Insurance penetration: Innovation, economy or it’s market structure?
Zimbabwe’s insurance penetration rate — defined as the ratio of insurance premiums to gross domestic product — remained low at approximately 2% in 2024
By Chiedza Maeresera
Aug. 8, 2025
Ipec urges insurers to improve penetration rates
Muradzikwa said insurance penetration rate for Africa was averaging 3%.
By Mthandazo Nyoni
Oct. 18, 2022
