Our Country
Malawi is a democratic federal state and its legal system is based on English law. It has three arms of government namely the Executive, Legislative and Judiciary. It is a landlocked country with a population of about 14.6 million people with rural areas comprising 82% of the country's total population, most of them presently uninsured.

Our Client Mix
Our clients include individuals, small, medium and large Commercial and large Corporate clients across the full spectrum of Commerce, Agriculture, Financial Services, Health Services, Social Services and Parastatal operations.

Our Main Strengths
Our overall strengths include but not are limited to -

• Conventional Insurances
• Specialist Insurances
• Innovative Insurances
• Exceptional Underwriting
• Claims Service
• Strong Network across Africa and other Continents

Our Local Markets
The Insurance sector is an important one in Malawi, being the second largest sector in our financial system but is still underdeveloped by regional and international standards. The Industry has 8 General insurers, 4 Life insurers, 1 Reinsurer, 11 Insurance Brokers and numerous Agents. Currently, the market is undergoing strong Regulatory changes and it will take several years to stabilise the Industry.

Our Regulators
The Industry is regulated by the Governor of the Reserve Bank of Malawi under the Financial Services Act 2010. The Act provides an entry control framework and powers of supervision. Specific industry requirements are regulated by the Insurance Act 2010. Other supporting Regulatory tools are issued in form of Directives.