[email protected] +44 20 8123 2220 (UK) +1 732 587 5005 (US) Contact Us | FAQ |

Insurance Brokers in South Africa

June 2017 | 34 pages | ID: I3E817557A0EN
MarketLine

US$ 350.00

E-mail Delivery (PDF)

Download PDF Leaflet

Accepted cards
Wire Transfer
Checkout Later
Need Help? Ask a Question
Insurance Brokers in South Africa

SUMMARY

Insurance Brokers in South Africa industry profile provides top-line qualitative and quantitative summary information including: market size (value 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

SYNOPSIS

Essential resource for top-line data and analysis covering the South Africa insurance brokers market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

KEY HIGHLIGHTS
  • The insurance brokers sector is valued in relation to the total brokerage revenue of non-life insurance and reinsurance brokerage firms. All currency conversions have been carried out at constant annual average 2016 exchange rates.
  • The South African insurance brokers sector had total revenues of $109.6m in 2016, representing a compound annual growth rate (CAGR) of 7.3% between 2012 and 2016.
  • The primary insurance segment was the sector's most lucrative in 2016, with total revenues of $94.9m, equivalent to 86.6% of the sector's overall value. The reinsurance segment contributed revenues of $14.7m in 2016, equating to 13.4% of the sector's aggregate value.
  • The South African economic turmoil in the last three years had a decelerating growth impact on the insurance brokers sector in the country. In fact, the depreciation of rand together with rising inflation, are undermining the revenues of brokers as fees are fixed by regulation for short-term insurance such as motor vehicle insurance products.
SCOPE
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the insurance brokers market in South Africa
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the insurance brokers market in South Africa
  • Leading company profiles reveal details of key insurance brokers market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the South Africa insurance brokers market with five year forecasts
REASONS TO BUY
  • What was the size of the South Africa insurance brokers market by value in 2016?
  • What will be the size of the South Africa insurance brokers market in 2021?
  • What factors are affecting the strength of competition in the South Africa insurance brokers market?
  • How has the market performed over the last five years?
  • What are the main segments that make up South Africa's insurance brokers market?
Executive Summary
Market value
Market value forecast
Category segmentation
Geography segmentation
Market rivalry
Market Overview
Market definition
Market analysis
Market Data
Market value
Market Segmentation
Category segmentation
Geography segmentation
Market Outlook
Market value forecast
Five Forces Analysis
Summary
Buyer power
Supplier power
New entrants
Threat of substitutes
Degree of rivalry
Leading Companies
Aon plc
Marsh & McLennan Companies, Inc.
PWV Insurance Brokers
Willis Towers Watson Public Limited Company
Macroeconomic Indicators
Country data
Methodology
Industry associations
Related MarketLine research
Appendix
About MarketLine

LIST OF TABLES

Table 1: South Africa insurance brokers sector value: $ billion, 2012–16
Table 2: South Africa insurance brokers sector category segmentation: $ billion, 2016
Table 3: South Africa insurance brokers sector geography segmentation: $ billion, 2016
Table 4: South Africa insurance brokers sector value forecast: $ billion, 2016–21
Table 5: Aon plc: key facts
Table 6: Aon plc: key financials ($)
Table 7: Aon plc: key financial ratios
Table 8: Marsh & McLennan Companies, Inc.: key facts
Table 9: Marsh & McLennan Companies, Inc.: key financials ($)
Table 10: Marsh & McLennan Companies, Inc.: key financials (€)
Table 11: Marsh & McLennan Companies, Inc.: key financial ratios
Table 12: PWV Insurance Brokers: key facts
Table 13: Willis Towers Watson Public Limited Company: key facts
Table 14: Willis Towers Watson Public Limited Company: key financials ($)
Table 15: Willis Towers Watson Public Limited Company: key financial ratios
Table 16: South Africa size of population (million), 2012–16
Table 17: South Africa gdp (constant 2005 prices, $ billion), 2012–16
Table 18: South Africa gdp (current prices, $ billion), 2012–16
Table 19: South Africa inflation, 2012–16
Table 20: South Africa consumer price index (absolute), 2012–16
Table 21: South Africa exchange rate, 2012–16

LIST OF FIGURES

Figure 1: South Africa insurance brokers sector value: $ billion, 2012–16
Figure 2: South Africa insurance brokers sector category segmentation: % share, by value, 2016
Figure 3: South Africa insurance brokers sector geography segmentation: % share, by value, 2016
Figure 4: South Africa insurance brokers sector value forecast: $ billion, 2016–21
Figure 5: Forces driving competition in the insurance brokers sector in South Africa, 2016
Figure 6: Drivers of buyer power in the insurance brokers sector in South Africa, 2016
Figure 7: Drivers of supplier power in the insurance brokers sector in South Africa, 2016
Figure 8: Factors influencing the likelihood of new entrants in the insurance brokers sector in South Africa, 2016
Figure 9: Factors influencing the threat of substitutes in the insurance brokers sector in South Africa, 2016
Figure 10: Drivers of degree of rivalry in the insurance brokers sector in South Africa, 2016
Figure 11: Aon plc: revenues & profitability
Figure 12: Aon plc: assets & liabilities
Figure 13: Marsh & McLennan Companies, Inc.: revenues & profitability
Figure 14: Marsh & McLennan Companies, Inc.: assets & liabilities
Figure 15: Willis Towers Watson Public Limited Company: revenues & profitability
Figure 16: Willis Towers Watson Public Limited Company: assets & liabilities

COMPANIES MENTIONED

Aon plc
Marsh & McLennan Companies, Inc.
PWV Insurance Brokers
Willis Towers Watson Public Limited Company


More Publications