Extract
Although the short-term insurance industry is stable, companies operating in the sector remain under pressure...
Description
This report focuses on South Africa's short-term insurance sector, which incorporates a broad spectrum of non-life personal and commercial insurance and reinsurance lines.
Historical Reports
The Short - Term Insurance Industry in South Africa 2022-02-15
R 13 500.00(ZAR) estimated $818.26 (USD)*
View Report Add to CartShort -Term Insurance Including Direct and Travel Insurance in South Africa 2020-11-24
R 6 500.00(ZAR) estimated $393.98 (USD)*
View Report Add to CartShort Term Insurance including Direct and Travel Insurance in South Africa 2018-08-22
R 1 900.00(ZAR) estimated $115.16 (USD)*
View Report Add to CartShort Term Insurance including Direct and Travel Insurance in South Africa 2016-01-19
R 1 900.00(ZAR) estimated $115.16 (USD)*
View Report Add to CartTable of Contents
| PAGE | ||
|---|---|---|
| 1. | INTRODUCTION | 1 |
| 2. | DESCRIPTION OF THE INDUSTRY | 1 |
| 2.1. | Industry Supply Chain | 2 |
| 2.2. | Geographic Position | 3 |
| 3. | SIZE OF THE INDUSTRY | 3 |
| 4. | STATE OF THE INDUSTRY | 8 |
| 4.1. | Local | 8 |
| 4.1.1. | Corporate Actions | 10 |
| 4.1.2. | Regulations & Government Programmes | 11 |
| 4.1.3. | Enterprise Development and Social Economic Development | 14 |
| 4.2. | Continental | 19 |
| 4.3. | International | 21 |
| 5. | INFLUENCING FACTORS | 22 |
| 5.1. | Government Intervention | 22 |
| 5.2. | Economic Environment | 23 |
| 5.3. | Rising Input Costs | 23 |
| 5.4. | Regulatory Changes | 24 |
| 5.5. | Crime | 24 |
| 5.6. | Information Technology | 25 |
| 5.7. | Technology | 26 |
| 5.8. | Labour | 26 |
| 5.9. | Environmental Concerns | 28 |
| 6. | COMPETITION | 28 |
| 6.1. | Barriers to Entry | 29 |
| 6.2. | Innovation | 29 |
| 6.3. | Research and Development (R&D) | 29 |
| 7. | SWOT ANALYSIS | 30 |
| 8. | OUTLOOK | 30 |
| 9. | INDUSTRY ASSOCIATIONS | 31 |
| 10. | REFERENCES | 31 |
| 10.1. | Publications | 31 |
| 10.2. | Websites | 32 |
| APPENDIX 1 | 33 | |
| Types of Short-Term Insurance Policies | 33 | |
| APPENDIX 2 | 34 | |
| Short-Term Insurers registered with the Financial Services Board (FSB) | 34 | |
| APPENDIX 3 | 44 | |
| Comparative Review of Short-Term Insurance Results – Primary Insurers | 44 | |
| APPENDIX 4 | 45 | |
| Short-Term Insurance Individual Ranking – 2013 | 45 | |
| ORGANOGRAM 82190A | 47 | |
| Insurers | 47 | |
| COMPANY PROFILES | 51 | |
| 1LIFE INSURANCE (RF) LTD | 51 | |
| ABSA INSURANCE COMPANY LTD | 53 | |
| AIG SOUTH AFRICA LTD | 55 | |
| ALEXANDER FORBES INSURANCE COMPANY LTD | 57 | |
| ALLIANZ GLOBAL CORPORATE & SPECIALTY SOUTH AFRICA LTD | 58 | |
| AUTO & GENERAL INSURANCE COMPANY LTD | 59 | |
| BIDVEST INSURANCE LTD | 61 | |
| CENTRIQ INSURANCE COMPANY (RF) LTD | 63 | |
| COMPASS INSURANCE COMPANY LTD | 65 | |
| CONSTANTIA INSURANCE COMPANY LTD | 66 | |
| DIAL DIRECT INSURANCE LTD | 68 | |
| ETANA INSURANCE COMPANY LTD | 70 | |
| EXPORT CREDIT INSURANCE CORPORATION OF SOUTH AFRICA SOC LTD | 73 | |
| FEDERATED EMPLOYERS MUTUAL ASSURANCE CO LTD (THE) | 75 | |
| FIRSTRAND BANK LTD | 77 | |
| GUARDRISK INSURANCE COMPANY LTD | 80 | |
| HOLLARD INSURANCE COMPANY LTD (THE) | 82 | |
| INDEQUITY GROUP LTD | 85 | |
| INSURE GROUP MANAGERS HOLDINGS LTD | 87 | |
| ITHALA DEVELOPMENT FINANCE CORPORATION LTD | 89 | |
| KING PRICE INSURANCE COMPANY LTD | 94 | |
| LION OF AFRICA INSURANCE COMPANY LTD (THE) | 96 | |
| LIREAS HOLDINGS (PTY) LTD | 98 | |
| LOMBARD INSURANCE COMPANY LTD | 100 | |
| MIWAY INSURANCE LTD | 102 | |
| MUTUAL & FEDERAL INSURANCE COMPANY LTD | 104 | |
| MUTUAL & FEDERAL RISK FINANCING LTD | 106 | |
| OUTSURANCE INSURANCE COMPANY LTD | 107 | |
| REGENT INSURANCE COMPANY LTD | 109 | |
| SANTAM LTD | 112 | |
| STANDARD INSURANCE LTD | 115 | |
| TELESURE INVESTMENT HOLDINGS (PTY) LTD | 116 | |
| TRUSTCO GROUP HOLDINGS LTD | 119 | |
| ZURICH INSURANCE COMPANY SOUTH AFRICA LTD | 122 | |
| ORGANOGRAM 82190B | 125 | |
| Insurance Brokers | 125 | |
| COMPANY PROFILES | 127 | |
| ABSA INSURANCE & FINANCIAL ADVISERS (PTY) LTD | 127 | |
| BRAVEHEART FINANCIAL SERVICES (PTY) LTD | 129 | |
| CIB INSURANCE ADMINISTRATORS (PTY) LTD | 130 | |
| ECONORISK (PTY) LTD | 132 | |
| FUSSELL & ASSOCIATES (PTY) LTD | 134 | |
| GENESIS INSURANCE BROKERS (PTY) LTD | 135 | |
| GIB INSURANCE BROKERS (PTY) LTD | 136 | |
| MARSH (PTY) LTD | 138 | |
| MONT BLANC FINANCIAL SERVICES (PTY) LTD | 141 | |
| MULTI RISK BROKERS (PTY) LTD | 142 | |
| NEDBANK LTD | 143 | |
| PSG KONSULT LTD | 149 | |
| RISK BENEFIT SOLUTIONS (PTY) LTD | 151 | |
| STANDARD BANK INSURANCE BROKERS (PTY) LTD | 153 |
