1 Key Facts and Highlights
2 Executive Summary
3 Economy and Demographics
4 Segment Outlook
4.1 Regional Comparison
4.2 Segment Indicators
4.2.1 Gross written premium and penetration
4.2.2 Claims
4.2.3 Profitability
4.2.4 Assets and investments
5 Outlook by Category
5.1 Property Insurance
5.1.1 Product overview
5.1.2 Premium
5.1.3 Claims
5.1.4 Profitability
5.2 Motor Insurance
5.2.1 Product overview
5.2.2 Premium
5.2.3 Claims
5.2.4 Profitability
5.3 Liability Insurance
5.3.1 Product overview
5.3.2 Premium
5.3.3 Claims
5.3.4 Profitability
5.4 Marine, Aviation and Transit Insurance
5.4.1 Product overview
5.4.2 Premium
5.4.3 Claims
5.4.4 Profitability
6 Distribution Channel Outlook
7 Natural Hazards
7.1 Floods
7.2 Extreme Temperature
7.3 Drought
8 Competitive Landscape and Strategic Insights
8.1 Overview
8.2 Leading Companies in the South African Non-Life Insurance Segment
8.2.1 Santam Ltd – company overview
8.2.2 Mutual and Federal Insurance Company Ltd – company overview
8.2.3 Hollard Insurance Company Ltd – company overview
8.2.4 Outsurance Company Ltd – company overview
8.2.5 Guardrisk Insurance Company Ltd – company overview
9 Governance, Risk and Compliance
9.1 Legislation Overview and Historical Evolution
9.2 Latest Changes in Regulations
9.3 Legislation and Market Practice by Type of Insurance
9.3.1 Life insurance
9.3.2 Property insurance
9.3.3 Motor insurance
9.3.4 Liability Insurance
9.3.5 Marine, aviation and transit insurance
9.3.6 Personal accident and health insurance
9.4 Compulsory Insurance
9.4.1 Motor third-party liability insurance
9.4.2 Aviation third-party liability insurance
9.4.3 Unemployment insurance
9.4.4 Compensation for occupational diseases and injuries
9.4.5 Public liability insurance
9.5 Supervision and Control
9.5.1 International Association of Insurance Supervisors (IAIS)
9.5.2 African Insurance Organization (AIO)
9.5.3 Financial Services Board
9.5.4 South African Insurance Association (SAIA)
9.6 Non-Admitted Insurance Regulations
9.6.1 Overview
9.6.2 Intermediaries
9.6.3 Market practices
9.6.4 Fines and penalties
9.7 Company Registration and Operations
9.7.1 Types of insurance organization
9.7.2 Establishing a local company
9.7.3 Foreign ownership
9.7.4 Types of license
9.7.5 Capital requirements
9.7.6 Solvency margins
9.7.7 Reserve requirements
9.7.8 Investment regulations
9.7.9 Statutory return requirements
9.7.10 Fee structure
9.8 Taxation
9.8.1 Insurance premium or policy taxation
9.8.2 Withholding taxes on premium paid overseas
9.8.3 Corporate tax
9.8.4 VAT
9.8.5 Captives
9.9 Legal System
9.9.1 Introduction
9.9.2 Access to court
9.9.3 Alternative dispute resolution (ADR)
10 Databook
10.1 Policies and Premium
11 Definitions and Methodology
11.1 Definitions
11.2 Methodology
12 About Timetric
12.1 Contact Timetric
12.2 About Timetric
12.3 Timetric’s Services
12.4 Disclaimer
Table 2: South African Non-Life Insurance – Segment Shares of the Top Insurers, 2014
Table 3: South African Government Credit Ratings
Table 4: South African Non-Life Insurance – Gross Written Premium (ZAR Billion and US$ Billion), 2010–2014
Table 5: South African Non-Life Insurance – Penetration (%), 2010–2014
Table 6: South African Non-Life Insurance – Gross Written Premium (ZAR Billion and US$ Billion), 2014–2019
Table 7: South African Non-Life Insurance – Penetration (%), 2014–2019
Table 8: South African Non-Life Insurance – Premium per Capita (ZAR and US$), 2010–2014
Table 9: South African Non-Life Insurance – Premium per Capita (ZAR and US$), 2014–2019
Table 10: South African Non-Life Insurance – Paid Claims (ZAR Billion and US$ Billion), 2010–2014
Table 11: South African Non-Life Insurance – Paid Claims (ZAR Billion and US$ Billion), 2014–2019
Table 12: South African Non-Life Insurance – Profitability Ratios (%), 2010–2014
Table 13: South African Non-Life Insurance – Profitability Ratios (%), 2014–2019
Table 14: South African Non-Life Insurance – Total Assets (ZAR Billion and US$ Billion), 2010–2014
Table 15: South African Non-Life Insurance – Total Assets (ZAR Billion and US$ Billion), 2014–2019
Table 16: South African Non-Life Insurance – Total Investment Income (ZAR Billion and US$ Billion), 2010–2014
Table 17: South African Non-Life Insurance – Total Investment Income (ZAR Billion and US$ Billion), 2014–2019
Table 18: South African Non-Life Insurance – Investment Portfolio (ZAR Billion), 2010–2014
Table 19: South African Non-Life Insurance – Investment Portfolio (ZAR Billion), 2014–2019
Table 20: South African Non-Life Insurance – Gross Written Premium by Category (ZAR Billion), 2010–2014
