World Insurance Companies Logos – African Insurance Companies. Click on the logos and find news in real time about what companies offer. In “gustavoc56.sg-host.com” one may easily access the websites of underwriters grouped by country. Get the best insurance in Africa for yourself.
List of Logos and Names of African Insurance Companies
List of Logos and Names of Insurance in Africa. Find out the best Insurance in Africa. Click on the flag of each country to see the insurers in the selected areas to find the best insurer on the basis of costs, coverage, customer service and claim assistance. Select the insurance company you trust
LIST OF INSURANCE COMPANIES LOGOS IN ZIMBABWE Zimbabwe, Africa - World Insurance Companies Logos. Clicking on the logo of each ... Read More
Obtain the logos and names of insurers from each country in Asia, the Americas, the Caribbean, Europe, and Oceania from the Insurance Providers page.
Insurance in Africa – Good Insurance Companies
How find a Good Insurance Company in Africa
1- Find the right coverage
First, it’s important to gather information about the right coverage, and obtain insurance quotes from, a variety of insurers as part of your overall selection process. In order to do that, begin by determining the type of coverage you need in order to make a right comparison across multiple companies.
Now it’s time to research the types of insurers from which to obtain that coverage.
2-Check the licensure status of insurance companies in Africa.
Insurers must be licensed by the country in which they sell insurance. For added peace of mind, be sure you’re buying coverage from a licensed provider in your area by checking with the department of insurers of your Country, either online or by phone.
3- Check financial stability of companies – insurance In Africa
Finding out the financial stability of an insurer. One can research a provider’s insurance financial strength ratings, in the websites of companies such as A.M. Best, Standard & Poor’s, Moody’s or Fitch. While most of the major insurers are safe bets, this is especially helpful when considering smaller, lesser-known providers.
4- Customer service and claims support
Check consumer complaint ratios. Many departments of Insurance websites publish consumer complaint ratios for the insurance providers. A consumer complaint ratio tells you how many complaints an insurer received for every 1,000 claims its policyholders filed. It’s also a good idea to check a company’s complaint ratio in several other countries for a company might have great ratings in one, but not-so-great ratings in another. For added protection, look for companies with low consumer complaint ratios in a variety of countries.
Locate the insurer you trust
Economy of African countries
Although it has abundant natural resources, Africa remains the world’s poorest and most underdeveloped continent, the result of a variety of causes that may include corrupt governments that have often committed serious human rights violations, failed central planning, high levels of illiteracy, lack of access to foreign capital, and frequent tribal and military conflict (ranging from guerrilla warfare to genocide). According to the United Nations’ Human Development Report in 2003, the bottom 25 ranked nations (151st to 175th) were all of Africa
Poverty, illiteracy, malnutrition and inadequate water supply and sanitation, as well as poor health, affect a large proportion of the people who reside in Africa. In August 2008, the World Bank announced revised global poverty estimates based on a new international poverty line of $1.25 per day (versus the previous measure of $1.00). 80.5% of the Sub-Saharan Africa population was living on less than $2.50 (PPP) a day in 2005, compared with 85.7% for India.
Sub-Saharan Africa is the least successful region of the world in reducing poverty ($1.25 per day); some 50% of the population living in poverty in 1981 (200 million people), a figure that rose to 58% in 1996 before dropping to 50% in 2005 (380 million people). The average poor person in sub-Saharan Africa is estimated to live on only 70 cents per day, and was poorer in 2003 than he or she was in 1973 indicating increasing poverty in some areas. Some of it is attributed to unsuccessful economic liberalization programs spearheaded by foreign companies and governments, but other studies and reports have cited bad domestic government policies more than external factors.
From 1995 to 2005, African countries rate of economic growth increased, averaging 5% in 2005. Some countries experienced still higher growth rates, notably Angola, Sudan and Equatorial Guinea, all three of which had recently begun extracting their petroleum reserves or had expanded their oil extraction capacity. The continent is believed to hold 90% of the world’s cobalt, 90% of its platinum, 50% of its gold, 98% of its chromium, 70% of its tantalite, 64% of its manganese and one-third of its uranium.
The Democratic Republic of the Congo (DRC) has 70% of the world’s coltan, a mineral used in the production of tantalum capacitors for electronic devices such as cell phones. The DRC also has more than 30% of the world’s diamond reserves.
Guinea is the world’s largest exporter of bauxite. As the growth in African countries has been driven mainly by services and not manufacturing or agriculture, it has been growth without jobs and without reduction in poverty levels. In fact, the food security crisis of 2008 which took place on the heels of the global financial crisis has pushed back 100 million people into food insecurity.
In recent years, the People’s Republic of China has built increasingly stronger ties with Africa and is Africa’s largest trading partner. In 2007, Chinese companies invested a total of US$1 billion in African countries
A Harvard University study led by professor Calestous Juma showed that Africa could feed itself by making the transition from importer to self-sufficiency. “African country’s agriculture is at the crossroads,” says Dr. Juma.
Juma also states, “We have come to the end of a century of policies that favored Africa’s export of raw materials and importation of food. Africa is starting to focus on agricultural innovation as its new engine for regional trade and prosperity.”