Premium flight harms African growth prospects: AIO


Matthew Neill

African insurance companies are struggling to stop premiums leaving the region as foreign competition and a dearth of local skills harms their growth potential.

In its first African Insurance Barometer, the African Insurance Organisation (AIO) said that 90 percent of executives based in the region that it polled believed foreign companies would have either stable or increased market shares over the next 12 months.

The Insurance Insider

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