Non-Life Insurance in South Africa, Key Trends and Opportunities to 2016: Introduction of Compulsory Motor Third-Party Liability Insurance to Drive Market Growth

Date: February 17, 2012
Pages: 217
Price:
US$ 1,950.00
License [?]:
Publisher: Timetric
Report type: Strategic Report
Delivery: E-mail Delivery (PDF)
ID: N8FBBBC08C5EN
Leaflet:

Download PDF Leaflet

Non-Life Insurance in South Africa, Key Trends and Opportunities to 2016: Introduction of Compulsory Motor Third-Party Liability Insurance to Drive Market Growth
Synopsis

The report provides top-level market analysis, information and insights into the South African non-life insurance market, including:
  • 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
  • The competitive landscape in the non-life insurance market in South Africa
  • A description of the non-life reinsurance market in South Africa

Summary

South Africa is the largest insurance market in the African continent, dominating the region with nearly 80% of the total direct premiums in both life and non-life segments. According to the Swiss Re-Sigma ‘World Insurance in 2010’ study, South Africa is among the top 20 emerging insurance markets which indicate promising growth in the next decade. The non-life segment will also grow strongly during the forecast period, which will be driven by the country’s expanding construction and automobile industries, regulatory changes, introduction of new insurance policies and possible increase in the foreign direct investment (FDI) limit for insurance.

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 2012–2016 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 covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, frauds and crimes, total assets, total investment income and retentions
  • It analyses the various distribution channels for non-life insurance products in South Africa
  • Using Porter’s industry-standard “Five Forces” analysis, it details the competitive landscape in South Africa for the non-life insurance business
  • It provides a detailed analysis of the reinsurance market in South Africa and its growth prospects
  • It profiles the top non-life insurance companies in South Africa and outlines the key regulations affecting them

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
  • Assess the competitive dynamics in the non-life insurance market, along with the reinsurance segment
  • Identify the growth opportunities and market dynamics within key product categories
  • Gain insights into key regulations governing the South African insurance market and its impact on companies and the market's future

Key Highlights
  • Rapid growth in GDP, rising consumer disposable income and increasing awareness among people have been major growth drivers in the South African non-life insurance market
  • Motor insurance was the largest category in the non-life insurance segment in 2011, followed by the property insurance category
  • South African non-life insurance segment growth will be driven by the country’s improving credit availability and expanding automobile, real estate and construction industries
  • The distribution channels registered a rising number of non-life insurance policy sales since the adverse impact of the recession abated in 2010 in South Africa
  • The increasing number of road accidents in South Africa has encouraged the enactment of compulsory motor third-party liability insurance
  • Future growth in the South African non-life insurance market is expected to encourage foreign companies to enter the country due to the segment’s strong growth prospects and the country’s rising consumer awareness about the benefits of insurance
1 EXECUTIVE SUMMARY

2 INTRODUCTION

2.1 What is this Report About?
2.2 Definitions
2.3 Methodology

3 SOUTH AFRICAN INSURANCE INDUSTRY ATTRACTIVENESS

3.1 Insurance Industry Market Size, 2007–2016
3.2 Key Industry Trends and Drivers
  3.2.1 Business drivers
  3.2.2 Consumer drivers
3.3 Recent Market Developments

4 NON-LIFE INSURANCE MARKET OUTLOOK

4.1 Non-Life Insurance Growth Prospects by Category
4.2 Property insurance category
  4.2.1 Fire and allied perils insurance sub-category
  4.2.2 Engineering insurance sub-category
  4.2.3 Agriculture insurance sub-category
  4.2.4 Other property sub-category
4.3 Motor hull sub-category
4.4 General third party category
4.5 Marine, aviation and transit category
  4.5.1 Marine sub-category
  4.5.2 Aviation sub-category
  4.5.3 Transit sub-category

5 ANALYSIS BY DISTRIBUTION CHANNELS

5.1 Direct marketing channel
5.2 Bancassurance Channel
5.3 Agencies Channel
5.4 Other Channel

6 REGULATORY POLICIES

7 PORTER’S FIVE FORCES ANALYSIS – SOUTH AFRICAN NON-LIFE INSURANCE

7.1 Bargaining Power of Supplier: low to medium
7.2 Bargaining Power of Buyer: low to medium
7.3 Barriers to Entry: medium
7.4 Intensity of Rivalry: medium to high
7.5 Threat of Substitutes: low

