Mozambique

Introduction: 

The Republic of Mozambique is a country in Southeast Africa bordered by the Indian Ocean. It has a population of approximately 29.7 million. The national currency is the Mozambican metical.

It is early to discuss the Mozambique insurance industry as it is at an emerging stage of development and its growth potential will be revealed over the upcoming decade. It is important to note however that the insurance sector shall be impacted by the country’s weather conditions (cyclones) and low disposable income.

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