Malawi · Southern Africa · class L
Life insurance companies in Malawi
4 licensed life insurers, 40% of the 10 insurance entities supervised by the Reserve Bank of Malawi (Pensions and Insurance Supervision). Long-term life assurance, annuities, pensions and savings products.
| Company | Class | Parent / group | Ownership | Regulator | Verification |
|---|---|---|---|---|---|
| NICO Life Insurance | LLife | NICO Holdings | Domestic private | RBM | Unverified |
| Old Mutual Life Assurance Malawi | LLife | Old Mutual Ltd | Pan-African group | RBM | Unverified |
| Smile Life Insurance | LLife | Independent | Domestic private | RBM | Unverified |
| Vanguard Life Assurance | LLife | Independent | Domestic private | RBM | Unverified |
No insurers match that filter.
About life insurers in Malawi
How many life insurers are licensed in Malawi?
4 of the 10 licensed insurance entities in Malawi are classified as life (40%), according to the RBM register as reflected in this directory (not verified in this pass).
Who regulates life insurers in Malawi?
Reserve Bank of Malawi (Pensions and Insurance Supervision) (RBM), under Insurance Act 2010. Official website: https://rbm.mw.
Are the life insurers in Malawi locally or foreign owned?
1 of 4 belong to pan-African or foreign multinational groups (including Old Mutual Ltd), 0 are state-owned, and the rest are domestic private companies.
Data: /api/v1/countries/malawi.json (filter byclass = "life"). Licence CC BY 4.0, attribute KAFS North America.