Botswana Insurance Report - Business Monitor International - Industry Reports

Botswana Insurance Report

Botswana Insurance Report - Business Monitor International - Industry Reports
Botswana Insurance Report
Published Sep 03, 2016
45 pages — Published Sep 03, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

Life insurance in Botswana is far larger than the non-life sector, and is set to grow faster than non-life business over the next five years. In BWP terms, growth has been consistently above -- since ----, and gross premiums have almost doubled in this period. ...Most insurers will also benefit from multi-channel distribution. The demographic patterns prevalent in Botswana do dampen growth potential in the life sector as the population structure of the country means that there will be very little demand for retirement income solutions for the foreseeable future. Fewer than --,--- people are currently aged -- or over. ...Fewer than --,--- people are currently aged -- or over.

...� Business Monitor International Ltd Page - will rise quickly through the forecast period, but will still be less than ---,--- at the end of the forecast period. Botswana s government is increasing its commitment to developing the quality of the country s healthcare provision, with the previous ---- state budget increasing by -.- to USD---mn for the Ministry of Health to address the country s HIV/AIDS burden. ...� Business Monitor International Ltd Page - will rise quickly through the forecast period, but will still be less than ---,--- at the end of the forecast period. Botswana s government is increasing its commitment to developing the quality of the country s healthcare provision, with the previous ---- state budget increasing by -.- to USD---mn for the Ministry of Health to address the country s HIV/AIDS burden. Such initiatives will drive longer term improvements to life expectancy and in turn stimulate demand for various life products however it will be some time before substantial change is achieved. ...As a result, few households are able to afford traditional life products are savings, putting the emphasis on micro-insurance. Gradually, during the forecast period, we will see a slight expansion in the key households of USD--,--- to USD--,--- bracket, as well as the USD-,--- to USD--,--- bracket which does suggest greater affordability among the population.

...Life insurance is forecast to record healthy annual growth in premiums of just over - between ---- and ---- (in local currency terms). ...Life insurance is forecast to record healthy annual growth in premiums of just over - between ---- and ---- (in local currency terms). This will in part be the result of the likely rise in household incomes. ...

  
Source:
Document ID
2055-4052
Country
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Botswana Insurance Report" Sep 03, 2016. Alacra Store. Dec 06, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Botswana-Insurance-Report-2026-1585>
  
APA:
Business Monitor International - Industry Reports. (2016). Botswana Insurance Report Sep 03, 2016. New York, NY: Alacra Store. Retrieved Dec 06, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Botswana-Insurance-Report-2026-1585>
  
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