South Africa Life Insurance Market Size, Trends, Distribution Channel, Competitive Landscape and Forecast, 2021-2026

South Africa Life Insurance Market Size, Trends, Distribution Channel, Competitive Landscape and Forecast, 2021-2026

Summary

GlobalData’s 'South Africa Life Insurance Market Size, Trends, Distribution Channel, Competitive Landscape and Forecast, 2021-2026’ report provides in-depth market analysis, information, and insights into the South Africa's life insurance segment.

This report provides a detailed outlook by product category for the 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 (2017–21) and forecast period (2021–26).

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 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 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 industry’s market structure gives details of lines of business.
• South Africa's life insurance reinsurance business’s market structure gives 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's life insurance segment for the report’s 2017–21 review period, and projected figures for the 2021–26 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 historic and forecast market data related to the South Africa life insurance segment.
• Understand the demand-side dynamics, key market trends, and growth opportunities in the South Africa life insurance segment.
• Assess the competitive dynamics in the life insurance segment.
• Identify growth opportunities and market dynamics in key product categories.