Developing insurance products in Namibia

The state-owned insurer Namibia Special Risks Insurance Association (Nasria) plans to develop more responsive insurance products locally.

To realize such objective, the company needs to follow the example of foreign insurance companies that have successfully adapted imported solutions to local needs.

This approach represents an opportunity for Nasria to develop 100% Namibian products.

Nasria was established as a non-profit company in 1987 and became a commercial company in 2019.