Table 21: South African Non-Life Insurance – Gross Written Premium by Category (ZAR Billion), 2014–2019
Table 22: South African Property Insurance – Gross Written Premium by Sub-Category (ZAR Billion), 2010–2014
Table 23: South African Property Insurance – Gross Written Premium by Sub-Category (ZAR Billion), 2014–2019
Table 24: South African Property Insurance – Paid Claims (ZAR Billion and US$ Billion), 2010–2014
Table 25: South African Property Insurance – Paid Claims (ZAR Billion and US$ Billion), 2014–2019
Table 26: South African Property Insurance – Loss Ratio (%), 2010–2014
Table 27: South African Property Insurance – Loss Ratio (%), 2014–2019
Table 28: South African Motor Insurance – Gross Written Premium (ZAR Billion), 2010–2014
Table 29: South African Motor Insurance – Gross Written Premium (ZAR Billion), 2014–2019
Table 30: South African Motor Insurance – Paid Claims (ZAR Billion and US$ Billion), 2010–2014
Table 31: South African Motor Insurance – Paid Claims (ZAR Billion and US$ Billion), 2014–2019
Table 32: South African Motor Insurance – Loss Ratio (%), 2010–2014
Table 33: South African Motor Insurance – Loss Ratio (%), 2014–2019
Table 34: South African Liability Insurance – Gross Written Premium (ZAR Billion), 2010–2014
Table 35: South African Liability Insurance – Gross Written Premium (ZAR Billion), 2014–2019
Table 36: South African Liability Insurance – Paid Claims (ZAR Billion and US$ Billion), 2010–2014
Table 37: South African Liability Insurance – Paid Claims (ZAR Billion and US$ Billion), 2014–2019
Table 38: South African Liability Insurance – Loss Ratio (%), 2010–2014
Table 39: South African Liability Insurance – Loss Ratio (%), 2014–2019
Table 40: South African Transport Network – Global Rankings
Table 41: South African Marine, Aviation and Transit Insurance – Gross Written Premium (ZAR Billion), 2010–2014
Table 42: South African Marine, Aviation and Transit Insurance – Gross Written Premium (ZAR Billion), 2014–2019
Table 43: South African Marine, Aviation and Transit Insurance – Paid Claims (ZAR Million and US$ Billion), 2010–2014
Table 44: South African Marine, Aviation and Transit Insurance – Paid Claims (ZAR Million and US$ Billion), 2014–2019
Table 45: South African Marine, Aviation and Transit Insurance – Loss Ratio (%), 2010–2014
Table 46: South African Marine, Aviation and Transit Insurance – Loss Ratio (%), 2014–2019
Table 47: Shares of Key Insurers in the South African Non-Life Segment (%), 2014
Table 48: Santam Ltd – Key Facts
Table 49: Santam Ltd – Key Financials (ZAR Million)
Table 50: Mutual and Federal Insurance Company Ltd – Key Facts
Table 51: Mutual and Federal Insurance Company Ltd – Key Financials (ZAR Million)
Table 52: Hollard Insurance Company Ltd – Key Facts
Table 53: Hollard Insurance Company Ltd – Key Financials (ZAR Million)
Table 54: Outsurance Company Ltd – Key Facts
Table 55: Outsurance Company Ltd – Key Financials (ZAR Million)
Table 56: Guardrisk Insurance Company Ltd – Key Facts
Table 57: Guardrisk Insurance Company Ltd – Key Financials (ZAR Million)
Table 58: South Africa – Insurance Regulatory Framework Key Features
Table 59: South Africa – Life Insurance Regulatory Framework
Table 60: South Africa – Property Insurance Regulatory Framework
Table 61: South Africa – SASRIA Annual and Monthly Premium Rates
Table 62: South Africa – Motor Insurance Regulatory Framework
Table 63: South Africa – Liability Insurance Regulatory Framework
Table 64: South Africa – Corporate Tax Rates in South Africa for the Financial Year 2015
Table 65: South African Insurance Industry – Policies and Premium, 2010–2014
Table 66: South African Insurance Industry – Policies and Premium, 2014–2019
Table 67: South African Non-Life Insurance – Policies and Premium, 2010–2014
Table 68: South African Non-Life Insurance – Policies and Premium, 2014–2019
Table 69: South African Non-Life Insurance – Property Insurance Policies and Premium, 2010–2014
Table 70: South African Non-Life Insurance – Property Insurance Policies and Premium, 2014–2019
Table 71: South African Non-Life Insurance – Motor Insurance Policies and Premium, 2010–2014
Table 72: South African Non-Life Insurance – Motor Insurance Policies and Premium, 2014–2019
Table 73: South African Non-Life Insurance – Liability Insurance Policies and Premium, 2010–2014
Table 74: South African Non-Life Insurance – Liability Insurance Policies and Premium, 2014–2019
Table 75: South African Non-Life Insurance – Marine, Aviation and Transit Insurance Policies and Premium, 2010–2014
