Insurance market reports are produced following a country visit with interviews with professionals working in the sector with systematic updates to information throughout the cycle. Covering market developments, macroeconomic factors and comprehensive details of the regulatory environment including relevant taxation as well as market indicators and company statistics.
Axco’s Afghanistan Non-Life Insurance Market Report (P&C) also comprises a detailed analysis of lines of business and sub-classes such as natural hazards, property, construction and machinery breakdown, motor, workers compensation & employers’ liability and liability.
The Life & Benefits Report for Afghanistan includes detail on social security, healthcare, individual life assurance and pensions information as well as market statistics and life company statistics
Real GDP growth (%)
Insurance Penetration (%)
Afghanistan has a small, agriculturally based economy which suffers from underdeveloped infrastructure and a poor business environment. It is highly mountainous with some minor earthquake exposure and poor communications making government challenging, and this has been compounded by many years of internal and external conflict. Insurance, both life and non-life, is underdeveloped. A single company held a monopoly until 2005, since when a few further companies have entered the market, mainly providing non-life cover.