billion), 2015-2020
      • Claims
        • Table Mozambican Insurance Industry - Paid Claims by Segment (MZN Million), 2011-2015
        • Table Mozambican Insurance Industry - Paid Claims by Segment (MZN Million), 2015-2020
      • Assets and investments
        • Table Mozambican Insurance Industry - Total Assets by Segment (MZN Billion), 2011-2015
        • Table Mozambican Insurance Industry - Total Assets by Segment (MZN Billion), 2015-2020
        • Table Mozambican Insurance Industry - Total Investment Income by Segment (MZN Million), 2011-2015
        • Table Mozambican Insurance Industry - Total Investment Income by Segment (MZN Million), 2015-2020
  • Life Insurance Outlook
    • Life Insurance
      • Gross written premium
        • Table Mozambican Life Insurance - Gross Written Premium (MZN Billion and US$ Million), 2011-2015
        • Table Mozambican Life Insurance - Gross Written Premium (MZN Billion and US$ Million), 2015-2020
    • Non-Life Insurance Outlook
    • Property Insurance
      • Gross written premium
        • Table Mozambican Property Insurance - Gross Written Premium (MZN Billion and US$ Million), 2011-2015
        • Table Mozambican Property Insurance - Gross Written Premium (MZN Billion and US$ Million), 2015-2020
      • Profitability
        • Table Mozambican Property Insurance - Loss Ratio (%), 2011-2015
        • Table Mozambican Property Insurance - Loss Ratio (%), 2015-2020
    • Motor Insurance
      • Gross written premium
        • Table Mozambican Motor Insurance - Gross Written Premium (MZN Billion and US$ Million), 2011-2015
        • Table Mozambican Motor Insurance - Gross Written Premium (MZN Billion and US$ Million), 2015-2020
      • Profitability
        • Table Mozambican Motor Insurance - Loss Ratio (%), 2011-2015
        • Table Mozambican Motor Insurance - Loss Ratio (%), 2015-2020
    • Liability Insurance
      • Gross written premium
        • Table Mozambican Liability Insurance - Gross Written Premium (MZN Billion and US$ Million), 2011-2015
        • Table Mozambican Liability Insurance - Gross Written Premium (MZN Billion and US$ Million), 2015-2020
      • Profitability
        • Table Mozambican Liability Insurance - Loss Ratio (%), 2011-2015
        • Table Mozambican Liability Insurance - Loss Ratio (%), 2015-2020
    • Marine, Aviation and Transit Insurance
      • Gross written premium
        • Table Mozambican Marine, Aviation and Transit Insurance - Gross Written Premium (MZN Million and US$ Million), 2011-2015
        • Table Mozambican Marine, Aviation and Transit Insurance - Gross Written Premium (MZN Million and US$ Million), 2015-2020
      • Profitability
        • Table Mozambican Marine, Aviation and Transit Insurance - Loss Ratio (%), 2011-2015
        • Table Mozambican Marine, Aviation and Transit Insurance - Loss Ratio (%), 2015-2020
  • Personal Accident and Health Insurance Outlook
    • Personal Accident and Health Insurance
      • Gross written premium
        • Table Mozambican Personal Accident and Health Insurance - Gross Written Premium (MZN Billion and US$ Million), 2011-2015
        • Table Mozambican Personal Accident Insurance - Gross Written Premium (MZN Billion and US$ Million), 2015-2020
      • Profitability
        • Table Mozambican Personal Accident and Health Insurance - Loss Ratio (%), 2011-2015
        • Table Mozambican Personal Accident and Health Insurance - Loss Ratio (%), 2015-2020
  • Reinsurance Outlook
    • Premium Ceded
      • Table Mozambican Reinsurance - Premium Ceded by Insurance Segment (MZN Billion), 2011-2015
      • Table Mozambican Reinsurance - Premium Ceded by Insurance Segment (MZN Billion), 2015-2020
  • Distribution Channel Outlook
  • Natural Hazards
    • Flooding
    • Droughts
    • Man Made Hazards
    • Epidemics
    • Exposure
  • Competitive Landscape
    • Table Mozambican Insurance Industry - Segment Shares (%) of Leading Life Insurers, 2015
    • Table Mozambican Insurance Industry - Segment Shares (%) of Leading Non-Life Insurers, 2015
    • Company Profiles
      • Global Alliance - Seguros, SA - company overview
        • Table Global Alliance - Seguros, SA - Key Facts
      • Empresa Moçambicana de Seguros, SA (EMOSE) - company overview
        • Table Empresa Moçambicana de Seguros, SA (EMOSE) - Key Facts
      • Seguradora Internacional de Moçambique, SA (SIM) - company overview
        • Table Seguradora Internacional de Moçambique, SA (SIM) - Key Facts
      • Hollard Moçambique Companhia de Seguros SARL - company overview
        • Table Hollard Moçambique Companhia de Seguros SARL - Key Facts
      • Austral Seguros, SA - company overview
        • Table Austral Seguros, SA - Key Facts
  • Governance, Risk and Compliance
    • Table Mozambique - Insurance Regulatory Framework Key Features
    • Legislation Overview and Historical Evolution
    • Latest Changes in Regulation
    • Legislation and Market Practice by Type of Insurance
      • Life insurance
