Botswana · Southern Africa · class L

Life insurance companies in Botswana

6 licensed life insurers, 43% of the 14 insurance entities supervised by the Non-Bank Financial Institutions Regulatory Authority. Long-term life assurance, annuities, pensions and savings products.

CompanyClassParent / groupOwnershipRegulatorVerification
Bona LifeLLifeIndependentDomestic privateNBFIRAUnverified
Botswana Life Insurance
Largest life insurer in Botswana
LLifeBIHL (Sanlam)Pan-African groupNBFIRAUnverified
Hollard Life BotswanaLLifeHollard GroupPan-African groupNBFIRAUnverified
Liberty Life BotswanaLLifeLiberty / Standard Bank GroupPan-African groupNBFIRAUnverified
Metropolitan Life BotswanaLLifeMomentum GroupPan-African groupNBFIRAUnverified
Old Mutual Life BotswanaLLifeOld Mutual LtdPan-African groupNBFIRAUnverified

About life insurers in Botswana

How many life insurers are licensed in Botswana?

6 of the 14 licensed insurance entities in Botswana are classified as life (43%), according to the NBFIRA register as reflected in this directory (not verified in this pass).

Who regulates life insurers in Botswana?

Non-Bank Financial Institutions Regulatory Authority (NBFIRA), under Insurance Industry Act 2015. Official website: https://nbfira.org.bw.

Are the life insurers in Botswana locally or foreign owned?

5 of 6 belong to pan-African or foreign multinational groups (including Hollard Group, Liberty / Standard Bank Group, Momentum Group, Old Mutual Ltd), 0 are state-owned, and the rest are domestic private companies.

Data: /api/v1/countries/botswana.json (filter byclass = "life"). Licence CC BY 4.0, attribute KAFS North America.