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South Africa Life Insurance Market - Forecast to 2018

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Complete reports is available @ http://marketreportsstore.com/life-insurance-in-south-africa-key-trends-and-opportunities-to-2018/# .

The South African insurance industry is the largest in Africa, and the country’s life insurance segment accounted for 80.0% of the continent’s total gross written premium for life insurance in 2012. Growth in the South African life segment can be attributed to stable GDP growth, rising disposable incomes of the middle-class population, the rapid expansion of financial services in rural areas, and increased awareness of life insurance products. High crime rates and levels of HIV, along with the development of microinsurance, supplemented the life segment’s growth.

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South Africa Life Insurance Market - Forecast to 2018

  1. 1. Life Insurance in South Africa, Key Trends and Opportunities to 2018 Published: Jul 2014 Single User PDF: US$ 1950 Corporate User PDF: US$ 3900 Order this report by calling +1 888 391 5441 or Send an email to sales@marketreportsstore.com with your contact details and questions if any. 1
  2. 2. Life Insurance in South Africa, Key Trends and Opportunities to 2018 Synopsis The report provides in-depth market analysis, information and insights into the South African life insurance segment, including: The South African life insurance segment’s growth prospects by life insurance categories Key trends and drivers for the life insurance segment The various distribution channels in the South African life insurance segment The detailed competitive landscape in the life insurance segment in South Africa Detailed regulatory policies of the South African insurance industry A description of the life reinsurance segment in South Africa Porter's Five Forces analysis of the life insurance segment A benchmarking section on the South African life insurance segment in comparison with other countries in the BRICS region Call Now + 1 888 391 5441 | Email at sales@marketreportsstore.com 2
  3. 3. Life Insurance in South Africa, Key Trends and Opportunities to 2018 Summary The South African insurance industry is the largest in Africa, and the country’s life insurance segment accounted for 80.0% of the continent’s total gross written premium for life insurance in 2012. Growth in the South African life segment can be attributed to stable GDP growth, rising disposable incomes of the middle- class population, the rapid expansion of financial services in rural areas, and increased awareness of life insurance products. High crime rates and levels of HIV, along with the development of microinsurance, supplemented the life segment’s growth. Inquire Before buying this report @ http://marketreportsstore.com/inquire- before-buying/?rname=15859 . Call Now + 1 888 391 5441 | Email at sales@marketreportsstore.com 3
  4. 4. Life Insurance in South Africa, Key Trends and Opportunities to 2018 Key highlights The South African life segment’s gross written premium grew at a review-period CAGR of 5.3%. The number of polices sold through linked business increased from 26.0 million in 2009 to 29.5 million in 2013, at a CAGR of 3.3% during the review period. Demand in the life segment is expected to continue over the forecast period with the help of high awareness of the needs and benefits of insurance, and the rising disposable incomes of younger people. In 2013, brokers generated 54.2% of the gross written premium from new business in the life segment. The South African life segment is highly concentrated among 10 large companies, which accounted for 75.8% of the segment in terms of total gross written premium in 2012. Complete reports is available @ http://marketreportsstore.com/life-insurance- in-south-africa-key-trends-and-opportunities-to-2018/# . Call Now + 1 888 391 5441 | Email at sales@marketreportsstore.com 4
  5. 5. Life Insurance in South Africa, Key Trends and Opportunities to 2018 Reasons to buy Make strategic business decisions using in depth historic and forecast market data related to the South African life insurance segment and each category within it Understand the demand-side dynamics, key market trends and growth opportunities within the South African life insurance segment Assess the competitive dynamics in the life insurance segment, 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 industry and its impact on companies and the market's future Buy the copy of this report @ http://marketreportsstore.com/purchase?rname=15859 . Call Now + 1 888 391 5441 | Email at sales@marketreportsstore.com 5
  6. 6. Life Insurance in South Africa, Key Trends and Opportunities to 2018 About Us MarketReportsStore.com is an online market research reports library of 250,000+ in- depth studies of over 5000 micro markets. Our database includes reports by leading publishers from across the globe. We provide 24/7 online and offline support service to our customers. RnR Market Research also offers company data, country profiles, trends, information and analysis on the sector of your interest. Visit Us @ http://marketreportsstore.com Follow Us: Call Now + 1 888 391 5441 | Email at sales@marketreportsstore.com 6

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