The entry of new firms and takeovers in the insurance industry is good for the sector as it will lead to products innovation, a key ingredient required to increase policy uptake in the country, John Rwangombwa, the central bank governor, has said.
Rwangombwa said since the newcomers are reputable international firms with vast experience, they will be able to roll out new products and raise awareness about the importance of the sector among the public.
...
AllAfrica Subscription Content
You must be an allAfrica.com subscriber for full access to certain content.
You have selected an article from the AllAfrica archive, which requires a subscription. You can subscribe by visiting our subscription page. Or for more information about becoming a subscriber, you can read our subscription and contribution overview.
For information about our premium subscription services:
You can also freely access - without a subscription - hundreds of today's top Africa stories and thousands of recent news articles from our home page »
Already a subscriber? Sign in for full access to article