Insurance industry potential identified in African markets

africa insurance market life industry growth

Some marketplaces within the continent are being seen as having considerable growth potential. The current instability in the global economy and the political risks that are still obvious as barriers in the African markets, however, the insurance industry is now discovering that the region also holds a number of potential growth opportunities that have been primarily untapped. This, according to a recent report that has been issued by A.M. Best, the rating agency. The A.M. Best insurance industry report indicated that “Given anticipated development of gross domestic product (GDP) in…

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