Insurance in Malawi: From afterthought to economic necessity
* The insurance industry in Malawi is still underdeveloped, but its importance cannot be overstated * At its core, insurance performs a simple but transformative function — it converts unpredictable, catastrophic losses into manageable financial costs * Where it is widely adopted, people recover faster, businesses endure, and economies remain stable. Where it is absent, shocks turn into long-term poverty * If Malawi is serious about building a resilient and inclusive economy, insurance must move from the margins to…
