Insurance industry 'nears saturation

Friday, November 21, 2014

Botswana insurance market is increasingly becoming saturated although local firms are still reluctant to explore market opportunities in other countries, an industry official believes.

Botswana hosted the Organisation of East and Southern Africa Insurers (OESAI) conference in Gaborone this week.

In an interview with BusinessWeek Chairman of OESAI Botswana Organising Committee, Dziki Nganunu said the insurance companies in Botswana need to look for markets outside Botswana.

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