Namibia · Southern Africa · class L

Life insurance companies in Namibia

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

CompanyClassParent / groupOwnershipRegulatorVerification
FNB Namibia LifeLLifeFirstRandPan-African groupNAMFISAUnverified
Hollard Life NamibiaLLifeHollard GroupPan-African groupNAMFISAUnverified
Momentum NamibiaLLifeMomentum GroupPan-African groupNAMFISAUnverified
Prosperity Life NamibiaLLifeIndependentDomestic privateNAMFISAUnverified
Sanlam NamibiaLLifeSanlam GroupPan-African groupNAMFISAUnverified
Trustco LifeLLifeTrustco GroupDomestic privateNAMFISAUnverified

About life insurers in Namibia

How many life insurers are licensed in Namibia?

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

Who regulates life insurers in Namibia?

Namibia Financial Institutions Supervisory Authority (NAMFISA), under FIM Act. Official website: https://namfisa.com.na.

Are the life insurers in Namibia locally or foreign owned?

4 of 6 belong to pan-African or foreign multinational groups (including FirstRand, Hollard Group, Momentum Group, Sanlam Group), 0 are state-owned, and the rest are domestic private companies.

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