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May 2019 | 2017 written premiums | 2016 written premiums | 2016-2017 (2) evolution | |||
|---|---|---|---|---|---|
| In ZAR (1) | In USD | In ZAR (1) | In USD | ||
Sanlam | 58 431 000 | 4 729 405 | 52 659 000 | 3 858 325 | 10.96% |
Old Mutual | 49 313 380 | 3 991 425 | 51 177 905 | 3 749 805 | -3.64% |
Liberty Group | 36 973 000 | 2 992 595 | 38 013 000 | 2 785 213 | -2.74% |
MMI Group Limited (3) | 21 052 000 | 1 703 949 | 23 223 000 | 1 701 549 | -9.35% |
1 Life (3) | 1 180 602 | 95 558 | 1 080 138 | 79 142 | 9.30% |
Hollard Life Assurance (3) | 5 859 951 | 474 304 | 5 559 092 | 407 315 | 5.41% |
Guardrisk Life (3) | 5 295 918 | 428 652 | 2 626 081 | 192 413 | 101.67% |
Provisional Provident Society Insurance | 3 836 490 | 310 526 | 3 425 141 | 250 960 | 12.01% |
Absa Life | 3 395 421 | 274 825 | 3 178 727 | 232 905 | 6.82% |
AVBOB Mutual Assurance (3) | 3 132 260 | 253 525 | 2 700 073 | 197 834 | 16.01% |
Assupol Holdings (3) | 2 689 623 | 217 698 | 2 447 832 | 179 353 | 9.88% |
Nedgroup Life Assurance | 1 912 960 | 154 835 | 1 871 657 | 137 136 | 2.21% |
Clientele Life (3) | 1 648 789 | 133 453 | 1 547 600 | 113 393 | 6.54% |
Regent Life Assurance (3) | 793 786 | 64 249 | 802 781 | 58 820 | -1.12% |
Momentum Ability (3) | 750 807 | 60 770 | 2 127 336 | 155 870 | -64.71% |
Alexander Forbes Life (4) | 442 750 | 35 836 | 394 885 | 28 933 | 12.12% |
OUTsurance Life Insurance (3) | 440 375 | 35 644 | 391 521 | 28 687 | 12.48% |
Centriq Life Insurance | 321 745 | 26 042 | 255 525 | 18 722 | 25.92% |
Bidvest Life (3) | 42 717 | 3 458 | 45 515 | 3 335 | -6.15% |
Oakhurst Life Limited | 5 619 | 455 | 65 | 5 | 8544.62% |
Total | 197 519 193 | 15 987 203 | 193 526 874 | 14 179 714 | 2.06% |
Rest of the market | 312 371 807 | 25 283 374 | 292 084 126 | 21 401 004 | 6.95% |
Grand total | 509 891 000 | 41 270 578 | 485 611 000 | 35 580 718 | 5% |
(1) Rand (2) Growth rate in local currency
(3) The year ending June 30th (4) The year ending March 31st
Exchange rate as at 31/12/2017: 1 ZAR = 0.08094 USD; as at 31/12/2016: 1 ZAR = 0.07327 USD
Source: The South African Insurance Industry Survey 2018, KPMG, October 2018
Read also | South African insurance industry [4]