8 REINSURANCE GROWTH DYNAMICS AND CHALLENGES

8.1 Reinsurance market size, 2007–2016
8.2 Reinsurance market size by type of insurance, 2007–2016

9 COMPETITIVE LANDSCAPE AND STRATEGIC INSIGHTS

9.1 Overview
9.2 Leading Companies in the South Africa Non-Life Insurance Segment
9.3 Santam Limited – Company Overview
  9.3.1 Santam Limited – key facts
  9.3.2 Santam Limited – main products
  9.3.3 Santam Limited – main competitors
  9.3.4 Santam Limited – key employees
9.4 Mutual & Federal Insurance Company Limited – Company Overview
  9.4.1 Mutual & Federal Insurance Company Limited – key facts
  9.4.2 Mutual & Federal Insurance Company Limited – main products
  9.4.3 Mutual & Federal Insurance Company Limited – main competitors
  9.4.4 Mutual & Federal Insurance Company Limited – key employees
9.5 Zurich Insurance Company South Africa Limited – Company Overview
  9.5.1 Zurich Insurance Company South Africa Limited – key facts
  9.5.2 Zurich Insurance Company South Africa Limited – main products
  9.5.3 Zurich Insurance Company South Africa Limited – main competitors
  9.5.4 Zurich Insurance Company South Africa Limited – key employees
9.6 Hollard Insurance Company Limited – Company Overview
  9.6.1 Hollard Insurance Company Limited – key facts
  9.6.2 Hollard Insurance Company Limited – main products
  9.6.3 Hollard Insurance Company Limited – main competitors
  9.6.4 Hollard Insurance Company Limited – key employees
9.7 OUTsurance Insurance Company – Company Overview
  9.7.1 OUTsurance Insurance Company – key facts
  9.7.2 OUTsurance Insurance Company – main products
  9.7.3 OUTsurance Insurance Company – main competitors
  9.7.4 OUTsurance Insurance Company – key employees
9.8 Absa Bank Limited – Company Overview
  9.8.1 Absa Bank Limited – key facts
  9.8.2 Absa Bank Limited – main products
  9.8.3 Absa Bank Limited – main competitors
  9.8.4 Absa Bank Limited – key employees
9.9 Guardrisk Holdings Limited – Company Overview
  9.9.1 Guardrisk Holdings Limited – key facts
  9.9.2 Guardrisk Holdings Limited – main products
  9.9.3 Guardrisk Holdings Limited – main competitors
  9.9.4 Guardrisk Holdings Limited – key employees
9.1 Auto & General Insurance – Company Overview
  9.10.1 Auto & General Insurance – key facts
  9.10.2 Auto & General Insurance – main products
  9.10.3 Auto & General Insurance – main competitors
  9.10.4 Auto & General Insurance – key employees
9.11 CENTRIQ Insurance Company Limited – Company Overview
  9.11.1 CENTRIQ Insurance Company Limited – key facts
  9.11.2 CENTRIQ Insurance Company Limited – main products
  9.11.3 CENTRIQ Insurance Company Limited – main competitors
  9.11.4 CENTRIQ Insurance Company Limited – key employees

10 BUSINESS ENVIRONMENT AND COUNTRY RISK

10.1 Business Confidence
  10.1.1 Business confidence index
  10.1.2 Market capitalization trend – Johannesburg stock exchange, South Africa
10.2 Economic Performance
  10.2.1 GDP at constant prices (US dollars)
  10.2.2 GDP per capita at constant prices (US dollars)
  10.2.3 GDP at current prices (US dollars)
  10.2.4 GDP per capita at current prices (US dollars)
  10.2.5 GDP by key segments
  10.2.6 Agriculture net output at current prices (South African rand)
  10.2.7 Agriculture net output at current prices (US dollars)
  10.2.8 Agriculture net output at current prices as a percentage of GDP
  10.2.9 Manufacturing net output at current prices (South African rand)
  10.2.10 Manufacturing net output at current prices (US dollars)
  10.2.11 Manufacturing net output at current prices as a percentage of GDP
  10.2.12 Mining, manufacturing and utilities net output at current prices (South African rand)
  10.2.13 Mining, manufacturing and utilities at current prices (US dollars)
  10.2.14 Mining, manufacturing and utilities at current prices, as percentage of GDP
  10.2.15 Construction net output at current prices (South African rand)
  10.2.16 Construction net output at current prices, (US dollars)
  10.2.17 Construction net output at current prices as a percentage of GDP
  10.2.18 Inflation rate
  10.2.19 Fiscal balance as a percentage of GDP
  10.2.20 Current account balance as a percentage of GDP
  10.2.21 Exports as a percentage of GDP
  10.2.22 Imports as a percentage of GDP
  10.2.23 Exports growth
  10.2.24 Imports growth
  10.2.25 External debt as a percentage of GDP
  10.2.26 Annual average exchange rate US$–ZAR
  10.2.27 End-of-period exchange rate US$–ZAR
10.3 Infrastructure Quality and Availability
  10.3.1 Total airports and sea ports
  10.3.2 Passenger vehicle production volume
  10.3.3 Commercial vehicle production volume
  10.3.4 Automotive component exports trend
  10.3.5 Automotive component imports trend
  10.3.6 Passenger car penetration
  10.3.7 Healthcare expenditure
  10.3.8 Healthcare expenditure as a percentage of GDP
  10.3.9 Healthcare expenditure per capita
  10.3.10 Total internet subscribers
10.4 Labor Force
  10.4.1 Labor force
  10.4.2 Unemployment rate
10.5 Demographics
  10.5.1 Annual disposable income
  10.5.2 Annual per capita disposable income
  10.5.3 Total population
  10.5.4 Urban and rural population
  10.5.5 Female percentage of population
  10.5.6 Male percentage of population
  10.5.7 Mean age of the population
  10.5.8 Median age of the population
  10.5.9 Population density
  10.5.10 Age distribution of the total population
  10.5.11 Age distribution of the male population
  10.5.12 Age distribution of the female population
  10.5.13 Number of households
10.6 Political and Social Risk
  10.6.1 Political stability
  10.6.2 Terrorism index
  10.6.3 Transparency index

