South Africa in pole position

Magazine Issue:

Reinsurance, an ever changing market [3]

Magazine date:

Dec 2014

African insurance is dominated by South Africa with eight of its companies ranking among the 10 largest insurers of the continent in 2013.

Johannesburg © Zakysant [4], CC BY-SA 3.0 [5]

Moroccan companies are the only ones standing to the South Africans. International groups such as AXA, Allianz, AIG, or Lloyd's have a very small share of the South African market.

Zurich, the largest of them all, holds only 4% of this market. There is an opposite trend in reinsurance where five of the world's largest reinsurers share 75% of the market.

Fri, 26/12/2014 - 11:09

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