100% FDI is Permitted in the Botswanan Insurance Industry

Date: 2015-09-01

“• The Botswanan insurance industry is regulated by the Non-bank Financial Institutions Regulatory Authority.

• Motor third-party liability, aviation and professional indemnity are all mandatory insurance classes of insurance in Botswana.

• Composite insurance is not permitted in Botswana. However, life insurance companies are permitted to operate in accident and health insurance business.

• 100% FDI is permitted in the Botswanan insurance industry.

• Non-admitted insurance is prohibited. However, risks not covered by local insurers can be insured by unauthorized insurers.”


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