The South African Insurance Industry Surveys

This survey explores many themes that require foresight, strategic planning and the most important yet often-times overlooked catalyst – action!

The survey covers the published results from the 2019 financial year, results that were generated prior to the outbreak of the Covid-19 pandemic.

We are pleased to present the 2016 KPMG Insurance Survey, which reflects the spirit of innovation demonstrated by the local insurance industry throughout the year.                            

The theme of our survey this year is The Power of Human, reflecting the important role we all play in working harder to make the world a better place. 

We are pleased to release the latest survey of financial results for 37 short-term insurers, 22 long-term insurers, and 8 reinsurers in South Africa

This year’s edition opens with a light-hearted exploration of some of the more unusual aspects of insurance—alternative products that may even spark ideas for future growth opportunities.                                                     

A recent article about the reinsurance industry in the local press spoke of global reinsurers’ growing reluctance to insure South African risks.

This year’s survey analyses the financial results of 38 short-term insurers, 22 long-term insurers, and 8 reinsurers.                                                               

This year’s survey brings together a broad range of insights, from the growing importance of data-quality and regulatory readiness to emerging opportunities in high-growth markets.                                                                 

The COVID-19 pandemic has brought the insurance industry monumental challenges. 

This survey looks to the future, asking how insurers can evolve to remain relevant and competitive.                                                                                    

This year’s survey highlights key industry shifts, focusing on data quality, regulatory developments and emerging opportunities in high-growth markets.