1. Market Research
  2. > Financial Services
  3. > Insurance Market Trends
  4. > Insurance in South Africa

Insurance in South Africa

  • January 2016
  • -
  • MarketLine
  • -
  • 35 pages

Introduction

Insurance in South Africa industry profile provides top-line qualitative and quantitative summary information including: market size (value 2011-15, and forecast to 2020). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Essential resource for top-line data and analysis covering the South Africa insurance market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Highlights

- The insurance market consists of the non-life insurance sector and the life insurance sector. The value of the market is shown in terms of gross premium incomes.

- The South African insurance market is expected to generate total gross written premiums of $55.6bn in 2015, representing a compound annual growth rate (CAGR) of 12.2% between 2011 and 2015.

- The life insurance segment is expected to be the market's most lucrative in 2015, with total gross written premiums of $45.1bn, equivalent to 81.1% of the market's overall value.

- Growth in gross written non-life premiums is largely being driven by an increase in premium rates, which have grown faster than the rate of inflation.

Features

- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the insurance market in South Africa

- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the insurance market in South Africa

- Leading company profiles reveal details of key insurance market players’ global operations and financial performance

- Add weight to presentations and pitches by understanding the future growth prospects of the South Africa insurance market with five year forecasts

- Macroeconomic indicators provide insight into general trends within the South Africa economy

Key Questions Answered

- What was the size of the South Africa insurance market by value in 2015?

- What will be the size of the South Africa insurance market in 2020?

- What factors are affecting the strength of competition in the South Africa insurance market?

- How has the market performed over the last five years?

- What are the main segments that make up South Africa's insurance market?

Table Of Contents

Insurance in South Africa
TABLE OF CONTENTS
Executive Summary 2
Market value 2
Market value forecast 2
Category segmentation 2
Geography segmentation 2
Market rivalry 2
Market Overview 7
Market definition 7
Market analysis 7
Market Data 8
Market value 8
Market Segmentation 9
Category segmentation 9
Geography segmentation 10
Market Outlook 11
Market value forecast 11
Five Forces Analysis 12
Summary 12
Buyer power 13
Supplier power 15
New entrants 17
Threat of substitutes 18
Degree of rivalry 19
Leading Companies 20
Liberty Holdings Limited 20
MMI Holdings Limited 23
Old Mutual Life Assurance Company 24
Santam Limited 27
Macroeconomic Indicators 30
Country Data 30
Methodology 32
Industry associations 33
Related MarketLine research 33
Appendix 34
About MarketLine 34

List of Tables
Table 1: South Africa insurance market value: $ billion, 2011-15(e)
Table 2: South Africa insurance market category segmentation: $ billion, 2015(e)
Table 3: South Africa insurance market geography segmentation: $ billion, 2015(e)
Table 4: South Africa insurance market value forecast: $ billion, 2015-20
Table 5: Liberty Holdings Limited: key facts
Table 6: Liberty Holdings Limited: key financials ($)
Table 7: Liberty Holdings Limited: key financials (ZAR)
Table 8: Liberty Holdings Limited: key financial ratios
Table 9: MMI Holdings Limited: key facts
Table 10: Old Mutual Life Assurance Company: key facts
Table 11: Old Mutual Life Assurance Company: key financials ($)
Table 12: Old Mutual Life Assurance Company: key financials (£)
Table 13: Old Mutual Life Assurance Company: key financial ratios
Table 14: Santam Limited: key facts
Table 15: Santam Limited: key financials ($)
Table 16: Santam Limited: key financials (ZAR)
Table 17: Santam Limited: key financial ratios
Table 18: South Africa size of population (million), 2011-15
Table 19: South Africa gdp (constant 2005 prices, $ billion), 2011-15
Table 20: South Africa gdp (current prices, $ billion), 2011-15
Table 21: South Africa inflation, 2011-15
Table 22: South Africa consumer price index (absolute), 2011-15
Table 23: South Africa exchange rate, 2011-15

List of Figures
Figure 1: South Africa insurance market value: $ billion, 2011-15(e)
Figure 2: South Africa insurance market category segmentation: % share, by value, 2015(e)
Figure 3: South Africa insurance market geography segmentation: % share, by value, 2015(e)
Figure 4: South Africa insurance market value forecast: $ billion, 2015-20
Figure 5: Forces driving competition in the insurance market in South Africa, 2015
Figure 6: Drivers of buyer power in the insurance market in South Africa, 2015
Figure 7: Drivers of supplier power in the insurance market in South Africa, 2015
Figure 8: Factors influencing the likelihood of new entrants in the insurance market in South Africa, 2015
Figure 9: Factors influencing the threat of substitutes in the insurance market in South Africa, 2015
Figure 10: Drivers of degree of rivalry in the insurance market in South Africa, 2015
Figure 11: Liberty Holdings Limited: revenues and profitability
Figure 12: Liberty Holdings Limited: assets and liabilities
Figure 13: Old Mutual Life Assurance Company: revenues and profitability
Figure 14: Old Mutual Life Assurance Company: assets and liabilities
Figure 15: Santam Limited: revenues and profitability
Figure 16: Santam Limited: assets and liabilities

View This Report »

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 24 Million searchable statistics with tables, figures & datasets
  • More than 10,000 trusted sources
24/7 Customer Support

Talk to Veronica

+1 718 514 2762

Purchase Reports From Reputable Market Research Publishers
Commercial Non-Life Insurance Brokers in Europe

Commercial Non-Life Insurance Brokers in Europe

  • $ 10000
  • Industry report
  • August 2016
  • by Finaccord

Finaccord’s report titled Commercial Non-Life Insurance Brokers in Europe, plus the BrokerBASE™ and market data annexe that accompany it, investigate the importance of brokers in the distribution of ...

Fraud Detection and Prevention Market by Solution, Application Areas, Service, End-User, Vertical - Global Forecast to 2021

Fraud Detection and Prevention Market by Solution, Application Areas, Service, End-User, Vertical - Global Forecast to 2021

  • $ 7150
  • Industry report
  • September 2016
  • by MarketsandMarkets

“Rapid increase in mobile banking will drive the FDP market” The Fraud Detection and Prevention (FDP) market size is estimated to grow from USD 14.36 billion in 2016 to USD 33.19 billion by 2021, at ...

Customer Experience Management Study—Malaysia’s Life Insurance Market, 2015

Customer Experience Management Study—Malaysia’s Life Insurance Market, 2015

  • $ 4950
  • Industry report
  • September 2016
  • by Frost & Sullivan

Benchmarking the Industry Excellence in Delivering Superior Customer Experience Customer experience is the accumulation of customers’ experiences throughout their journey with the supplier, across any ...


ref:plp2016

Reportlinker.com © Copyright 2016. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.