LIST OF INSURANCE COMPANIES LOGOS
Botswana, Africa – World Insurance Companies Logos. The graphic mark of a company is synonymous with its brand. In insurance, a logo is instantly recognizable and allows the customer to associate the companies in the world with the useful qualities such as trust, the right price and many other vital issues about finding the best insurance.
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LOGO LIST OF INSURANCE COMPANIES
List of the Logos with names of the Insurance Companies in Botswana. Click on the logos with the names of insurance underwriters to access a wealth of knowledge on insurance matters. Get the best assurance.
INTERNATIONAL INSURANCE
International Insurance The Botswanian IFSC has identified International insurance as a strategic growth sector. International insurance is a globally traded business and the sector’s requirements for growth and success fit in well with Botswanian fundamental strengths.
This country has no exchange controls, which allows the flexibility of free movement of capital. The country is a lower cost environment compared to traditional European and Caribbean offshore jurisdictions.
Further, the Botswanian IFSC framework provides for full transparency, applies for a complete information exchange program through a double taxation treaty network and requires the establishment of genuine and substantive economic activity in the country.
The Government has set up specific legislation and regulatory framework to place the Botswanian IFSC in an advantageous position to capture multi-country insurance products domiciled in Africa with an ability to be offered in other countries. The International Insurance Act provides for the carrying of internationally traded insurance activities as opposed to domestic insurance services.
The promulgation of the International Insurance Act and Regulations now allows for the provision of a varied range of cross-border activities including reinsurance, life assurance and captive insurance within the Botswanian IFSC.
Further, the Bill confers legal status and creates a regulatory framework for the carrying on of international insurance activities from the Botswana IFSC. This legislation allows Authorities to address the prudential concerns related to reinsurance operations and protect the integrity of both their businesses, Botswana and the Botswana IFSC.
International Insurance Review-Emeritus, International formally ZimRe Botswana Holdings are accredited within the Botswanian IFSC Framework under the international Insurance legislation. Emeritus, International intends to establish international reinsurance operations in Botswana in partnership with international partners for purposes of transacting both general and life assurance business.
The company will also provide enterprise-wide risk management services to its clientele and management of captive insurance companies. The sponsor, Emirates International is a financial group listed on the Zimbabwe Stock Exchange.
The establishment of Emeritus International will be followed by a domestic reinsurance subsidiary that will be the first provider of local reinsurance services to the insurance industry in Botswana. The introduction of reinsurance activity as a new financial product in the market will deepen the Botswana financial services sector in line with key objectives of the Botswana IFSC framework.
Domestic business will underwrite reinsurance for Fire, Motor, Personal Accident, Workman’s compensation, Liability, Credit and Surety, Marine and Aviation, Miscellaneous Accident and Life products. Other products will be introduced in the market over time across Africa. Special attention will be accorded towards energy business development given the discovery of oil, gas and other energy forms in Africa, especially in Angola, Zambia, Malawi, and Mozambique.
Targeted African countries for this operation include South Africa, Democratic of Congo, Gabon, Guinea, Angola, Senegal, Congo Brazzaville and Morocco.
Provision of domestic reinsurance services in place of foreign reinsurers by Emeritus International will result in huge foreign currency savings through reduced premium outflows.
This project will bring in a foreign capital inflow of least US$20 million, most of which will be invested in Botswana’s money and the stock exchange.
From Botswanian IFSC
World Insurance Companies Logos – Botswana, Africa
Look for other insurance companies in the region on the page African Insurance Companies