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Zambia State Insurance Corporation Limited (Zambia)

Main Activities: Insurance Carriers
Full name: Zambia State Insurance Corporation Limited Profile Updated: October 07, 2021
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The Zambia State Insurance Corporation Limited (ZSIC) is Zambia’s premier insurance company providing all types of insurance, both Life & Pensions and General Insurance. The company is wholly owned by the Government of the Republic of Zambia, through the Ministry of Finance & National Planning.ZSIC was established with a view to providing low cost insurance to indigenous Zambians and currently has about 148 products in both divisions. It also manages a number of pension schemes and unit-linked financial products.
Until 1991, Zambia State Insurance Corporation Ltd was the only insurance company in the market, and therefore gained vast experience in transacting both short and long term insurances.
In line with the provisions of the Insurance Act No. 27 of 1997 as amended by Act No. 26 of 2005, the Zambia State Insurance Corporation Limited underwent a restructuring and compliance exercise.
This saw the birth of three separate business entities, namely ZSIC Limited, which is the Holding Company, ZSIC General Insurance Limited and ZSIC Life Limited as subsidiary companies.
For 40 years Zambia State Insurance Corporation has served the people of Zambia. Now, it gets even better.
We have restructured, re – energized and rebranded into ZSIC LIMITED, a diversified investment company with a wealth of experience that is poised for phenomenal growth.
With its two subsidiaries ZSIC life company (the life assurance business) and ZSIC General insurance company (the short – term insurance business)

Headquarters
Premium House PO Box 30894
Lusaka; Lusaka;

Contact Details: Purchase the Zambia State Insurance Corporation Limited report to view the information.

Website: http://www.zsic.co.zm

Basic Information
Outstanding Shares:
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Ratings:
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Incorporation Date:
1968
Key Executives
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Director / Member of the Management Board
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Managing Director
Ownership Details
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100%
Subsidiaries
ZSIC General insurance company
100%
ZSIC life company
100%
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