Table 76: South African Non-Life Insurance – Marine, Aviation and Transit Insurance Policies and Premium, 2014–2019
Table 77: South African Non-Life Insurance – Gross Written Premium by Sub-Category (ZAR Billion), 2010–2014
Table 78: South African Non-Life Insurance – Gross Written Premium by Sub-Category (ZAR Billion), 2014–2019
Table 79: South African Non-Life Insurance – Direct Written Premium by Sub-Category (ZAR), 2010–2014
Table 80: South African Non-Life Insurance – Direct Written Premium by Sub-Category (ZAR), 2014–2019
Table 81: South African Non-Life Insurance – Penetration by Sub-Category (%), 2010–2014
Table 82: South African Non-Life Insurance – Penetration by Sub-Category (%), 2014–2019
Table 83: Insurance Industry Definitions
Figure 1: South African Real GDP (ZAR Trillion), 2010–2019
Figure 2: ZAR–US$ Exchange Rate, 2010–2019
Figure 3: South African Consumer Price Inflation, 2010–2019
Figure 4: South African Current Account Balance as a Percentage of GDP (%), 2010–2019
Figure 5: South African Unemployment Rate, 2010–2019
Figure 6: South African Population by Age Group, 2010–2019
Figure 7: South African Non-Life Insurance Penetration – Regional Comparison (%), 2014
Figure 8: South African Insurance – Direct Written Premium Shares by Segment and Region (%), 2014
Figure 9: South African Non-Life Insurance – Gross Written Premium (ZAR Billion), 2010–2019
Figure 10: South African Non-Life Insurance – Penetration (%), 2010–2019
Figure 11: South African Non-Life Insurance – Premium per Capita (ZAR), 2010–2019
Figure 12: South African Non-Life Insurance – Paid Claims (ZAR Billion), 2010–2019
Figure 13: South African Non-Life Insurance – Profitability Ratios (%), 2010–2019
Figure 14: South African Non-Life Insurance – Total Assets (ZAR Billion), 2010–2019
Figure 15: South African Non-Life Insurance – Total Investment Income (ZAR Billion), 2010–2019
Figure 16: South African Non-Life Insurance – Investment Portfolio (ZAR Billion), 2010–2019
Figure 17: South African Non-Life Insurance – Investment Portfolio Dynamics by Category, 2010–2019
Figure 18: South African Non-Life Insurance – Gross Written Premium by Category (ZAR Billion and US$ Billion), 2010–2019
Figure 19: South African Non-Life Insurance – Gross Written Premium Dynamics by Category, 2010–2019
Figure 20: South African Property Insurance – Construction Value Output by Market (ZAR Billion), 2010–2014
Figure 21: South African Property Insurance – Gross Written Premium by Sub-Category (ZAR Billion), 2010–2019
Figure 22: South African Property Insurance – Gross Written Premium Dynamics by Sub-Category, 2010–2019
Figure 23: South African Property Insurance – Paid Claims (ZAR Billion), 2010–2019
Figure 24: South African Property Insurance – Earned Premium, Incurred Loss and Loss Ratio (ZAR Billion and %), 2010–2019
Figure 25: South African Total Vehicle Sales, 2010–2014
Figure 26: South African Total Vehicle Sales by Vehicle Type (% Share), 2014
Figure 27: South African Motor Insurance – Gross Written Premium (ZAR Billion), 2010–2019
Figure 28: South African Motor Insurance – Paid Claims (ZAR Billion), 2010–2019
Figure 29: South African Motor Insurance – Earned Premium, Incurred Loss and Loss Ratio (ZAR Billion and %), 2010–2019
Figure 30: South African Liability Insurance – Gross Written Premium (ZAR Billion), 2010–2019
Figure 31: South African Liability Insurance – Paid Claims (ZAR Billion), 2010–2019
Figure 32: South African Liability Insurance – Earned Premium, Incurred Loss and Loss Ratio (ZAR Billion and %), 2010–2019
Figure 33: South African Marine, Aviation and Transit Insurance – Gross Written Premium (ZAR Billion), 2010–2019
Figure 34: South African Marine, Aviation and Transit Insurance – Paid Claims (ZAR Billion), 2010–2019
Figure 35: South African Marine, Aviation and Transit Insurance – Earned Premium, Incurred Loss and Loss Ratio (ZAR Billion and %), 2010–2019
Figure 36: South African Frequency of Hazards by Type, 1990–2014
Figure 37: South African Mortality of Hazards by Type, 1990–2014
Figure 38: South African Economic Issues of Hazards by Type, 1990–2014
Figure 39: Shares of Key Insurers in the South African Non-Life Segment (%), 2014
Figure 40: South Africa – Insurance Supervision and Control at Various Levels
Figure 41: South Africa – Insurance Regulatory Frameworks for Company Registration and Operation
【掲載企業】
Santam Ltd
Mutual and Federal Insurance Company Ltd
Hollard Insurance Company Ltd
Outsurance Company Ltd
Guardrisk Insurance Company Ltd