11 APPENDIX

11.1 Methodology
11.2 Contact Us
11.3 About Timetric
11.4 Disclaimer

LIST OF TABLES

Table 1: Insurance Market Definitions
Table 2: South African Insurance Overall Written Premium by Segment (ZAR Billion), 2007–2011
Table 3: South African Insurance Overall Written Premium by Segment (US$ Billion), 2007–2011
Table 4: South African Insurance Overall Written Premium by Segment (ZAR Billion), 2011–2016
Table 5: South African Insurance Overall Written Premium by Segment (US$ Billion), 2011–2016
Table 6: South Africa Insurance Segmentation (% Share), 2007–2016
Table 7: Non-Life Insurance Written Premium by Category (ZAR Billion), 2007–2011
Table 8: Non-Life Insurance Written Premium by Category (US$ Billion), 2007–2011
Table 9: Non-Life Insurance Written Premium by Category (ZAR Billion), 2011–2016
Table 10: Non-Life Insurance Written Premium by Category (US$ Billion), 2011–2016
Table 11: Non-Life Insurance – Incurred Loss (ZAR Billion), 2007–2011
Table 12: Non-Life Insurance – Incurred Loss (ZAR Billion), 2011–2016
Table 13: Non-Life Insurance – Loss Ratio (%), 2007–2011
Table 14: Non-Life Insurance – Loss Ratio (%), 2011–2016
Table 15: Non-Life Insurance – Commissions and Expenses (ZAR Billion), 2007–2011
Table 16: Non-Life Insurance – Commissions and Expenses (ZAR Billion), 2011–2016
Table 17: Non-Life Insurance – Combined Ratio (%), 2007–2011
Table 18: Non-Life Insurance – Combined Ratio (%), 2011–2016
Table 19: Non-Life Insurance – Frauds and Crimes (ZAR Billion), 2007–2011
Table 20: Non-Life Insurance – Frauds and Crimes (ZAR Billion), 2011–2016
Table 21: Non-Life Insurance – Total Assets (ZAR Billion), 2007–2011
Table 22: Non-Life Insurance – Total Assets (ZAR Billion), 2011–2016
Table 23: Non-Life Insurance – Total Investment Income (ZAR Billion), 2007–2011
Table 24: Non-Life Insurance – Total Investment Income (ZAR Billion), 2011–2016
Table 25: Non-Life Insurance – Retentions (ZAR Billion), 2007–2011
Table 26: Non-Life Insurance – Retentions (ZAR Billion), 2011–2016
Table 27: Property Insurance Written Premium by Sub-Category (ZAR Billion), 2007–2011
Table 28: Property Insurance Written Premium by Sub-Category (US$ Billion), 2007–2011
Table 29: Property Insurance Written Premium by Sub-Category (ZAR Billion), 2011–2016
Table 30: Property Insurance Written Premium by Sub-Category (US$ Billion), 2011–2016
Table 31: Fire and Allied Perils Insurance Sub-Category by Volume (‘000), 2007–2011
Table 32: Fire and Allied Perils Insurance Sub-Category by Volume (‘000), 2011–2016
Table 33: Fire and Allied Perils Insurance Sub-Category by Written Premium (ZAR Billion), 2007–2011
Table 34: Fire and Allied Perils Insurance Sub-Category by Written Premium (ZAR Billion), 2011–2016
Table 35: Engineering Insurance Sub-Category by Volume (‘000), 2007–2011
Table 36: Engineering Insurance Sub-Category by Volume (‘000), 2011–2016
Table 37: Engineering Insurance Sub-Category by Written Premium (ZAR Billion), 2007–2011
Table 38: Engineering Insurance Sub-Category by Written Premium (ZAR Billion), 2011–2016
Table 39: Agriculture Insurance Sub-Category by Volume (‘000), 2007–2011
Table 40: Agriculture Insurance Sub-Category by Volume (‘000), 2011–2016
Table 41: Agriculture Insurance Sub-Category by Written Premium (ZAR Billion), 2007–2011
Table 42: Agriculture Insurance Sub-Category by Written Premium (ZAR Billion), 2011–2016
Table 43: Other Property Insurance Sub-Category by Volume (‘000), 2007–2011
Table 44: Other Property Insurance Sub-Category by Volume (‘000), 2011–2016
Table 45: Other Property Insurance Sub-Category by Written Premium (ZAR Billion), 2007–2011