        • Table Mozambique- Life Insurance Regulatory Framework
      • Property insurance
        • Table Mozambique - Property Insurance Regulatory Framework
      • Motor insurance
        • Table Mozambique- Motor Insurance Regulatory Framework
      • Liability insurance
        • Table Mozambique - Liability Insurance Regulatory Framework
      • Marine, aviation and transit insurance
      • Personal accident and health insurance
    • Compulsory Insurance
      • Motor third-party liability insurance
      • Social security system
      • Professional indemnity insurance for insurance intermediaries
      • Aviation liability insurance
      • Liability insurance for ships with respect to oil pollution
      • Workmen's compensation insurance
    • Supervision and Control
      • International Association of Insurance Supervisors
      • African Insurance Organization
      • Instituto de Supervisao de Seguros de Moçambique
    • Non-Admitted Insurance Regulations
      • Overview
      • Intermediaries
      • Market practices
      • Fines and Penalties
    • Company Registration and Operations
      • Type of insurance organization
      • Establishing a local company
      • Foreign ownership
      • Types of license
      • Capital requirements
      • Solvency margin
      • Reserve requirements
      • Investment regulations
        • Table Mozambique - Spread of Assets Representing Technical Reserves
      • Statutory return requirements
      • Fee structure
    • Taxation
      • Insurance premium or policy taxation
      • Withholding taxes on premium paid overseas
      • Corporate tax
        • Table Mozambique - Corporate Tax Rates for the Financial Year 2016
      • VAT
      • Captives
    • Legal System
      • Introduction
      • Access to court
      • Alternative dispute resolution
  • Databook
    • Life Insurance
      • Policies and premium
        • Table Mozambican Life Insurance - Policies and Premium, 2011-2015
        • Table Mozambican Life Insurance - Policies and Premium, 2015-2020
      • Claims and expenses
        • Table Mozambican Life Insurance - Claims and Expenses, 2011-2015
        • Table Mozambican Life Insurance - Claims and Expenses, 2015-2020
      • Assets and investments
        • Table Mozambican Life Insurance - Assets and Investments, 2011-2015
        • Table Mozambican Life Insurance - Assets and Investments, 2015-2020
    • Non-Life Insurance
      • Policies and premium
        • Table Mozambican Non-Life Insurance - Policies and Premium, 2011-2015
        • Table Mozambican Non-Life Insurance - Policies and Premium, 2015-2020
      • Claims and expenses
        • Table Mozambican Non-Life Insurance - Claims and Expenses, 2011-2015
        • Table Mozambican Non-Life Insurance - Claims and Expenses, 2015-2020
      • Assets and investments
        • Table Mozambican Non-Life Insurance - Assets and Investments, 2011-2015
        • Table Mozambican Non-Life Insurance - Assets and Investments, 2015-2020
      • Property insurance
        • Table Mozambican Non-Life Insurance - Property Insurance, 2011-2015
        • Table Mozambican Non-Life Insurance - Property Insurance, 2015-2020
      • Property insurance by product
        • Table Mozambican Non-Life Insurance - Property Insurance by Product, 2011-2015
        • Table Mozambican Non-Life Insurance - Property Insurance by Product, 2015-2020
      • Motor insurance
        • Table Mozambican Non-Life Insurance - Motor Insurance, 2011-2015
        • Table Mozambican Non-Life Insurance - Motor Insurance, 2015-2020
      • Liability insurance
        • Table Mozambican Non-Life Insurance - Liability Insurance, 2011-2015
        • Table Mozambican Non-Life Insurance - Liability Insurance, 2015-2020
      • Marine, aviation and transit insurance
        • Table Mozambican Non-Life Insurance - Marine, Aviation and Transit Insurance, 2011-2015
        • Table Mozambican Non-Life Insurance - Marine, Aviation and Transit Insurance, 2015-2020
    • Personal Accident and Health Insurance
      • Policies and premium
        • Table Mozambican Personal Accident and Health Insurance - Policies and Premium, 2011-2015
        • Table Mozambican Personal Accident and Health Insurance - Policies and Premium, 2015-2020
      • Claims and expenses
        • Table Mozambican Personal Accident and Health Insurance - Claims and Expenses, 2011-2015
        • Table Mozambican Personal Accident and Health Insurance - Claims and Expenses, 2015-2020
      • Assets and investments
        • Table Mozambican Personal Accident and Health Insurance - Assets and Investments, 2011-2015
        • Table Mozambican Personal Accident and Health Insurance - Assets and Investments, 2015-2020
  • Definitions and Methodology
    • Definitions
      • Table Insurance Industry Definitions
    • Methodology
  • About Timetric
    • Contact Timetric
    • About Timetric
    • Timetric's Services
    • Disclaimer

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