The Insurance Industry in Mozambique, Key Trends and Opportunities to 2020

Timetric’s ‘The Insurance Industry in Mozambique, Key Trends and Opportunities to 2020’ report provides a detailed analysis of the Mozambican insurance industry.

It provides key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, total assets, total investment income and retentions during the review (2011-2015) and forecast periods (2015-2020).

The report also gives a comprehensive overview of the Mozambican economy and demographics, and provides detailed information on the competitive landscape in the country. It also includes analysis of the impact of natural hazards on the insurance industry.

The report brings together Timetric’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.

Summary

Timetric’s ‘The Insurance Industry in Mozambique, Key Trends and Opportunities to 2020’ report provides in-depth market analysis, information and insights into the Mozambican insurance industry, including:

An overview of the Mozambican insurance industry

The Mozambican insurance industry’s growth prospects by segment and category

A comprehensive overview of the Mozambican economy and demographics

The detailed competitive landscape in the Mozambican insurance industry

Details of regulatory policy applicable to the Mozambican insurance industry

Analysis of natural hazards in the Mozambican insurance industry

Scope

This report provides a comprehensive analysis of the insurance industry in Mozambique:

It provides historical values for the Mozambican insurance industry for the report’s 2011-2015 review period, and projected figures for the 2015-2020 forecast period.

It offers a detailed analysis of the key segments in the Mozambican insurance industry, with market forecasts to 2020.

It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, combined ratio, total assets, total investment income and retentions.

It profiles the top insurance companies in Mozambique, and highlights recent developments.

It covers the economic and demographic structure of Mozambique.

It analyzes the impact of natural hazards in the Mozambican insurance industry.

Reasons to Buy

Make strategic business decisions using in-depth historic and forecast market data related to the Mozambican insurance industry, and each segment and category within it.

Understand the demand-side dynamics, key market trends and growth opportunities in the Mozambican insurance industry.

Assess the competitive dynamics in the Mozambican insurance industry.

Identify growth opportunities and market dynamics in key segments.

Gain insights into key regulations governing the Mozambican insurance industry, and their impact on companies and the industry’s future.

Key Highlights

According to the Finscope Consumer Survey, in 2014 only 24.0% of adults in urban areas had access to formal financial services.

The life segment accounted for 18.0% of the industry’s gross written premium in 2015.

The personal accident and health segment accounted for 10.3% of the industry’s gross written premium in 2015.

As of 2015, there were 18 operational insurance companies, of which four were composite, three were life and 11 were non-life insurers.