Zimbabwe Insurance Market Share, Size, Growth, Competetive Analysis, Overview, Key Trends and Opportunities to 2019
Synopsis
Timetric’s 'The Insurance Industry in Zimbabwe, Key Trends and Opportunities to 2019' 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 (2010–2014) and forecast period (2014–2019).
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 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.
Browse Detail Report With TOC @ http://www.radiantinsights.com/research/the-insurance-industry-in-zimbabwe-key-trends-and-opportunities-to-2019
Key Highlights
• The industry grew at a review period (2010–2014) compound annual growth rate (CAGR) of 27.7%.
• In terms of gross written premium, the top three companies in life segment accounted for 82.7% of the market share in 2015, while the top three funeral insurers accounted for 86.4% and the four largest non-life insurers accounted for 50.0%.
• To reduce operational expenses in terms of commissions paid to brokers, insurers are focusing on developing digital platforms – particularly mobile networks – to deliver the service.