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October 18, 2017 Newswires
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Insurance Industry in Zimbabwe – Key Trends and Opportunities to 2021 – Research and Markets

Business Wire

DUBLIN--(BUSINESS WIRE)-- The "The Insurance Industry in Zimbabwe, Key Trends and Opportunities to 2021" report has been added to Research and Markets' offering.

The 'The Insurance Industry in Zimbabwe, Key Trends and Opportunities to 2021' report provides detailed analysis of the market trends, drivers and challenges in the Zimbabwean 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 period (2012-2016) and forecast period (2016-2021).

The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the Zimbabwean economy and demographics, and provides detailed information on the competitive landscape in the country.

The report brings together 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.

Key Highlights:

  • On June 16, 2017, the Insurance and Pensions Commission (IPEC) introduced microinsurance regulation.
  • In 2017, First Mutual Health (FMHC) launched a mobile app to manage their insurance portfolio online. The app also enables the online purchase of insurance products from the company
  • FBC Insurance has adopted SSP's digital insurance technology in order to operate more efficiently and remain compliant with the stringent Zimbabwean regulatory environment.
  • In March 2016, IPEC increased registration fees and levies for insurance companies and pension funds.
  • In 2016, Old Mutual Life, in partnership with Blue Marble Microinsurance, launched a drought insurance product providing insurance against seasonal droughts.

Companies Mentioned

  • Old Mutual Zimbabwe
  • Nyaradzo Funeral Assurance Company
  • First Mutual Life Assurance Company
  • Alliance Insurance Company
  • Nicoz Diamond Insurance Company
  • Zimnat Lion Insurance Company
  • FMRE Property & Casualty Company
  • ZB Reinsurance Company
  • FBC Reinsurance Company

Key Topics Covered:

1 Key Facts and Highlights

2 Executive Summary

3 Economy and Demographics

4 Industry Outlook

5 Life Insurance Outlook

6 Non-Life Insurance Outlook

7 Personal Accident and Health Insurance Outlook

8 Reinsurance Outlook

9 Distribution Channel Outlook

10 Natural and Man-Made Hazards

11 Competitive Landscape

12 Governance, Risk and Compliance

13 Databook

For more information about this report visit https://www.researchandmarkets.com/research/2bnmqz/the_insurance

View source version on businesswire.com: http://www.businesswire.com/news/home/20171018005665/en/

Research and Markets

Laura Wood, Senior Manager

press@researchandmarkets.com

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Source: Research and Markets

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