Insurance industry

Update news Insurance industry

Insurance industry forecasts less favourable year in 2022

After gaining high growth last year, the insurance industry is forecast to experience a less favourable time in 2022 as many insurers have so far planned lower profit targets or slowing growth compared to last year.

Insurance industry continues good trends in 2021

The insurance industry is forecast to continue gaining double-digit growth this year thanks to new bancassurance contracts signed late last year and the recovery of the economy.

COVID-19 brings more business to insurers

The COVID-19 pandemic has so far hurt many businesses in the country, except the insurance industry.