Figures in thousands USD
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| Ranking | Company | Country | Class of business | Premiums | 2024 shares |
| 1 | Sanlam | South Africa | Life | 5 037 658 | 10.7% |
| 2 | Old Mutual Life Assurance | South Africa | Life | 2 058 271 | 4.4% |
| 3 | Liberty Group | South Africa | Life | 1 912 627 | 4.1% |
| 4 | Momentum Metropolitan Life | South Africa | Life | 1 430 557 | 3.0% |
| 5 | Discovery Life | South Africa | Life | 1 187 054 | 2.5% |
| 6 | Mutuelle Taamine Chaabi | Morocco | Life | 748 223 | 1.6% |
| 7 | Wafa Assurance | Morocco | Composite | 620 919 | 1.3% |
| 8 | RMA | Morocco | Composite | 463 657 | 1.0% |
| 9 | Britam Life | Kenya | Life | 322 344 | 0.7% |
| 10 | Axa Assurance Maroc | Morocco | Composite | 239 212 | 0.5% |
| Total life premiums | 14 020 522 | 29.8% | |||
| Rest of life market | 33 078 842 | 70.2% | |||
| Life market grand total | 47 099 364 | 100% | |||
* This ranking includes only life insurance premiums written by the companies. Non-life insurance premiums written by composite insurers have been excluded from this ranking.
Read also | Top 30 African insurance companies





