The African insurance market : a driving force

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<title>African insurance market</title>
<subTitle>: a driving force</subTitle>
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<abstract displayLabel="Summary">Although the insurance industry has been highly innovative over the last few years, taking advantage of the favorable socio-economic environment, insurance penetration rates remain low. Africa is home to 15% of the world's population but currently only generates 1.5% of global insurance premiums. Apart from South Africa, Namibia and Mauritius, with penetration ratios above 10%, and Kenya and Morocco at around 3%, all the other countries have very low ratios. This may be explained by the often direct relationship between GDP per capita and insurance penetration.</abstract>
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<topic>Mercado de seguros</topic>
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<geographic>África</geographic>
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<title>FullCover : seguros & risco</title>
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<publisher>Lisboa : MDS Consultores de Seguros e Risco</publisher>
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<text>01/05/2020 Número 13 - mayo 2020 , p. 122-123</text>
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