News Africa30 Sep 2025

Namibia:Short-term insurance sector increases net profit by nearly 10% in 2024

| 30 Sep 2025

The short-term insurance sector in Namibia posted a combined net profit before tax of NAD762.3m ($44.1m) for the year ended 31 December 2024, according to the Namibia Financial Institutions Supervisory Authority (NAMFISA). This represents a 9.6% increase over 2023.

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