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

NEW YORK, June 7, 2017 /PRNewswire/ -- Synopsis
Timetric's 'Non-Life Insurance in South Africa, Key Trends and Opportunities to 2020' report provides a detailed outlook by product category for the South African non-life insurance segment, and a comparison of the South African insurance industry with its regional counterparts.

Read the full report: http://www.reportlinker.com/p01600000/Non-Life-Insurance-in-South-Africa-Key-Trends-and-Opportunities-to.html

It provides values for key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, 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, explains the various types of natural hazard and their impact on the South African insurance industry, 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 'Non-Life Insurance in South Africa Key Trends and Opportunities to 2020' report provides in-depth market analysis, information and insights into the South African non-life insurance segment, including:

- The South African non-life segment's detailed outlook by product category

- A comprehensive overview of the South African economy and demographics

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

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

- Detailed analysis of natural hazards and their impact on the South African insurance industry

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

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

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

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

- It analyzes various natural and man-made hazards and their impact on South African insurance industry

- 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 in-depth historic and forecast market data related to the South African non-life insurance segment, and each category within it.

- Understand the demand-side dynamics, key market trends and growth opportunities in the South African non-life insurance segment.

- Assess the competitive dynamics in the non-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
- Non-life insurance penetration stood at 2.5% in 2015, the largest in Southern Africa.

- Property insurance was the largest category during the review period.

- South African liability insurance was the third largest category during the review period, with a 4.7% share in terms of gross written premium in 2015.

- Marine, aviation and transit insurance was the smallest category in the South African non-life segment in 2015, accounting for 3.2% of the total non-life gross written premium.

- In terms of frequency, floods were the main hazard during the period, accounting for 37.9% of all natural disasters.

Read the full report: http://www.reportlinker.com/p01600000/Non-Life-Insurance-in-South-Africa-Key-Trends-and-Opportunities-to.html

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