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South African Life Insurance Industry Including Reinsurance 2021: Profiles of 45 Key Players Including Sanlam, Old Mutual, African Rainbow Capital and Munich Reinsurance - ResearchAndMarkets.com


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Life cover plays a central role in safeguarding financial security as it provides an income stream to dependents who would otherwise suffer financial loss in the event of the death, disability or serious illness of a breadwinner. In 2020, 65 primary life insurers, five life cell captives, five composite reinsurers (offering life and non-life reinsurance), two life reinsurers, and one life microinsurer were registered with the Financial Services Conduct Authority. The life insurance sector is dominated by large companies such as Sanlam, Discovery and Old Mutual.
The coronavirus pandemic has put pressure on new business, lapse rates and potential future claims in the life insurance sector. It has caused extreme equity market and interest rate volatility, which affects the performance of the industry players. Gross written premiums are expected to decline as customers income is affected by unemployment. Liquidity constraints are highly lik ....

South Africa , Laura Wood , Africa Life Assurance Company Ltd , Strategic Investment Service Pty Ltd , Outsurance Life Insurance Company Ltd , Guardrisk Life Ltd , Research Development , African Rainbow Life Ltd , Sanlam Life Insurance Ltd , Vodacom Life Assurance Company Rf Ltd , Bidvest Life Ltd , Africa Ltd , Avbob Mutual Assurance Society , Hollard Specialist Life Ltd , African Unity Life Ltd , Office Hours Call , Psg Konsult Ltd , Fedgroup Life Ltd , Investec Life Ltd , Alexander Forbes Investments Ltd , Momentum Metropolitan Life Ltd , Life Insurance Rf Ltd , Hannover Reinsurance Group Africa Pty Ltd , Enterprise Development , Hollard Life Assurance Company Ltd , Nedgroup Structured Life Ltd ,

2021 South African Life Insurance Industry Analysis: State of the Industry, Influencing Factors and Competition Outlook


2021 South African Life Insurance Industry Analysis: State of the Industry, Influencing Factors and Competition Outlook
March 11, 2021 07:48 ET
| Source:
Research and Markets
Research and Markets
Dublin, IRELAND
ResearchAndMarkets.com s offering.
Life cover plays a central role in safeguarding financial security as it provides an income stream to dependents who would otherwise suffer financial loss in the event of the death, disability or serious illness of a breadwinner. In 2020, 65 primary life insurers, five life cell captives, five composite reinsurers (offering life and non-life reinsurance), two life reinsurers, and one life microinsurer were registered with the Financial Services Conduct Authority. The life insurance sector is dominated by large companies such as Sanlam, Discovery and Old Mutual. ....

South Africa , Laura Wood , Africa Life Assurance Company Ltd , Strategic Investment Service Pty Ltd , Outsurance Life Insurance Company Ltd , Guardrisk Life Ltd , Research Development , African Rainbow Life Ltd , Sanlam Life Insurance Ltd , Vodacom Life Assurance Company Rf Ltd , Bidvest Life Ltd , Africa Ltd , Avbob Mutual Assurance Society , Hollard Specialist Life Ltd , African Unity Life Ltd , Office Hours Call , Psg Konsult Ltd , Fedgroup Life Ltd , Investec Life Ltd , Alexander Forbes Investments Ltd , Momentum Metropolitan Life Ltd , Life Insurance Rf Ltd , Hannover Reinsurance Group Africa Pty Ltd , Enterprise Development , Hollard Life Assurance Company Ltd , Nedgroup Structured Life Ltd ,