The Insurance Industry in Botswana, Key Trends and Opportunities to 2018

Date: 2015-09

The Botswanan insurance industry is dominated by the life segment, which constituted 70.0% of the total gross written premium. It was followed by the non-life segment with 28.6% and the personal accident and health segment with 1.4% at the end of 2013. Property insurance was the largest category in the non-life segment with 54.5% of its gross written premium, followed by motor insurance with 33.7% and liability, and marine, aviation and transit insurance with 9.0% and 2.9% respectively. Growth in the non-life segment was largely supported by diamond exports.


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