Table 46: Other Property Insurance Sub-Category by Written Premium (ZAR Billion), 2011–2016
Table 47: Motor Hull Insurance Sub-Category by Volume (‘000), 2007–2011
Table 48: Motor Hull Insurance Sub-Category by Volume (‘000), 2011–2016
Table 49: Motor Hull Insurance Sub-Category by Written Premium (ZAR Billion), 2007–2011
Table 50: Motor Hull Insurance Sub-Category by Written Premium (ZAR Billion), 2011–2016
Table 51: General Third-Party Insurance Category by Volume (‘000), 2007–2011
Table 52: General Third-Party Insurance Category by Volume (‘000), 2011–2016
Table 53: General Third-Party Liability Insurance Category by Written Premium (ZAR Billion), 2007–2011
Table 54: General Third-Party Liability Insurance Category by Written Premium (ZAR Billion), 2011–2016
Table 55: Marine, Aviation and Transit Insurance Written Premium by Sub-Category (ZAR Billion), 2007–2011
Table 56: Marine, Aviation and Transit Insurance Written Premium by Sub-Category (US$ Billion), 2007–2011
Table 57: Marine, Aviation and Transit Insurance Written Premium by Sub-Category (ZAR Billion), 2011–2016
Table 58: Marine, Aviation and Transit Insurance Written Premium by Sub-Category (US$ Billion), 2011–2016
Table 59: Marine Insurance Sub-Category by Volume (‘000), 2007–2011
Table 60: Marine Insurance Sub-Category by Volume (‘000), 2011–2016
Table 61: Marine Insurance Sub-Category by Written Premium (ZAR Billion), 2007–2011
Table 62: Marine Insurance Sub-Category by Written Premium (ZAR Billion), 2011–2016
Table 63: Aviation Insurance Sub-Category by Volume (‘000), 2007–2011
Table 64: Aviation Insurance Sub-Category by Volume (‘000), 2011–2016
Table 65: Aviation Insurance Sub-Category by Written Premium (ZAR Billion), 2007–2011
Table 66: Aviation Insurance Sub-Category by Written Premium (ZAR Billion), 2011–2016
Table 67: Transit Insurance Sub-Category by Volume (‘000), 2007–2011
Table 68: Transit Insurance Sub-Category by Volume (‘000), 2011–2016
Table 69: Transit Insurance Sub-Category by Written Premium (ZAR Billion), 2007–2011
Table 70: Transit Insurance Sub-Category by Written Premium (ZAR Billion), 2011–2016
Table 71: Non-Life Insurance – Direct Marketing Commission Paid (ZAR Billion), 2007–2011
Table 72: Non-Life Insurance – Direct Marketing Commission Paid (ZAR Billion), 2011–2016
Table 73: Non-Life Insurance – Written Premium Through Direct Marketing (ZAR Billion), 2007–2011
Table 74: Non-Life Insurance – Written Premium Through Direct Marketing (ZAR Billion), 2011–2016
Table 75: Non-Life Insurance – Policies Sold Through Direct Marketing (’000), 2007–2011
Table 76: Non-Life Insurance – Policies Sold Through Direct Marketing (’000), 2011–2016
Table 77: Non-Life Insurance – Number of Direct Marketing Distributors, 2007–2011
Table 78: Non-Life Insurance – Number of Direct Marketing Distributors, 2011–2016
Table 79: Non-Life Insurance – Bancassurance Commission Paid (ZAR Billion), 2007–2011
Table 80: Non-Life Insurance – Bancassurance Commission Paid (ZAR Billion), 2011–2016
Table 81: Non-Life Insurance – Written Premium Through Bancassurance (ZAR Billion), 2007–2011
Table 82: Non-Life Insurance – Written Premium Through Bancassurance (ZAR Billion), 2011–2016
Table 83: Non-Life Insurance – Policies Sold Through Bancassurance (‘000), 2007–2011
Table 84: Non-Life Insurance– Policies Sold Through Bancassurance (‘000), 2011–2016
Table 85: Non-Life Insurance – Number of Bancassurance Distributors, 2007–2011
Table 86: Non-Life Insurance – Number of Bancassurance Distributors, 2011–2016
Table 87: Non-Life Insurance – Agencies Commission Paid (ZAR Billion), 2007–2011
