12-11-2018 01:36 PM CET - Business, Economy, Finances, Banking & Insurance
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Insurance Market Is Thriving | Entrepo Life, Santam Namibia, Namforce Life Insurance, Trustco Insurance

Press release from: HTF Market Intelligence Consulting Pvt. Ltd.
Insurance Market
Insurance Market
HTF MI recently introduced The Insurance Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Liberty Life Namibia Ltd, Bonben Assurance Namibia Ltd, Hollard Life Namibia Ltd, Entrepo Life Ltd, Old Mutual Life Assurance Co. of Namibia, MMI Holdings Namibia Ltd, Professional Provident Society Insurance Co. (Nam) Ltd, Santam Namibia, NedNamibia Life Assurance Company Ltd, Namforce Life Insurance Ltd, Trustco Insurance Ltd, Hollard Insurance Company, Outsurance Insurance Company of Namibia Ltd, Western National Insurance Company, Old Mutual Short-term Insurance Company, King Price Insurance Company of Namibia Ltd, Lexna Insurance Ltd, Nasria, Ripley's Insurance Ltd, Quanta Insurance Ltd etc.

Request Sample of The Insurance Industry in Namibia, Key Trends and Opportunities to 2022 @: www.htfmarketreport.com/sample-report/1489732-the-insuran...

'The Insurance Industry in Namibia, Key Trends and Opportunities to 2022' report provides detailed analysis of the market trends, drivers and challenges in the Namibian insurance industry.

It provides key performance indicators such as written premium and claims during the review period (2013-2017) and forecast period (2017-2022).

The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the Namibian economy and demographics, and provides detailed information on the competitive landscape in the country.

The report brings together Analyst’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.

Inside this report, we look at the top themes, its predictions and identify winners and losers.

This report provides in-depth market analysis, information and insights into the Namibian insurance industry, including -
- The Namibian insurance industry's growth prospects by segment and category
- A comprehensive overview of the Namibian economy and demographics
- Details of the competitive landscape in the Namibian insurance industry
- The various distribution channels in the Namibian insurance industry
- Details of regulatory policy applicable to the Namibian insurance industry
- Analysis of natural hazards in the Namibian insurance industry

Key Highlights

- On February 1, 2018, the Namibia Financial Institutions Supervisory Authority (NAMFISA) introduced an amendment which increased the limits for mandatory professional indemnity insurance.
- According to the NAMFISA Annual Report 2018, the number of life insurance intermediaries increased from 4,201 in 2016 to 4,998 in 2017, which comprised 4,385 agents and 613 brokers.
- As of 2017, the Namibian insurance industry comprised 16 life and general insurers and one reinsurer.

Scope

- This report provides a comprehensive analysis of the insurance industry in Namibia.
- It provides historical values for the Namibian insurance industry for the report’s 2013-2017 review period, and projected figures for the 2017-2022 forecast period.
- It offers a detailed analysis of the key segments in the Namibian insurance industry, with market forecasts to 2022.
- It covers an exhaustive list of parameters, including written premium and claims.
- It analyzes the various distribution channels in Namibia.
- It profiles the top insurance companies in Namibia, and outlines the key regulations affecting them.

Buy Single User License of The Insurance Industry in Namibia, Key Trends and Opportunities to 2022 @ www.htfmarketreport.com/buy-now?format=1&report=1489732

Reasons to buy

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

Companies Mentioned in the Report

Liberty Life Namibia Ltd, Bonben Assurance Namibia Ltd, Hollard Life Namibia Ltd, Entrepo Life Ltd, Old Mutual Life Assurance Co. of Namibia, MMI Holdings Namibia Ltd, Professional Provident Society Insurance Co. (Nam) Ltd, Santam Namibia, NedNamibia Life Assurance Company Ltd, Namforce Life Insurance Ltd, Trustco Insurance Ltd, Hollard Insurance Company, Outsurance Insurance Company of Namibia Ltd, Western National Insurance Company, Old Mutual Short-term Insurance Company, King Price Insurance Company of Namibia Ltd, Lexna Insurance Ltd, Nasria, Ripley's Insurance Ltd, Quanta Insurance Ltd

Enquire for customization in Report @ www.htfmarketreport.com/enquiry-before-buy/1489732-the-in...

Table of Contents
1 Key Facts and Highlights
2 Executive Summary
3 Economy and Demographics
4 Industry Outlook
4.1 Industry Indicators
4.1.1 Gross written premium
4.1.2 Insurance density
4.1.3 Paid claims
5 Life Insurance Outlook
5.1 Segment Indicators
5.1.1 Gross written premium
5.1.2 Paid claims
5.1.3 Penetration
5.1.4 Assets and investments
6 General Insurance Outlook
6.1 Segment Indicators
6.1.1 Gross written premium
6.1.2 Paid claims
6.1.3 Penetration
6.1.4 Loss ratio
6.1.5 Assets and investments
7 Reinsurance Outlook
7.1 Premium Ceded
8 Distribution Channel Outlook
9 Natural and Man-Made Hazards
9.1 Flooding
9.2 Droughts
9.3 Exposure
10 Competitive Landscape
10.1 Company Profiles
10.1.1 Liberty Life Namibia Ltd - company overview
10.1.2 Bonben Assurance Namibia Ltd - company overview
10.1.3 Hollard Insurance Company - company overview
10.1.4 Western National Insurance Company - company overview
10.1.5 Old Mutual Short-term Insurance Company - company overview
11 Governance, Risk and Compliance
11.1 Legislation Overview and Historical Evolution
11.2 Latest Changes in Regulation
11.3 Legislation and Market Practice by Type of Insurance
11.3.1 Life insurance
11.3.2 Property insurance
11.3.3 Motor insurance
11.3.4 Liability insurance
11.3.5 Marine, aviation and transit insurance
11.3.6 Personal accident and health insurance
11.4 Compulsory Insurance
11.4.1 Motor third-party liability insurance
11.4.2 Employee’s compensation insurance
11.4.3 Social Security Scheme
11.4.4 Professional indemnity for insurance brokers
11.4.5 Liability insurance for ship owners in respect of oil pollution
11.5 Supervision and Control
11.5.1 International Association of Insurance Supervision
11.5.2 African Insurance Organization
11.5.3 Namibia Financial Institutions Supervisory Authority
11.6 Non-Admitted Insurance Regulations
11.6.1 Overview
11.6.2 Intermediaries
11.6.3 Market practices
11.6.4 Fines and Penalties
11.7 Company Registration and Operations

Browse for Full Report at: www.htfmarketreport.com/reports/1489732-the-insurance-ind...

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

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