Life Insurance in South Africa, Key Trends and Opportunities to 2020

NEW YORK, June 12, 2017 /PRNewswire/ -- Synopsis
Timetric's 'Life Insurance in South Africa, Key Trends and Opportunities to 2020' report provides a detailed outlook by product category for the South African life insurance segment, and a comparison of the South African insurance industry with its regional counterparts.

Read the full report: http://www.reportlinker.com/p01599999/Life-Insurance-in-South-Africa-Key-Trends-and-Opportunities-to.html

It provides key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, total assets, total investment income and retentions during the review period (2011–2015) and forecast period (2015–2020).

The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the South African economy and demographics, and provides detailed information on the competitive landscape in the country.

The report brings together Timetric's research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulations, and recent changes in the regulatory structure.

Summary
Timetric's 'Life Insurance in South Africa Key Trends and Opportunities to 2020' report provides in-depth market analysis, information and insights into the South African life insurance segment, including:

- An overview of the South African life insurance segment

- The South African life insurance segment's growth prospects by category

- A comprehensive overview of the South African economy and demographics

- A comparison of the South African life insurance segment with its regional counterparts

- The various distribution channels in the South African life insurance segment

- Details of the competitive landscape in the life insurance segment in South Africa

- Details of regulatory policy applicable to the South African insurance industry

Scope
This report provides a comprehensive analysis of the life insurance segment in South Africa:

- It provides historical values for South Africa life insurance 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 life insurance segment, and market forecasts to 2020.

- It provides a comparison of the South African life insurance segment with its regional counterparts

- It analyzes the various distribution channels for life insurance products in South Africa.

- It profiles the top life insurance companies in South Africa and outlines the key regulations affecting them.

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 in the South African life insurance segment.

- Assess the competitive dynamics in the life insurance 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
- Life insurance accounted for 78.2% of the South African insurance gross written premium in 2015.

-Life insurance penetration was 11.4% in 2015 and was the highest in southern Africa.

- The South African life segment is highly concentrated, with the 10 leading insurers collectively accounting for 80.7% of the segment's direct written premium in 2015.

- Brokers, agencies and bancassurance are the preferred distribution channels for the life segment in South Africa.

Read the full report: http://www.reportlinker.com/p01599999/Life-Insurance-in-South-Africa-Key-Trends-and-Opportunities-to.html

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