Table 88: Non-Life Insurance – Agencies Commission Paid (ZAR Billion), 2011–2016
Table 89: Non-Life Insurance – Written Premium Through Agencies (ZAR Billion), 2007–2011
Table 90: Non-Life Insurance – Written Premium Through Agencies (ZAR Billion), 2011–2016
Table 91: Non-Life Insurance – Policies Sold Through Agencies (‘000), 2007–2011
Table 92: Non-Life Insurance – Policies Sold Through Agencies (‘000), 2011–2016
Table 93: Non-Life Insurance – Number of Agencies, 2007–2011
Table 94: Non-Life Insurance – Number of Agencies, 2011–2016
Table 95: Non-Life Insurance – Commission Paid to Other Channels (ZAR Billion), 2007–2011
Table 96: Non-Life Insurance – Commission Paid to Other Channels (ZAR Billion), 2011–2016
Table 97: Non-Life Insurance – Written Premium Through Other Channels (ZAR Billion), 2007–2011
Table 98: Non-Life Insurance – Written Premium Through Other Channels (ZAR Billion), 2011–2016
Table 99: Non-Life Insurance – Policies Sold Through Other Channels (‘000), 2007–2011
Table 100: Non-Life Insurance – Policies Sold Through Other Channels (‘000), 2011–2016
Table 101: Non-Life Insurance – Number of Distributors in Other Channels, 2007–2011
Table 102: Non-Life Insurance – Number of Distributors in Other Channels, 2011–2016
Table 103: Reinsurance Market in South Africa by Category (ZAR Billion), 2007–2011
Table 104: Reinsurance Market in South Africa by Category (US$ Billion), 2007–2011
Table 105: Reinsurance Market in South Africa by Category (ZAR Billion), 2011–2016
Table 106: Reinsurance Market in South Africa by Category (US$ Billion), 2011–2016
Table 107: Reinsurance Ceded by Insurance Segment (ZAR Billion), 2007–2011
Table 108: Reinsurance Ceded by Insurance Segment (US$ Billion), 2007–2011
Table 109: Reinsurance Ceded by Insurance Segment (ZAR Billion), 2011–2016
Table 110: Reinsurance Ceded by Insurance Segment (US$ Billion), 2011–2016
Table 111: Non-Life Insurance – Percentage of Reinsurance Ceded, 2007–2011
Table 112: Non-Life Insurance – Percentage of Reinsurance Ceded, 2011–2016
Table 113: Non-Life Insurance Market Share (%), 2010
Table 114: Santam Limited – Key Facts
Table 115: Santam Limited – Main Products
Table 116: Santam Limited – Key Employees
Table 117: Mutual & Federal Insurance Company Limited – Key Facts
Table 118: Mutual & Federal Insurance Company Limited – Main Products
Table 119: Mutual & Federal Insurance Company Limited – Key Employees
Table 120: Zurich Insurance Company South Africa Limited – Key Facts
Table 121: Zurich Insurance Company South Africa Limited – Main Products
Table 122: Zurich Insurance Company South Africa Limited – Key Employees
Table 123: Hollard Insurance Company Limited – Key Facts
Table 124: Hollard Insurance Company Limited – Main Products
Table 125: Hollard Insurance Company Limited – Key Employees
Table 126: OUTsurance Insurance Company – Key Facts
Table 127: OUTsurance Insurance Company – Main Products
Table 128: OUTsurance Insurance Company – Key Employees
Table 129: Absa Bank Limited – Key Facts
Table 130: Absa Bank Limited – Main Products
Table 131: Absa Bank Limited – Key Employees
Table 132: Guardrisk Holdings Limited – Key Facts
Table 133: Guardrisk Holdings Limited – Main Products
Table 134: Guardrisk Holdings Limited – Key Employees
Table 135: Auto & General Insurance – Key Facts
Table 136: Auto & General Insurance – Main Products
Table 137: Auto & General Insurance – Key Employees
Table 138: CENTRIQ Insurance Company Limited – Key Facts
Table 139: CENTRIQ Insurance Company Limited – Main Products
Table 140: CENTRIQ Insurance Company Limited – Key Employees

