The state of Insurance in Africa
Quote from Ndubuisi Ekekwe on December 25, 2020, 7:12 PM
Interesting data from TC Daily: According to a report on the global insurance market in 2019, Africa accounts for only 1.08% of global turnover compared to other regions, it’s only larger than the Middle East which accounts for 0.71%.
In Africa , the largest markets in terms of turnover are South Africa (69.10%), Morocco (6.81%), Kenya (3.29%), while in terms of the development of insurance (density) , the largest markets are South Africa, Morroco, Namibia.

Interesting data from TC Daily: According to a report on the global insurance market in 2019, Africa accounts for only 1.08% of global turnover compared to other regions, it’s only larger than the Middle East which accounts for 0.71%.
In Africa , the largest markets in terms of turnover are South Africa (69.10%), Morocco (6.81%), Kenya (3.29%), while in terms of the development of insurance (density) , the largest markets are South Africa, Morroco, Namibia.
Uploaded files:
Share this:
- Click to share on Facebook (Opens in new window) Facebook
- Click to share on X (Opens in new window) X
- Click to share on WhatsApp (Opens in new window) WhatsApp
- Click to share on LinkedIn (Opens in new window) LinkedIn
- Click to email a link to a friend (Opens in new window) Email
- Click to print (Opens in new window) Print

