Find Insurance and Reinsurance expertise in South Africa

Insurance companies are major players in the South African financial sector. At the beginning of 2008, life insurance company assets were 80% of GDP. The insurance penetration rate is among the highest in the world, with premium revenue levels at 16% of GDP (2007). The key players in South Africa’s insurance sector are Old Mutual Plc, Sanlam Ltd, Liberty Group Ltd, Investec Ltd, Investment Solutions Inc, Santam Ltd, Mutual & Federal Insurance Company Ltd, Hollard Insurance Co. Ltd, and South African Eagle Insurance Co. Ltd. The Financial Services Board is responsible for regulating the insurance sector.