Trends and Opportunities in the South African Non-Life Insurance Industry to 2016: Market Profile

Synopsis

The report provides top-level market analysis, information and insights into the South African non-life insurance market, including:

• A description of the non-life insurance market in South Africa
• The South African non-life insurance market’s growth prospects by non-life insurance categories
• The various distribution channels in the South African non-life insurance market

Summary

The South African non-life insurance segment recorded significant growth during the review period. Following its financial liberalization, the South African insurance industry benefited from several regulatory changes. The non-life insurance segment also expanded due to South Africa’s economic growth, increasing annual disposable income levels and introduction of micro-insurance schemes. Motor insurance dominated the non-life insurance segment during the review period. In 2010, motor insurance accounted for XX% of the non-life insurance segment share, followed by property insurance with a share of XX%, general liability insurance with a share of XX% and marine, aviation and transit insurance with a share of XX%.

Scope

This report provides a comprehensive analysis of the non-life insurance market in South Africa:

• It provides historical values for South Africa’s non-life insurance market for the report’s 2007-2011 review period and forecast figures for the 2011-2016 forecast period
• It offers a detailed analysis of the key sub-segments in South Africa’s non-life insurance market, along with market forecasts until 2016
• It analyses the various distribution channels for non-life insurance products in South Africa

Reasons To Buy

• Make strategic business decisions using top-level historic and forecast market data related to the South African non-life insurance market and each sector within it
• Understand the demand-side dynamics, key market trends and growth opportunities within the South African non-life insurance market
• Identify the growth opportunities and market dynamics within key product categories