ARTICLE · 02 AUGUST 2010

Strategic and Emerging Issues in South African Insurance - 2010

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Welcome to our fourth biannual PricewaterhouseCoopers Strategic and Emerging Issues in South African Insurance survey.

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Foreword

Welcome to our fourth biannual PricewaterhouseCoopers Strategic and Emerging Issues in South African Insurance survey. This edition builds on our previous surveys, and our industry specialist group has ensured that the contents provide a comprehensive overview of the issues and challenges facing the industry today.

The South African insurance industry accounts for 71% of Africa's total premiums and has the third-highest insurance penetration, in the world (15.3%).

Since our last survey, the insurance industry has quickly recovered after experiencing difficulties precipitated by the financial crisis. The quick recovery demonstrates the resilience of the insurance industry in this country.

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