Sunday, 18 August 2013

Recent Market Report: Non-Life Insurance Market Trends in South Africa and Mexico 2017



Synopsis

The report provides in depth market analysis, information and insights into the South African non-life insurance segment , including:

  • The South African non-life insurance segment’s growth prospects by non-life insurance categories
  • Key trends and drivers for the non-life insurance segment
  • The various distribution channels in the South African non-life insurance segment
  • Detailed competitive landscape in the life insurance segment in South Africa
  • Detailed regulatory framework of the South African insurance industry
  • A description of the non-life reinsurance segment in South Africa
  • Porter's Five Forces Analysis of the non-life insurance segment
  • Benchmarking section on the South African non-life insurance segment in comparison to other BRICS countries


Synopsis

The report provides in depth market analysis, information and insights into the Mexican non-life insurance market, including:

  • The Mexican non-life insurance market’s growth prospects by non-life insurance categories
  • The various distribution channels in the Mexican non-life insurance market
  • The competitive landscape in the non-life insurance market in Mexico
  • A description of the non-life reinsurance market in Mexico


Executive summary

South Africa’s is the largest insurance industry in Africa, dominating the region by contributing more than half the total direct premiums in the non-life segment. The segment grew from a written premium value of ZAR59.7 billion (US$7.4 billion) in 2008 to ZAR79.8 billion (US$9.8 billion) in 2012, at a review-period (2008−2012) CAGR of 7.5%. This was backed by GDP growth, progress in the automobile and property sectors and a rise in public awareness with regards to insurance products. New regulations have spurred industry growth and South African non-life insurers are expected to gain exposure to global insurance industries as a result.

Scope

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

  • It provides historical values for South Africa’s non-life insurance segment for the report’s 2008–2012 review period and forecast figures for the 2012–2017 forecast period
  • It offers a detailed analysis of the key sub-segments in South Africa’s non-life insurance segment, along with market forecasts until 2017
  • It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, frauds and crimes, total assets, total investment income and retentions
  • It analyses the various distribution channels for non-life insurance products in South Africa
  • Using Porter’s industry-standard “Five Forces” analysis, it details the competitive landscape in South Africa for the non-life insurance business
  • It provides a detailed analysis of the reinsurance segment in South Africa and its growth prospects
  • It profiles the top non-life insurance companies in South Africa and outlines the key regulations affecting them

To Buy The Copy of This Report Visit : http://www.marketresearchreports.biz/analysis/172867

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 within the South African non-life insurance segment
  • Assess the competitive dynamics in the non-life insurance segment, along with the reinsurance segment
  • Identify the growth opportunities and market dynamics within key product categories
  • Gain insights into key regulations governing the South African insurance market and its impact on companies and the market's future

To Buy The Copy of This Report Visit : http://www.marketresearchreports.biz/analysis/172868

Key highlights

  • Stable GDP growth, rising disposable income levels among consumers and increasing public awareness of insurance products have been the main growth drivers in the South African non-life insurance segment
  • The stable economic growth of mining exports, agricultural commodities and the rapid rise of the nation’s services sector are expected to increase demand for non-life insurance products over the forecast period (2012−2017)
  • An increase in penetration rates was supported by the government’s Black Economic Empowerment (BEE) program, which has enlarged the black middle-class population
  • Property insurance is the largest category and accounted for a segmental share of 47.7% in 2012
  • Motor insurance is the second-largest category and accounted for 44.3% of the segment in 2012


Contact

M/s Sheela
90 Sate Street, Suite 700
Albany, NY 12207
USA – Canada Toll Free: 866-997-4948

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