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Insurance Players

All insurance players in Zambia are by law required to be licensed by the Pensions and Insurance Authority annually before transacting any insurance business.  The Pensions and Insurance Authority has since issued licenses to all companies and individuals who will transact in insurance business in 2015 and these include new companies entering the market.

 

Below is the breakdown of the numbers for 2015:

  • 3 Reinsurance Companies
  • 2 Reinsurance Broker
  • 22 General Insurance Companies
  • 12 Life Insurance Companies
  • 45 Insurance Brokers
  •  223 Insurance Agents
  •  11 Motor Assessors
  • 8 Loss Adjusters
  • 1 Risk Surveyors