DUBLIN--(BUSINESS WIRE)--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%.
- 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
3 Zambian Insurance Industry Overview
4 Industry Segmentation
5 Governance, Risk and Compliance
6 Competitive Landscape
7 Economic Indicators
- 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