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Malaysian Insurance Highlights 2020

 

At the 47th AIO Conference and General Assembly, which took place from 4 to 8 September in Lagos, Nigeria, Faber Consulting and the African Insurance Organisation presented the Africa Insurance Pulse. This year’s edition focused on the impact of the "African Continental Free Trade Area" (AfCFTA) on the continent’s insurance industry.

The AfCFTA will create a single market covering more than 1.2 billion people, with a current gross domestic product of more than USD 2.5 trillion. The free flow of goods, services, people and capital under the AfCFTA is expected to boost intra-African trade and strengthen the competitiveness of African companies. According to the Africa Insurance Pulse, the African insurance market participants are bullish about the impact of the AfCFTA but demand more regulatory integration for the free trade zone to succeed.

The Africa Insurance Pulse is available in English and French:

Download the Africa Insurance Pulse on the "African Continental Free Trade Area" (AfCFTA)

Télécharger le Pouls de l'assurance en Afrique sur la "Zone de libre-échange continentale africaine" (ZLECAf)