|
South Africa Insurance Report |
Was: $1030.00 | |
| Now: $875.00 | ||
| You save: $155.00 (15%) |
The South Africa Insurance Report
- Independent 5-year insurance industry forecast for South Africa .
- Original insurance market research and insurance sector trend analysis for South Africa ’s insurance industry.
- Competitive intelligence, regional insurance company rankings and SWOT analyses on international and domestic insurance companies in South Africa .
The South Africa Insurance Report has been researched at source and features latest available data for annual insurance premiums and claims; assets and investments; 5-year insurance industry forecasts for South Africa through end- ; insurance company rankings and competitive landscapes for local insurers and multinational insurance subsidiaries in South Africa ; and analysis of the latest insurance industry developments, trends and regulatory changes in South Africa .
Business Monitor International's South Africa Insurance Report provides professionals, consultancies, government departments, regulatory bodies and researchers with independent forecasts and regional competitive intelligence on the South African insurance industry.
Coverage
South Africa Insurance Sector At A Glance
Key insights into the insurance market, covering industry trends, key players and the regulatory environment, plus snapshots of life and non-life premium values in local currency and US$.
Evolution of the South African Insurance Market
Analysis of recent developments in the local insurance market, including data on life and non-life premium values, density and penetration, dating from 1998.
BMI 5-Year Industry Forecasts for South Africa
Analysis of market growth drivers, including 5-year projections (to end- ) for premium values. Forecasts section also includes BMI risk ratings on local economy, politics and business environment. Industry indicators covered include:
Number of life and non-life insurance companies; total and per capita Property/Casualty premiums and claims; total and per capita Life/Health premiums and claims; total premium income; total claims/expenses; total operating expenses; total assets and investments; industry density (per capita premiums) and penetration (premiums as a portion of GDP)
BMI 5-Year Macroeconomic Forecast for South Africa
BMI forecasts for all headline macroeconomic indicators, including real GDP growth, inflation, fiscal balance, trade balance, current account and external debt.
Insurance Company Rankings in South Africa
Comparative company analyses and rankings by premium income (life and non-life).
Insurance Industry Competitive Landscape in Africa
A cross-border overview of key players and their market share across the region. Tables and graphs show country presence of multinationals throughout the region.
|
South Africa Insurance Report |
Was: $1030.00 | |
| Now: $875.00 | ||
| You save: $155.00 (15%) |
Chapter - The Sector At A Glance |
| Table: Overview Of South Africa's Insurance Sector |
| Key Insights On South Africa's Insurance Sector |
Chapter - SWOT Analysis |
| South Africa Insurance Industry SWOT |
| South Africa Political SWOT |
| South Africa Economic SWOT |
| South Africa Business Environment SWOT |
Chapter - Development Of BMI's Insurance Reports |
| Comment – The Global Financial Crisis |
| Table: Selected European Countries: Budget And Current Account, 2008 (as % of GDP) |
| Revision Of Data And Forecasts |
Chapter - Projections And Forecasts |
| Table: Insurance Data And Projections, 2006-2013 |
| Projections And Drivers Of Growth |
| Table: Growth Drivers, 2006-2013 |
Chapter - Country Update |
| Macroeconomic Outlook |
| Table: South Africa – Economic Activity, 2006-2013 |
| Political Outlook |
Chapter - Insurance Business Environment Rating |
| Table: South Africa – Insurance Business Environment Indicators |
| Table: Middle East and Africa Insurance Business Environment Rankings |
Chapter - Regional Context |
| Table: Non-Life Premiums In A Regional Context, 2008 |
| Table: Life Premiums In A Regional Context, 2008 |
| Table: Comparison Of Major Lines As % Of Non-Life Premiums, 2006 |
Chapter - Analysis Of Competitive Conditions |
| Regional Overview |
Chapter - Company Profiles |
| AIG |
| Allianz |
| Cardif |
| Global Alliance |
| Guardrisk |
| HDI-Gerling |
| Hollard |
| Liberty Group SA |
| Metropolitan |
| Momentum Group |
| Munich Re |
| Mutual and Federal |
| Nedgroup |
| Old Mutual |
| OUTsurance |
| Sanlam |
| Santam |
| Zurich SA (formerly SA Eagle) |
Chapter - Country Snapshot: South Africa Demographic Data |
| Section 1: Population |
| Table: Demographic Indicators, 2005-2030 |
| Table: Rural/Urban Breakdown, 2005-2030 |
| Section 2: Education And Healthcare |
| Table: Education, 2002-2005 |
| Table: Vital Statistics, 2005-2030 |
| Section 3: Labour Market And Spending Power |
| Table: Employment Indicators, 2001-2006 |
| Table: Consumer Expenditure, 2000-2012 (US$) |
| Table: Average Annual Wages, 2000-2012 |
Chapter - Methodology |
| Basis Of Projections |
| Insurance Business Environment Rating |
| Table: Insurance Business Environment Indicators And Rationale |
| Table: Weighting Of Indicators |
|
South Africa Insurance Report |
Was: $1030.00 | |
| Now: $875.00 | ||
| You save: $155.00 (15%) |
On the back of a deteriorating external and domestic economic outlook, combined with weak Q408 real GDP growth data, we now forecast that the South African economy will contract by 0.3% in 2009, followed by recovery to growth of 2.9% in 2010.