LIST OF FIGURES

Figure 1: South African Insurance Overall Written Premium by Segment (ZAR Billion), 2007–2016
Figure 2: South Africa Insurance Market Dynamics by Segment, 2007–2016
Figure 3: Non-Life Insurance Written Premium by Category (ZAR Billion), 2007–2016
Figure 4: Non-Life Insurance Written Premium by Category (% Share), 2011 and 2016
Figure 5: Non-Life Insurance Market Dynamics by Category, 2007–2016
Figure 6: Non-Life Insurance – Incurred Loss (ZAR Billion), 2007–2011
Figure 7: Non-Life Insurance – Incurred Loss (ZAR Billion), 2011–2016
Figure 8: Non-Life Insurance – Loss Ratio (%), 2007–2011
Figure 9: Non-Life Insurance – Loss Ratio (%), 2011–2016
Figure 10: Non-Life Insurance – Commissions and Expenses (ZAR Billion), 2007–2011
Figure 11: Non-Life Insurance – Commissions and Expenses (ZAR Billion), 2011–2016
Figure 12: Non-Life Insurance – Combined Ratio (%), 2007–2011
Figure 13: Non-Life Insurance – Combined Ratio (%), 2011–2016
Figure 14: Non-Life Insurance – Frauds and Crimes (ZAR Billion), 2007–2011
Figure 15: Non-Life Insurance – Frauds and Crimes (ZAR Billion), 2011–2016
Figure 16: Non-Life Insurance – Total Assets (ZAR Billion), 2007–2011
Figure 17: Non-Life Insurance – Total Assets (ZAR Billion), 2011–2016
Figure 18: Non-Life Insurance – Total Investment Income (ZAR Billion), 2007–2011
Figure 19: Non-Life Insurance – Total Investment Income (ZAR Billion), 2011–2016
Figure 20: Non-Life Insurance – Retentions (ZAR Billion), 2007–2011
Figure 21: Non-Life Insurance – Retentions (ZAR Billion), 2011–2016
Figure 22: Non-Life Insurance – Investment by Type (ZAR Billion), 2007–2011
Figure 23: Non-Life Insurance – Investment by Type (% Share), 2007 and 2011
Figure 24: Non-Life Insurance – Penetration (%), 2007–2011
Figure 25: Non-Life Insurance – Number of Policies Sold (‘000), 2007–2011
Figure 26: Non-Life Insurance – Number of Policies Sold (‘000), 2011–2016
Figure 27: Non-Life Insurance – Premium Per Capita (ZAR), 2007–2011
Figure 28: Property Insurance Written Premium (ZAR Billion) by Sub-Category, 2007–2016
Figure 29: Property Insurance Market Dynamics, by Sub-Category, 2007–2016
Figure 30: Fire and Allied Perils Insurance Sub-Category by Volume (‘000), 2007–2011
Figure 31: Fire and Allied Perils Insurance Sub-Category by Volume (‘000), 2011–2016
Figure 32: Fire and Allied Perils Insurance Sub-Category by Written Premium (ZAR Billion), 2007–2011
Figure 33: Fire and Allied Perils Insurance Sub-Category by Written Premium (ZAR Billion), 2011–2016
Figure 34: Engineering Insurance Sub-Category by Volume (‘000), 2007–2011
Figure 35: Engineering Insurance Sub-Category by Volume (‘000), 2011–2016
Figure 36: Engineering Insurance Sub-Category by Written Premium (ZAR Billion), 2007–2011
Figure 37: Engineering Insurance Sub-Category by Written Premium (ZAR Billion), 2011–2016
Figure 38: Agriculture Insurance Sub-Category by Volume (‘000), 2007–2011
Figure 39: Agriculture Insurance Sub-Category by Volume (‘000), 2011–2016
Figure 40: Agriculture Insurance Sub-Category by Written Premium (ZAR Billion), 2007–2011
Figure 41: Agriculture Insurance Sub-Category by Written Premium (ZAR Billion), 2011–2016
Figure 42: Other Property Insurance Sub-Category by Volume (‘000), 2007–2011
Figure 43: Other Property Insurance Sub-Category by Volume (‘000), 2011–2016
Figure 44: Other Property Insurance Sub-Category by Written Premium (ZAR Billion), 2007–2011
Figure 45: Other Property Insurance Sub-Category by Written Premium (ZAR Billion), 2011–2016
Figure 46: Motor Hull Insurance Sub-Category by Volume (‘000), 2007–2011
Figure 47: Motor Hull Insurance Sub-Category by Volume (‘000), 2011–2016
Figure 48: Motor Hull Insurance Sub-Category by Written Premium (ZAR Billion), 2007–2011
Figure 49: Motor Hull Insurance Sub-Category by Written Premium (ZAR Billion), 2011–2016
Figure 50: General Third-Party Insurance Category by Volume (‘000), 2007–2011
Figure 51: General Third-Party Insurance Category by Volume (‘000), 2011–2016
Figure 52: General Third-Party Liability Insurance Category by Written Premium (ZAR Billion), 2007–2011
Figure 53: General Third-Party Liability Insurance Category by Written Premium (ZAR Billion), 2011–2016
Figure 54: Marine, Aviation and Transit Insurance Written Premium (ZAR Billion), by Sub-Category, 2007–2016
Figure 55: Marine, Aviation and Transit Insurance Market Dynamics by Sub-Category, 2007–2016
Figure 56: Marine Insurance Sub-Category by Volume (‘000), 2007–2011
Figure 57: Marine Insurance Sub-Category by Volume (‘000), 2011–2016
