Press release
South Africa Life Insurance Market Outlook 2021: Big Things are Happening
South Africa Life Insurance Market
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Summary
GlobalData’s ' South Africa Life Insurance - Key Trends and Opportunities to 2024’ report provides in-depth market analysis, information and insights into the South African life insurance segment.
This report provides a detailed outlook by product category for the South African life insurance segment.
It provides values for key performance indicators such as net written premium, penetration and premium accepted during the review period (2015-2019) and forecast period (2019-2024).
The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the South African economy and demographics, and provides detailed information on the competitive landscape in the country.
The report brings together GlobalData’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 the South African life insurance segment.
- A comprehensive overview of the South African economy, government initiatives and investment opportunities.
- The South African insurance regulatory framework’s evolution, key facts, taxation regime, licensing and capital requirements.
- The South African life insurance industry’s market structure giving details of lines of business.
- South Africa’s life insurance reinsurance business’s market structure giving details of premium ceded along with cession rates.
- Distribution channels deployed by the South African 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 the South African life insurance segment for the report’s 2015-2019 review period, and projected figures for the 2019-2024 forecast period.
- It offers a detailed analysis of the key categories in the South African life insurance segment, and market forecasts to 2024.
- 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 historic and forecast market data related to the South African life insurance segment, and each category within it.
- Understand the demand-side dynamics, key market trends and growth opportunities in the South African life insurance segment.
- Assess the competitive dynamics in the life insurance segment.
- Identify growth opportunities and market dynamics in key product categories.
Companies Mentioned in the Report
Discovery Life Insurance
Guardrisk Life Limited.
The Hollard Life Assurance Company
Assupol Life Limited
Clientele Life Assurance Company
Hollard Specialised Life
Outsurance Life Insurance Company
Constantia Life & Health Assurance Company
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Table of Contents
Executive Summary
Economy Overview
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