Zambia

Introduction: 

Zambia is a landlocked country in southern Africa with about 17 million inhabitants. The national currency is the Zambian kwacha.

The insurance sector in Zambia has a low penetration rate. There are favorable conditions for growth and development. The life sector is expected to experience modest growth. The economic environment, regulatory environment and the understanding of the importance, role, and benefits of insurance products are all deteriorating factors for the future outlook.

 

 

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