+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

South Africa Life Insurance Market, Key Trends and Opportunities to 2028

  • PDF Icon

    Report

  • 58 Pages
  • February 2024
  • Region: South Africa
  • GlobalData
  • ID: 5943535
The 'South Africa Life Insurance: Key Trends and Opportunities to 2028’ report provides in-depth market analysis, information, and insights into South Africa's life insurance segment.

The report provides a detailed outlook by product category for South Africa's life insurance segment.

It provides values for key performance indicators such as gross written premium, penetration, and premium ceded and cession rates during the review period (2019-23) and forecast period (2024-28).

The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of South Africa's economy and demographics, and provides detailed information on the competitive landscape in the country.

The report brings together the publisher's research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulations, and recent changes in the regulatory structure.

Key Highlights

  • Key insights and dynamics of South Africa's life insurance segment.
  • A comprehensive overview of South Africa's economy, government initiatives and investment opportunities.
  • South Africa's insurance regulatory framework’s evolution, key facts, taxation regime, licensing and capital requirements.
  • South Africa's life insurance segment's market structure giving details of lines of business.
  • South Africa's life reinsurance business' market structure giving details of premium ceded along with cession rates.
  • Distribution channels deployed by South Africa's life insurers.
  • Details of the competitive landscape and competitors’ profiles.

Scope

  • This report provides a comprehensive analysis of the life insurance segment in South Africa -
  • It provides historical values for South Africa life's insurance segment for the report’s 2019-23 review period, and projected figures for the 2024-28 forecast period.
  • It profiles the top life insurance companies in South Africa and outlines the key regulations affecting them.

Reasons to Buy

  • Make strategic business decisions using in-depth historical and forecast market data related to South Africa's life insurance segment.
  • Understand the demand-side dynamics, key market trends, and growth opportunities in South Africa's life insurance segment.
  • Assess the competitive dynamics in the life insurance segment.
  • Identify growth opportunities and market dynamics in key product categories.

Table of Contents

  • Executive Summary
  • Economy Overview
  • Regulatory and Compliance
  • Key Market Trends
  • Trends and KPIs
  • Line of Business
  • Distribution Channel
  • Competitive Landscape
  • Deals and Jobs
  • Company Profiles
  • Reinsurance
  • Appendix

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Sanlam Life
  • Old Mutual Life
  • Liberty Group
  • Discovery Life
  • Discovery Invest
  • Guardrisk Life
  • The Hollard Life
  • Absa Group