Research and Markets: The Insurance Industry in Zambia, Key Trends and Opportunities to 2018

DUBLIN--()--Research and Markets (http://www.researchandmarkets.com/research/wp7w9c/the_insurance) has announced the addition of the "The Insurance Industry in Zambia, Key Trends and Opportunities to 2018" report to their offering.

Zambia ranks among the top 15 fastest-growing economies globally, and its economy continues to be strong, with the country having achieved middle income status in 2011. Zambia's economy grew at a CAGR of 14.9% during the review period, and is estimated to grow by 7.1% in 2014.

Led by relatively stable economic growth and a progressive regulatory environment, the country's insurance industry registered strong growth during the review period, driven primarily by the non-life segment, which accounted for 63.7% of the industry's gross written premium value in 2013. Gross written premium grew at a review-period CAGR of 15.6%, and is projected to grow at a CAGR of 13.9% over the forecast period. A number of insurance companies entered the industry, attracted by the positive growth potential and low penetration rate, which stood at 1.37% in 2012, compared with the African average of 3.65%.

Scope

  • It provides historical values for the Zambian insurance industry for the report's 2009-2013 review period and forecast figures for the 2013-2018 forecast period.
  • It offers a detailed analysis of the key segments and categories in the Zambian insurance industry, along with forecasts until 2018.
  • It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, total assets, total investment income and retentions.
  • It profiles the top insurance companies in Zambia, and outlines the key regulations affecting them.

Key Topics Covered:

1 Executive Summary

2 Introduction

3 Zambian Insurance Industry Overview

4 Industry Segmentation

5 Governance, Risk and Compliance

6 Competitive Landscape

7 Economic Indicators

8 Appendix

Companies Mentioned

  • ZSIC Ltd
  • Professional Insurance Corporation Zambia Ltd
  • Madison General Insurance Company Zambia Ltd
  • Goldman Insurance Ltd
  • African Life Assurance Zambia
  • NICO Insurance Zambia Ltd

For more information visit http://www.researchandmarkets.com/research/wp7w9c/the_insurance

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Insurance

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Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Insurance