The insurance industry in malawi

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The Insurance Industry in Malawi, Key Trends and Opportunities to 2019 Now Available at iData Insights Timetrics ' The Insurance Industry in Malawi, Key Trends and Opportunities to 2019' report provides detailed analysis of the Malawian 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 period (20102014) and forecast period (20142019). The report also analyzes distribution channels operating in the industry, gives a comprehensive overview of the Malawian economy and demographics, and provides detailed information on the competitive landscape in the country. The report brings together Timetrics 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.. Browse Complete Report with TOC @ http://www.idatainsights.com/reports-landingpage.php?id=174285/insight-report-business-strategies-for-targeting-hnwis-and-uhnwis-in-latinamerica To Get Sample Copy of Report visit http://www.idatainsights.com/reports-landingpage.php?id=174285/insight-report-business-strategies-for-targeting-hnwis-and-uhnwis-in-latinamerica Table of Contents 2 Executive Summary 3 Introduction 3.1 What is this Report About? 3.2 Definitions 3.3 Methodology 4 Economy and Demographics 5 Malawian Insurance Industry Overview 5.1 Malawian Insurance Industry 5.2 Life Insurance 5.3 Non-Life Insurance 5.3.1 Property insurance 1


5.3.2 Motor insurance 5.4 Personal Accident and Health Insurance 5.5 Reinsurance 6 Distribution Channel Outlook 7 Natural Hazards 7.1 Floods 7.2 Droughts 7.3 Storms 7.4 Exposure 8 Competitive Landscape 8.1 Overview 8.2 Leading Companies 8.2.1 NICO General Insurance Company Ltd company overview 8.2.2 NICO Life Insurance Company Ltd company overview 8.2.3 Old Mutual Life Assurance Company Ltd company overview 8.2.4 United General Insurance Company Ltd company overview 8.2.5 Prime Insurance Company Ltd company overview 9 Governance, Risk and Compliance 9.1 Legislation Overview and Historical Evolution 9.2 Latest Changes in Regulations 9.3 Legislation and Market Practice by Type of Insurance 9.3.1 Life insurance 9.3.2 Property insurance 2


9.3.3 Motor insurance 9.3.4 Liability insurance 9.3.5 Marine, aviation and transit insurance 9.3.6 Personal accident and health insurance 9.4 Compulsory Insurance 9.4.1 Motor third-party liability insurance 9.5 Supervision and Control 9.5.1 International Association of Insurance Supervisors (IAIS) 9.5.2 African Insurance Organization (AIO) 9.5.3 Reserve Bank of Malawi 9.5.4 Insurance Association of Malawi (IAM) 9.6 Non-Admitted Insurance Regulations 9.6.1 Overview 9.6.2 Intermediaries 9.6.3 Market practices 9.6.4 Fines and penalties 9.7 Company Registration and Operations 9.7.1 Types of insurance organization 9.7.2 Establishing a local company 9.7.3 Foreign ownership 9.7.4 Types of license 9.7.5 Capital requirements 9.7.6 Solvency margins 9.7.7 Reserve requirements 3


9.7.8 Investment regulations 9.7.9 Statutory return requirements 9.7.10 Fee structure 9.8 Taxation 9.8.1 Insurance premium or policy taxation 9.8.2 Withholding taxes on premium paid overseas 9.8.3 Corporate tax 9.8.4 VAT 9.8.5 Captives 9.9 Legal System 9.9.1 Introduction 9.9.2 Access to court 9.9.3 Alternative dispute resolution (ADR) 10 Appendix 10.1 Methodology 10.2 Contact Timetric 10.3 About Timetric 10.4 Timetrics Services 10.5 Disclaimer" width="80" height="40" />1 Key Facts and Highlights 2 Executive Summary 3 Introduction 3.1 What is this Report About? 3.2 Definitions 4


3.3 Methodology 4 Economy and Demographics 5 Malawian Insurance Industry Overview 5.1 Malawian Insurance Industry 5.2 Life Insurance 5.3 Non-Life Insurance 5.3.1 Property insurance 5.3.2 Motor insurance 5.4 Personal Accident and Health Insurance 5.5 Reinsurance 6 Distribution Channel Outlook 7 Natural Hazards 7.1 Floods 7.2 Droughts 7.3 Storms 7.4 Exposure 8 Competitive Landscape 8.1 Overview 8.2 Leading Companies 8.2.1 NICO General Insurance Company Ltd company overview 8.2.2 NICO Life Insurance Company Ltd company overview 8.2.3 Old Mutual Life Assurance Company Ltd company overview 8.2.4 United General Insurance Company Ltd company overview 8.2.5 Prime Insurance Company Ltd company overview 5


9 Governance, Risk and Compliance 9.1 Legislation Overview and Historical Evolution 9.2 Latest Changes in Regulations 9.3 Legislation and Market Practice by Type of Insurance 9.3.1 Life insurance 9.3.2 Property insurance 9.3.3 Motor insurance 9.3.4 Liability insurance 9.3.5 Marine, aviation and transit insurance 9.3.6 Personal accident and health insurance 9.4 Compulsory Insurance 9.4.1 Motor third-party liability insurance 9.5 Supervision and Control 9.5.1 International Association of Insurance Supervisors (IAIS) 9.5.2 African Insurance Organization (AIO) 9.5.3 Reserve Bank of Malawi 9.5.4 Insurance Association of Malawi (IAM) 9.6 Non-Admitted Insurance Regulations 9.6.1 Overview 9.6.2 Intermediaries 9.6.3 Market practices 9.6.4 Fines and penalties 9.7 Company Registration and Operations 6


9.7.1 Types of insurance organization 9.7.2 Establishing a local company 9.7.3 Foreign ownership 9.7.4 Types of license 9.7.5 Capital requirements 9.7.6 Solvency margins 9.7.7 Reserve requirements 9.7.8 Investment regulations 9.7.9 Statutory return requirements 9.7.10 Fee structure 9.8 Taxation 9.8.1 Insurance premium or policy taxation 9.8.2 Withholding taxes on premium paid overseas 9.8.3 Corporate tax 9.8.4 VAT 9.8.5 Captives 9.9 Legal System 9.9.1 Introduction 9.9.2 Access to court 9.9.3 Alternative dispute resolution (ADR) 10 Appendix 10.1 Methodology 10.2 Contact Timetric 10.3 About Timetric 7


10.4 Timetrics Services 10.5 Disclaimer Read More http://www.idatainsights.com/reports-landing-page.php?id=174285/insight-reportbusiness-strategies-for-targeting-hnwis-and-uhnwis-in-latin-america About Us: iData Insights which operates under Precision Research and Consulting Private Limited is a leading market research information aggregator and marketing research consulting firm. We conduct both primary and secondary research. Our work does not end with research it is also involved in distributing reports for different companies . We provide actionable recommendations and provide our expertise for business success today and tomorrow. It is our goal to be a partner to our clients in the exploration and discovery, and then be their guide in the implementation of changes that will make a difference to their bottom line. ContactUs: iData Insights Tel: 1-866-237-2965 Web: http://www.idatainsights.com Email: info@idatainsights.com About iData Insights We work around the clock until our clients are completely satisfied with their promised results. It is our mission to provide timely services coupled with acute client care to create a long-lasting relationship with you. We deliver on our promise to provide results that are essential to the success of your company. We believe that by doing so, we will earn the trust of our clients for future project.

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