The Insurance Industry in Malawi, Key Trends and Opportunities to 2022
Summary
'The Insurance Industry in Malawi, Key Trends and Opportunities to 2022' report provides detailed analysis of the market trends, drivers and challenges in the Malawian insurance industry.
It provides key performance indicators such as written premium and claims during the review period (2013-2017) and forecast period (2017-2022).
The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the Malawian 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.
Inside this report, we look at the top themes, its predictions and identify winners and losers.
This report provides in-depth market analysis, information and insights into the Malawian insurance industry, including -
Key Highlights
Scope
Reasons to buy
Summary
'The Insurance Industry in Malawi, Key Trends and Opportunities to 2022' report provides detailed analysis of the market trends, drivers and challenges in the Malawian insurance industry.
It provides key performance indicators such as written premium and claims during the review period (2013-2017) and forecast period (2017-2022).
The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the Malawian 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.
Inside this report, we look at the top themes, its predictions and identify winners and losers.
This report provides in-depth market analysis, information and insights into the Malawian insurance industry, including -
- The Malawian insurance industry's growth prospects by segment and category
- A comprehensive overview of the Malawian economy and demographics
- Details of the competitive landscape in the Malawian insurance industry
- The various distribution channels in the Malawian insurance industry
- Details of regulatory policy applicable to the Malawian insurance industry
- Analysis of natural hazards in the Malawian insurance industry
Key Highlights
- On October 11, 2017, the Government of Malawi issued the Insurance Directive 2017, which stipulates the classes of insurance to be operated in the country.
- On October 11, 2017, the Reserve Bank of Malawi (RBM) introduced three directives regarding an increase in minimum solvency requirements for life insurance, general insurance and reinsurance companies operating in the country.
- On October 3, 2017, the Government of Malawi issued Financial Services (Insurance Supervisory Levy) Regulations 2017. This comprises a minimum and maximum supervisory levy on insurers and insurance intermediaries.
Scope
- This report provides a comprehensive analysis of the insurance industry in Malawi.
- It provides historical values for the Malawian insurance industry for the report’s 2013-2017 review period, and projected figures for the 2017-2022 forecast period.
- It offers a detailed analysis of the key segments in the Malawian insurance industry, with market forecasts to 2022.
- It covers an exhaustive list of parameters, including written premium and claims.
- It analyzes the various distribution channels in Malawi.
- It profiles the top insurance companies in Malawi, and outlines the key regulations affecting them.
Reasons to buy
- Make strategic business decisions using in-depth historic and forecast market data related to the Malawian insurance industry and each segment and category within it.
- Understand the demand-side dynamics, key market trends and growth opportunities in the Malawian insurance industry.
- Assess the competitive dynamics in the Malawian insurance industry.
- Identify the growth opportunities and market dynamics in key segments.
- Gain insights into key regulations governing the Malawian insurance industry and their impact on companies and the industry's future.
Table of Contents
1. Key Facts and Highlights2 Executive Summary3 Economy and Demographics8 Distribution Channel Outlook
4 Industry Outlook
5 Life Insurance Outlook
6 General Insurance Outlook
7 Reinsurance Outlook
9 Natural and Man-Made Hazards
10 Competitive Landscape
11 Governance, Risk and Compliance
12 Databook
13 Definitions and Methodology
14 About the Publisher
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Nico General Insurance Company Ltd
- Nico Life Insurance Company Ltd
- Old Mutual Life Assurance Company Ltd
- United General Insurance Company Ltd
- Prime Insurance Company Ltd
- Charter Insurance Company Ltd
- Reunion Insurance Company Ltd
- Britam Insurance Company Malawi Ltd
- Vanguard Life Assurance Company Ltd
- Smile Life Insurance Company Ltd