Summary
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.
Key Findings
- 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
Synopsis
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.
Reasons To Buy
- 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?
Key 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 had total gross written premiums of $44.8bn in 2015, representing a compound annual growth rate (CAGR) of 10.7% between 2011 and 2015.
The Life Insurance segment was the market's most lucrative in 2015, with total gross written premiums of $36.3bn, equivalent to 80.9% of the market's overall value.
In South Africa, the near-term outlook for life industry is challenging given sluggish economic growth, but that should improve in the medium term as the economy revives.
Table Of Contents
Executive Summary
Market value
Market value forecast
Category segmentation
Geography segmentation
Market share
Market rivalry
Market Overview
Market definition
Market analysis
Market Data
Market value
Market Segmentation
Category segmentation
Geography segmentation
Market share
Market Outlook
Market value forecast
Five Forces Analysis
Summary
Buyer power
Supplier power
New entrants
Threat of substitutes
Degree of rivalry
Leading Companies
Liberty Holdings Limited
MMI Holdings Ltd.
Old Mutual Life Assurance Company (South Africa) Limited
Sanlam Limited
Macroeconomic Indicators
Country data
Methodology
Industry associations
Related MarketLine research
Appendix
About MarketLine
List Of Tables
Table 1: South Africa insurance market value: $ billion, 2011-15
Table 2: South Africa insurance market category segmentation: $ billion, 2015
Table 3: South Africa insurance market geography segmentation: $ billion, 2015
Table 4: South Africa insurance market share: % share, by value, 2015
Table 5: South Africa insurance market value forecast: $ billion, 2015-20
Table 6: Liberty Holdings Limited: key facts
Table 7: Liberty Holdings Limited: key financials ($)
Table 8: Liberty Holdings Limited: key financials (ZAR)
Table 9: Liberty Holdings Limited: key financial ratios
Table 10: MMI Holdings Ltd.: key facts
Table 11: MMI Holdings Ltd.: key financials ($)
Table 12: MMI Holdings Ltd.: key financials (ZAR)
Table 13: MMI Holdings Ltd.: key financial ratios
Table 14: Old Mutual Life Assurance Company (South Africa) Limited: key facts
Table 15: Sanlam Limited: key facts
Table 16: Sanlam Limited: key financials ($)
Table 17: Sanlam Limited: key financials (ZAR)
Table 18: Sanlam Limited: key financial ratios
Table 19: South Africa size of population (million), 2011-15
Table 20: South Africa gdp (constant 2005 prices, $ billion), 2011-15
Table 21: South Africa gdp (current prices, $ billion), 2011-15
Table 22: South Africa inflation, 2011-15
Table 23: South Africa consumer price index (absolute), 2011-15
Table 24: South Africa exchange rate, 2011-15
List Of Figures
Figure 1: South Africa insurance market value: $ billion, 2011-15
Figure 2: South Africa insurance market category segmentation: % share, by value, 2015
Figure 3: South Africa insurance market geography segmentation: % share, by value, 2015
Figure 4: South Africa insurance market share: % share, by value, 2015
Figure 5: South Africa insurance market value forecast: $ billion, 2015-20
Figure 6: Forces driving competition in the insurance market in South Africa, 2015
Figure 7: Drivers of buyer power in the insurance market in South Africa, 2015
Figure 8: Drivers of supplier power in the insurance market in South Africa, 2015
Figure 9: Factors influencing the likelihood of new entrants in the insurance market in South Africa, 2015
Figure 10: Factors influencing the threat of substitutes in the insurance market in South Africa, 2015
Figure 11: Drivers of degree of rivalry in the insurance market in South Africa, 2015
Figure 12: Liberty Holdings Limited: revenues and profitability
Figure 13: Liberty Holdings Limited: assets and liabilities
Figure 14: MMI Holdings Ltd.: revenues and profitability
Figure 15: MMI Holdings Ltd.: assets and liabilities
Figure 16: Sanlam Limited: revenues and profitability
Figure 17: Sanlam Limited: assets and liabilities