Figure 58: Marine Insurance Sub-Category by Written Premium (ZAR Billion), 2007–2011
Figure 59: Marine Insurance Sub-Category by Written Premium (ZAR Billion), 2011–2016
Figure 60: Aviation Insurance Sub-Category by Volume (‘000), 2007–2011
Figure 61: Aviation Insurance Sub-Category by Volume (‘000), 2011–2016
Figure 62: Aviation Insurance Sub-Category by Written Premium (ZAR Billion), 2007–2011
Figure 63: Aviation Insurance Sub-Category by Written Premium (ZAR Billion), 2011–2016
Figure 64: Transit Insurance Sub-Category by Volume (‘000), 2007–2011
Figure 65: Transit Insurance Sub-Category by Volume (‘000), 2011–2016
Figure 66: Transit Insurance Sub-Category by Written Premium (ZAR Billion), 2007–2011
Figure 67: Transit Insurance Sub-Category by Written Premium (ZAR Billion), 2011–2016
Figure 68: Non-Life Insurance New Business Written Premium – Market Shares by Distribution Channel, 2011 and 2016
Figure 69: Non-Life Insurance – Direct Marketing Commission Paid (ZAR Billion), 2007–2011
Figure 70: Non-Life Insurance – Direct Marketing Commission Paid (ZAR Billion), 2011–2016
Figure 71: Non-Life Insurance – Written Premium Through Direct Marketing (ZAR Billion), 2007–2011
Figure 72: Non-Life Insurance – Written Premium Through Direct Marketing (ZAR Billion), 2011–2016
Figure 73: Non-Life Insurance – Policies Sold Through Direct Marketing (’000), 2007–2011
Figure 74: Non-Life Insurance – Policies Sold Through Direct Marketing (’000), 2011–2016
Figure 75: Non-Life Insurance – Number of Direct Marketing Distributors 2007–2011
Figure 76: Non-Life Insurance – Number of Direct Marketing Distributors, 2011–2016
Figure 77: Non-Life Insurance – Bancassurance Commission Paid (ZAR Billion), 2007–2011
Figure 78: Non-Life Insurance – Bancassurance Commission Paid (ZAR Billion), 2011–2016
Figure 79: Non-Life Insurance – Written Premium Through Bancassurance (ZAR Billion), 2007–2011
Figure 80: Non-Life Insurance – Written Premium Through Bancassurance (ZAR Billion), 2011–2016
Figure 81: Non-Life Insurance – Policies Sold Through Bancassurance (‘000), 2007–2011
Figure 82: Non-Life Insurance – Policies Sold Through Bancassurance (‘000), 2011–2016
Figure 83: Non-Life Insurance – Number of Bancassurance Distributors, 2007–2011
Figure 84: Non-Life Insurance – Number of Bancassurance Distributors, 2011–2016
Figure 85: Non-Life Insurance – Agencies Commission Paid (ZAR Billion), 2007–2011
Figure 86: Non-Life Insurance – Agencies Commission Paid (ZAR Billion), 2011–2016
Figure 87: Non-Life Insurance – Written Premium Through Agencies (ZAR Billion), 2007–2011
Figure 88: Non-Life Insurance – Written Premium Through Agencies (ZAR Billion), 2011–2016
Figure 89: Non-Life Insurance – Policies Sold Through Agencies (‘000), 2007–2011
Figure 90: Non-Life Insurance – Policies Sold Through Agencies (‘000), 2011–2016
Figure 91: Non-Life Insurance – Number of Agencies, 2007–2011
Figure 92: Non-Life Insurance – Number of Agencies, 2011–2016
Figure 93: Non-Life Insurance – Commission Paid to Other Channels (ZAR Billion), 2007–2011
Figure 94: Non-Life Insurance – Commission Paid to Other Channels (ZAR Billion), 2011–2016
Figure 95: Non-Life Insurance – Written Premium Through Other Channels (ZAR Billion), 2007–2011
Figure 96: Non-Life Insurance – Written Premium Through Other Channels (ZAR Billion), 2011–2016
Figure 97: Non-Life Insurance – Policies Sold Through Other Channels (‘000), 2007–2011
Figure 98: Non-Life Insurance – Policies Sold Through Other Channels (‘000), 2011–2016
Figure 99: Non-Life Insurance – Number of Distributors in Other Channels, 2007–2011
Figure 100: Non-Life Insurance – Number of Distributors in Other Channels, 2011–2016
Figure 101: South Africa Non-Life Insurance Market: Five Forces Analysis
Figure 102: Premium Ceded to Reinsurance by Category (ZAR Billion), 2007–2016
Figure 103: Reinsurance Premium by Category (%Share), 2011 and 2016
Figure 104: Reinsurance Market Dynamics by Category, 2007–2016
Figure 105: Reinsurance Ceded by Insurance Segment (ZAR Billion), 2007–2016
Figure 106: Reinsurance Market Dynamics by Insurance Segment, 2007–2016
Figure 107: Non-Life Insurance – Percentage of Reinsurance Ceded, 2007–2011
Figure 108: Non-Life Insurance – Percentage of Reinsurance Ceded, 2011–2016
Figure 109: Non-Life Insurance Market Share (%), 2010
Figure 110: South African Business Confidence Indicator, Q1 2008–Q4 2011
Figure 111: Johannesburg Stock Exchange Market Capitalization (US$ Billion), 2007–2011
Figure 112: South African GDP at Constant Prices (US$ Billion), 2007–2016
