Trends and Opportunities in the South African Reinsurance Industry to 2016: Market Profile

Synopsis

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

• The South African reinsurance market’s growth prospects by reinsurance categories
• The South African reinsurance market’s growth prospects by reinsurance ceded from direct insurance segments
• The competitive landscape in the South African reinsurance market

Summary

The South African reinsurance segment grew at a CAGR of XX% during the review period, which was supported by the growth in the life insurance and personal accident and health insurance segments. The South African insurance industry accounts for XX% of the total direct premiums generated on the African continent. Reinsurance in the region is dominated by treaty reinsurance policies, while the facultative reinsurance product category accounts for a smaller share of the segment premium value. South Africa provided XX% of total reinsurance gross premiums from the African continent in 2010, which is an improvement from the XX% recorded in 2008.As the overall South African insurance industry reaches higher levels of maturity, reinsurance is increasingly being used as a risk management tool to mitigate the potential losses of insurance companies. With the capital requirement for reinsurance companies currently only at a low level, a large number of international reinsurance companies are expected to enter the market. However, the overall growth of the reinsurance market will be influenced by international trends, since the South African economy is closely integrated with the global economy.

Scope

This report provides an analysis of the reinsurance market in South Africa:

• It provides historical values for South Africa’s reinsurance market for the report’s 2007-2011 review period and forecast figures for the 2011-2016 forecast period
• It offers a top-level analysis of the key sub-segments in South Africa’s reinsurance market, along with market forecasts until 2016
• It provides values for the reinsurance ceded from various direct insurance markets in South Africa and its growth prospects
• It profiles the top reinsurance company in South Africa

Reasons To Buy

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