Malawi · Southern Africa · class G

General (Non-life) insurance companies in Malawi

6 licensed general (non-life) insurers, 60% of the 10 insurance entities supervised by the Reserve Bank of Malawi (Pensions and Insurance Supervision). Short-term property, casualty, motor, marine and other non-life covers.

CompanyClassParent / groupOwnershipRegulatorVerification
Britam Insurance Malawi
Formerly Real Insurance
GGeneral (Non-life)Britam HoldingsPan-African groupRBMUnverified
General Alliance Insurance MalawiGGeneral (Non-life)IndependentDomestic privateRBMUnverified
NICO General Insurance
MSE-listed group; Sanlam minority
GGeneral (Non-life)NICO HoldingsDomestic privateRBMUnverified
Prime Insurance Co MalawiGGeneral (Non-life)IndependentDomestic privateRBMUnverified
Reunion InsuranceGGeneral (Non-life)IndependentDomestic privateRBMUnverified
United General Insurance (UGI)GGeneral (Non-life)IndependentDomestic privateRBMUnverified

About general (non-life) insurers in Malawi

How many general (non-life) insurers are licensed in Malawi?

6 of the 10 licensed insurance entities in Malawi are classified as general (non-life) (60%), according to the RBM register as reflected in this directory (not verified in this pass).

Who regulates general (non-life) insurers in Malawi?

Reserve Bank of Malawi (Pensions and Insurance Supervision) (RBM), under Insurance Act 2010. Official website: https://rbm.mw.

Are the general (non-life) insurers in Malawi locally or foreign owned?

1 of 6 belong to pan-African or foreign multinational groups (including Britam Holdings), 0 are state-owned, and the rest are domestic private companies.

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