Figure 113: South African GDP Per Capita at Constant Prices (US$), 2007–2016
Figure 114: South African GDP at Current Prices (US$ Billion), 2007–2016
Figure 115: South African GDP Per Capita at Current Prices (US$), 2007–2016
Figure 116: South African GDP by Key Segments (%) 2007 and 2011
Figure 117: South African Agriculture Net Output at Current Prices (ZAR Billion), 2007–2016
Figure 118: South African Agriculture Net Output at Current Prices (US$ Billion), 2007–2016
Figure 119: South African Agriculture Net Output at Current Prices as a Percentage of GDP (%), 2007–2016
Figure 120: South African Manufacturing Net Output at Current Prices (ZAR Billion), 2007–2016
Figure 121: South African Manufacturing Net Output at Current Prices (US$ Billion), 2007–2016
Figure 122: South African Manufacturing Net Output at Current Prices as a Percentage of GDP (%), 2007–2016
Figure 123: South African Mining, Manufacturing and Utilities Net Output at Current Prices (ZAR Billion), 2007–2016
Figure 124: South African Mining, Manufacturing and Utilities Net Output at Current Prices (US$ Billion), 2007–2016
Figure 125: South African Mining, Manufacturing and Utilities Net Output at Current Prices as a percentage of GDP (%), 2007–2016
Figure 126: South African Construction Net Output at Current Prices (ZAR Billion), 2007–2016
Figure 127: South African Construction Net Output at Current Prices (US$ Billion), 2007–2016
Figure 128: South African Construction Output at Current Prices as a Percentage of GDP (%), 2007–2016
Figure 129: South African Inflation Rate (%), 2007–2016
Figure 130: South African Fiscal Balance as a Percentage of GDP (%), 2007–2011
Figure 131: South African Current Account Balance as a Percentage of GDP (%), 2007–2011
Figure 132: South African Exports as a Percentage of GDP (%), 2007–2016
Figure 133: South African Imports as a Percentage of GDP (%), 2007–2016
Figure 134: South African Exports Growth (%), 2007–2016
Figure 135: South African Imports Growth (%), 2007–2016
Figure 136: South African External Debt as a Percentage of GDP (%), 2007–2011
Figure 137: South African Annual Average Exchange Rate US$–ZAR, 2007–2011
Figure 138: South African End-of-Period Exchange Rate US$–ZAR, 2007–2011
Figure 139: Total Number of South African Airports and Sea Ports, 2011
Figure 140: South African Passenger Vehicle Production (‘000), 2007–2016
Figure 141: South African Commercial Vehicle Production (‘000), 2007–2016
Figure 142: South African Automotive Component Exports (US$ Billion), 2007–2016
Figure 143: South African Automotive Component Imports (US$ Billion), 2007–2016
Figure 144: South African Passenger Car Penetration (per 1,000 people), 2007–2016
Figure 145: South African Healthcare Expenditure (US$ Billion), 2007–2016
Figure 146: South African Healthcare Expenditure as a Percentage of GDP (%), 2007–2016
Figure 147: South African Per Capita Healthcare Expenditure (US$), 2007–2016
Figure 148: South African Internet Subscriptions (Millions), 2007–2016
Figure 149: South African Size of Labor Force in 15–59 Age Group (Million), 2007–2016
Figure 150: South African Unemployment Rate (%), 2007–2016
Figure 151: South African Annual Disposable Income (US$ Billion), 2007–2016
Figure 152: South African Annual Per Capita Disposable Income (US$), 2007–2016
Figure 153: South African Total Population (Million), 2007–2016
Figure 154: South African Urban and Rural Population (%), 2007–2016
Figure 155: South African Female as Percentage of Population (%), 2007–2016
Figure 156: South African Male as Percentage of Population (%), 2007–2016
Figure 157: South African Mean Age of Population (Years), 2007–2016
Figure 158: South African Median Age of Population (Years), 2007–2016
Figure 159: South African Population Density (per Square Kilometer), 2007–2016
Figure 160: South African Population Distribution by Age (%), 2007–2016
Figure 161: South African Male Population Distribution by Age (%), 2007–2016
Figure 162: South African Female Population Distribution by Age (%), 2007–2016
Figure 163: South African Households, Number of (Million), 2007–2016
Figure 164: Global Terrorism Heat Map, 2011
Figure 165: South African Transparency Index, 2007–2011

COMPANIES MENTIONED

Santam Limited
Mu"

Ask Your Question

Non-Life Insurance in South Africa, Key Trends and Opportunities to 2016: Introduction of Compulsory Motor Third-Party Liability Insurance to Drive Market Growth
Company name*:
Contact person*:
Phone/fax*:
Email*:
Request invoice
Your enquiry: