Reinsurance in South Africa, Key Trends and Opportunities to 2019
Timetric’s 'Reinsurance in South Africa, Key Trends and Opportunities to 2019' report provides detailed analysis of the market trends, drivers and challenges in the South African reinsurance segment. It provides values for key performance indicators such as written premium, reinsurance ceded and reinsurance accepted during the review period (2010–2014) and forecast period (2014–2019).
The report also analyses information pertaining to the competitive landscape in the country, gives a comprehensive overview of the South African economy and demographics, and provides detailed analysis of natural hazards and their impact on the South African insurance industry.
The report brings together Timetric’s research, modeling and analysis expertise to enable reinsurers to identify segment dynamics and competitive advantages, and access profiles of reinsurers operating in the country.
Timetric’s ' Reinsurance in South Africa, Key Trends and Opportunities to 2019' report provides in-depth market analysis, information and insights into the South African reinsurance segment, including:
The South African reinsurance segment’s growth prospects by reinsurance ceded from direct insurance
A comprehensive overview of the South African economy and demographics
Detailed analysis of natural hazards and their impact on the South African insurance industry
The competitive landscape in the South African reinsurance segment
This report provides a comprehensive analysis of the reinsurance segment in South Africa:
It provides historical values for the South African reinsurance segment for the report’s 2010–2014 review period, and projected figures for the 2014–2019 forecast period.
It offers a detailed analysis of the key categories in the South African reinsurance segment, and market forecasts to 2019.
It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in South Africa, and the reinsurance segment's growth prospects.
Reasons To Buy
Make strategic business decisions using in-depth historic and forecast market data related to the South African reinsurance segment, and each category within it.
Understand the demand-side dynamics, key market trends and growth opportunities in the South African reinsurance segment.
Identify growth opportunities and market dynamics in key product categories.
Gain insights into key regulations governing the South African insurance industry, and their impact on companies and the industry's future.
In terms of premium accepted, the reinsurance segment grew at a review-period CAGR of 9.7%, mainly supported by growth in the life and non-life segments.
As the country’s insurance industry provides higher levels of service to customers, reinsurance is increasingly being used as a risk-management tool.
The main growth driver for reinsurance segment is the proposed implementation of the SAM over the course of 2016.
Over the forecast period, the South African reinsurance segment is expected to grow at a CAGR of 7.0%.
The South African reinsurance segment is highly concentrated, with the six leading companies accounting for 88.1% of the segment’s total gross written premium in 2014.