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Reinsurance in South Africa, Key Trends and Opportunities to 2020

Reinsurance in South Africa, Key Trends and Opportunities to 2020

Synopsis

Timetric’s 'Reinsurance in South Africa, Key Trends and Opportunities to 2020' 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 (2011–2015) and forecast period (2015–2020).

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.

Summary

Timetric’s 'Reinsurance in South Africa Key Trends and Opportunities to 2020' report provides in-depth market analysis, information and insights into the South African reinsurance segment, including:

  • An outlook of the South African reinsurance segment
  • 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
Scope

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 2011–2015 review period, and projected figures for the 2015–2020 forecast period.
  • It offers a detailed analysis of the key categories in the South African reinsurance segment, and market forecasts to 2020.
  • It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in South Africa, and the reinsurance segment's growth prospects.
  • It analyzes various natural and man-made hazards and their impact on the South African insurance industry
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.
Key Highlights
  • The South African reinsurance segment recorded a compound annual growth rate (CAGR) of 8.9% during the review period (2011–2015).
  • The premium ceded by the non-life segment was 29.3% in 2015, which was followed by the personal accident and health segment with 8.0% and the life segment with 4.5%.
  • The South African reinsurance segment is highly concentrated, with the six leading companies accounting for 85.6% of the segment’s total gross written premium in 2015.
  • The reduced severity of natural disasters in South Africa during the review period resulted in excess reinsurance capacity.
  • Reinsurance forms an integral component of South Africa’s risk management plans, due to the frequent occurrences of natural disasters.


  • Key Facts and Highlights
    • Table South African Reinsurance - Key Facts, 2015
    • Table South African Reinsurance - Segment Shares of the Top Insurers, 2015
  • Executive Summary
  • Economy and Demographics
    • Table South African Government Credit Ratings
  • Reinsurance outlook
    • Reinsurance Segment Size, 2011-2020
      • Total reinsurance premium accepted
        • Table South African Reinsurance - Total Premium Accepted (ZAR Billion and US$ Billion), 2011-2015
        • Table South African Reinsurance - Total Premium Accepted (ZAR Billion and US$ Billion), 2015-2020
    • Reinsurance Segment Size by Premium Ceded, 2011-2020
      • Table South African Reinsurance - Premium Ceded by Type of Insurance (ZAR Billion), 2011-2015
      • Table South African Reinsurance - Premium Ceded by Type of Insurance (ZAR Billion), 2015-2020
      • Table South African Life Insurance - Percentage of Reinsurance Ceded (%), 2011-2015
      • Table South African Life Insurance - Percentage of Reinsurance Ceded (%), 2015-2020
      • Table South African Non-Life Insurance - Percentage of Reinsurance Ceded (%), 2011-2015
      • Table South African Non-Life Insurance - Percentage of Reinsurance Ceded (%), 2015-2020
      • Table South African Personal Accident and Health Insurance - Percentage of Reinsurance Ceded (%), 2011-2015
      • Table South African Personal Accident and Health Insurance - Percentage of Reinsurance Ceded (%), 2015-2020
  • Competitive Landscape
    • Table South African Reinsurance Industry - Market Shares of Leading Insurers (%), 2015
    • Company Profiles
      • Munich Reinsurance Company Of Africa Ltd - company overview
        • Table Munich Reinsurance Company Of Africa Ltd - Key Facts
        • Table Munich Reinsurance Company Of Africa Limited - Key Financials (US$ Million), 2011-2015
      • Hannover Life Re - company overview
        • Table Hannover Life Re - Key Facts
        • Table Hannover Life Re - Key Financials (US$ Million), 2011-2015
      • Hannover Reinsurance Africa Ltd - company overview
        • Table Hannover Reinsurance Africa Ltd - Key Facts
        • Table Hannover Reinsurance Africa Ltd - Key Financials (US$ Million), 2011-2015
      • General Reinsurance Africa Ltd - company overview
        • Table General Reinsurance Africa Ltd - Key Facts
        • Table General Reinsurance Africa Ltd - Key Financials (US$ Million), 2011-2015
      • African Reinsurance Corporation (SA) Ltd - company overview
        • Table African Reinsurance Corporation (SA) Ltd - Key Facts
        • Table African Reinsurance Corporation (SA) Ltd - Key Financials (US$ Million), 2011-2015
  • Natural and Man-Made Hazards
    • Flooding
    • Droughts
    • Wildfires
    • Man-Made Disasters
    • Exposure
  • Definition and Methodology
    • Definitions
      • Table Insurance Industry Definitions
    • Methodology
  • About Timetric
    • Contact Timetric
    • About Timetric
    • Timetric's Services
    • Disclaimer

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