News Africa11 Jan 2021

Africa:Growth of insurance market delayed, not derailed

11 Jan 2021

The adverse effect of the COVID-19 pandemic on the insurance sector in Africa is expected to delay rather than alter the pattern and potential of future growth. And in some cases, the crisis may accelerate existing trends-notably the shift toward digital and remote channels, which has the potential to offer new opportunities to both insurers and consumers, says global consulting firm McKinsey.

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