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ZSIC General Insurance

Objective:

Transaction in all classes of non-life insurance business in Zambia.

Shareholding:

IDC 100%

About

Zambia State Insurance Corporation (ZSIC) is an investment company incorporated under the Companies Act, Chapter 388 of the Laws of Zambia.
ZSIC offers a diversified range of services including Fund and Asset Management, Investment Advice, Corporate and Project Financing. The company has two wholly owned subsidiaries in the insurance industry, namely ZSIC Life Limited and ZSIC General Insurance Limited. ZSIC General Insurance Limited is responsible for short term insurance, covering property and personal accident insurance and is one of the dominant players with a market share of 23%. ZSIC Life Limited provides long-term life assurance products and group life and pension schemes leading the market with 36% market share.