Law mandates that licensed insurers, reinsurers, or insurance brokers must establish and maintain their principal office within Zambia.
"50. (1) A licensed insurer, reinsurer or insurance broker shall—
(a) set up and maintain the licensed insurer’s, reinsurer’s or insurance broker’s principal office in the Republic; and
(b) furnish the Registrar with the details of the address of the principal office.
(2) A licensed insurer, reinsurer or insurance broker shall not use the licensed insurer’s, reinsurer’s or insurance broker’s principal office for transacting business other than the business for which the licensed insurer, reinsurer or insurance broker is licensed to carry on.[...]" (Insurance Act No 38 of 2021)
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Previously
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"11. (1) A registered insurer shall, for the sole purpose of transacting insurance business, maintain a principal office in Zambia and shall notify the Registrar of the address thereof and, if it is proposed to change that address, shall notify the Registrar of the new address of the principal office not less than three weeks in advance of the change.
[...]
24. (1) A registered broker shall for the sole purpose of transacting business as a broker maintain a principal office in Zambia and shall notify the Registrar of the address thereof and, if it is proposed to change that address, shall notify the Registrar of the new address not less than three weeks in advance of the change.[...]" (Insurance Act No. 27 of 1997, as amended)
Insurance Act No 38 of 2021
Insurance Act No. 27 of 1997, as amended
[<a href="https://www.parliament.gov.zm/sites/default/files/documents/acts/Act%20No.%2038%20OF%202021%2C%20THE%20INSURANCE%20ACTpdf_0.pdf">Act</a>]