Our latest research trip to South Africa in mid-February confirmed our increasingly bearish outlook on the country’s economy. Before our visit, we had lowered our South African real GDP growth to just 0.2% in 2009. While acknowledging the importance of private investment in the run-up to the 2010 FIFA World Cup, we highlighted that slumping real private consumption and contracting real export growth will weigh heavily on economic activity over the coming year.
Thanks to a relatively stable banking sector and a lower domestic private debt burden than western economies, South Africa is unlikely to see the same levels of economic contraction as currently experienced in the US, Euroland or Asia. That said, aside from analysts sharing their concerns about South Africa’s economy, during our trip we distinctly got the impression that deteriorating external conditions and ailing domestic demand present severe challenges for South African businesses, regardless of whether they are banks, mining companies or manufacturing firms. In fact, combined with the latest real GDP figures, we now believe that the economy is most likely to experience a full-year recession in 2009, with our new real GDP growth forecast standing at -0.3%.
In sub-Saharan Africa, we profile 19 companies. These are AIG, AGF, Allianz, Cardif, Global Alliance, Guardrisk, HDI-Gerling, Hollard, Liberty Group, Metropolitan, Momentum Group, Munich Re, Mutual & Federal, Nedgroup, Old Mutual, OUTsurance, Sanlam, Santam, and Zurich South Africa.
Over the course of 2008, estimated total premiums in South Africa rose by 13% to ZAR259,087mn. Nonlife premiums rose by 15% to ZAR61,612mn while life premiums rose by 13% to ZAR197,475mn. Between now and the end of the forecast period, we expect that annual non-life premiums will grow by ZAR58,340mn, while annual life premiums should grow by ZAR43,437mn.
Growth in non-life premiums should be driven by the general growth of nominal GDP plus a rise in nonlife penetration from the current level of 2.36% to 3.50%.
Growth in life premiums should be driven by the change in the overall population and a rise in life density, from US$549.25 to US$630.00 per capita.
BMI’s Insurance Business Environment Rating for South Africa is 67.1.
|
South Africa Insurance Report |
Was: $1030.00 | |
| Now: $875.00 | ||
| You save: $155.00 (15%) |
Africa |
| Algeria, Egypt, Libya, Morocco, Nigeria and Tunisia |
Asia |
| Australia, China, Hong Kong, India, Indonesia, Malaysia, Pakistan, Philippines, Singapore, South Korea, Taiwan, Thailand and Vietnam |
Caribbean |
| Bahamas, Barbados, Bermuda, Dominican Republic, Jamaica and Trinidad & Tobago |
Europe |
| Bulgaria, Croatia, Czech Republic, Estonia, Germany, Greece, Hungary, Kazakhstan, Latvia, Lithuania, Poland, Romania, Russia, Serbia, Slovakia, Slovenia, Ukraine and United Kingdom |
Latin America |
| Argentina, Brazil and Mexico |
Middle East |
| Bahrain, Iran, Israel, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Turkey and United Arab Emirates |
Business Monitor InternationalA Market Leader in Country Risk, Industry Intelligence and Company Research Mermaid House, 2 Puddle Dock, Blackfriars, London EC4V 3DS, UK |
BUSINESS MONITOR INTERNATIONAL's country risk analysis and forecasts, market research on leading industries, and multinational company research is relied upon by corporates, banks, government departments and multilateral organisations in over 125 countries around the world. Country Risk Analysis and Forecasts Industry Intelligence and Market Research Company Research |