New Market Research Report: The Insurance Industry in Zimbabwe, Key Trends and Opportunities to 2017

From: Fast Market Research, Inc.
Published: Wed Apr 24 2013

Zimbabwe's economy is recovering after several years of negative growth, with the adoption of a multicurrency payments system in February 2009 marking the end of a decade-long hyperinflationary period. According to the African Development Bank, Zimbabwe's economy is on a solid growth path, supported by expansion in the mining, agriculture and manufacturing sectors. Real GDP was expected to register 4.4% growth in 2012, improving to 5.5% in 2013. Zimbabwe's insurance industry also recovered from a downturn and posted a robust CAGR of 45.5% during the review period (2009-2012).

Key Highlights

* The non-life insurance segment accounted for the largest share of the total insurance written premium value in 2012
* The minimum capital requirement for Zimbabwean insurers was increased in the country's 2013 budget. The main aim of this move was to improve insurers' underwriting capacities, increase protection to policyholders, and to facilitate growth in the insurance industry
* Over the forecast period, the government's Medium Term Plan strategy (2011-2015), which targets an average GDP growth of 7.1% over 2011-2015 through increased investment in infrastructure, will accelerate the demand for non-life insurance such as property-related products
* Poverty has been a major obstacle for growth in Zimbabwe's insurance industry

Full Report Details at


This report provides a comprehensive analysis of the insurance industry in Zimbabwe:

* It provides historical values for the Zimbabwean insurance industry for the report's 2009-2012 review period and forecast figures for the 2012-2017 forecast period
* It offers a detailed analysis of the key segments and categories in the Zimbabwean insurance industry, along with industry forecasts until 2017
* 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 Zimbabwe and outlines the key regulations affecting them

Reasons to Purchase

* Make strategic business decisions using in depth historic and forecast industry data related to the Zimbabwean insurance industry and each segment within it
* Assess the competitive dynamics in the Zimbabwean insurance industry
* Understand the demand-side dynamics, key market trends and growth opportunities within the Zimbabwean insurance industry
* Identify the growth opportunities and market dynamics within key segments
* Gain insights into key regulations governing the Zimbabwean insurance industry and its impact on companies and the industry's future

Companies Mentioned in this Report: Old Mutual Zimbabwe, First Mutual Life Assurance Company, Zimnat Life Assurance Company Ltd, NicozDiamond Insurance Ltd, Alliance Insurance Company P/L

About Fast Market Research

Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.

For more information about these or related research reports, please visit our website at or call us at 1.800.844.8156.

You may also be interested in these related reports:

- The Insurance Industry in Jordan, Key Trends and Opportunities to 2017
- The Insurance Industry in Slovenia, Key Trends and Opportunities to 2017
- The Insurance Industry in Croatia, Key Trends and Opportunities to 2017
- The Insurance Industry in Estonia, Key Trends and Opportunities to 2017
- The Insurance Industry in Romania, Key Trends and Opportunities to 2017

Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email:
Contact Phone: 1-413-485-7001

Visit website »