South Africa · Southern Africa · class G

General (Non-life) insurance companies in South Africa

63 licensed general (non-life) insurers, 45% of the 140 insurance entities supervised by the Prudential Authority (SARB) and Financial Sector Conduct Authority. Short-term property, casualty, motor, marine and other non-life covers.

CompanyClassParent / groupOwnershipRegulatorVerification
AIG South Africa LimitedGGeneral (Non-life)AIGForeign multinationalPA / FSCAVerified
Abacus Insurance LimitedGGeneral (Non-life)IndependentDomestic privatePA / FSCAVerified
Absa Insurance Company LimitedGGeneral (Non-life)Absa GroupPan-African groupPA / FSCAVerified
Allianz Global Corporate And Specialty South Africa LimitedGGeneral (Non-life)AllianzForeign multinationalPA / FSCAVerified
Aurora Insurance Company LimitedGGeneral (Non-life)IndependentDomestic privatePA / FSCAVerified
Auto And General Insurance Company LimitedGGeneral (Non-life)Telesure GroupForeign multinationalPA / FSCAVerified
Bidvest Insurance LimitedGGeneral (Non-life)Bidvest GroupDomestic privatePA / FSCAVerified
Bryte Insurance Company LimitedGGeneral (Non-life)Fairfax FinancialForeign multinationalPA / FSCAVerified
Budget Insurance Company LimitedGGeneral (Non-life)Telesure GroupForeign multinationalPA / FSCAVerified
CFAO Motors Insurance LimitedGGeneral (Non-life)CFAO / Toyota TsushoForeign multinationalPA / FSCAVerified
Centriq Insurance Company Limited
Cell captive
GGeneral (Non-life)Sanlam GroupPan-African groupPA / FSCAVerified
Chubb Insurance South Africa LimitedGGeneral (Non-life)ChubbForeign multinationalPA / FSCAVerified
Clientele General Insurance LimitedGGeneral (Non-life)Clientele LtdDomestic privatePA / FSCAVerified
Coface South Africa Insurance Company LimitedGGeneral (Non-life)CofaceForeign multinationalPA / FSCAVerified
Compass Insurance Company LimitedGGeneral (Non-life)Hannover ReForeign multinationalPA / FSCAVerified
Constantia Insurance Company Limited
Placed in liquidation 2022 - verify status
GGeneral (Non-life)IndependentDomestic privatePA / FSCAVerified
Corporate Guarantee (South Africa) LimitedGGeneral (Non-life)IndependentDomestic privatePA / FSCAVerified
Credit Guarantee Insurance Corporation Of Africa LimitedGGeneral (Non-life)IndependentDomestic privatePA / FSCAVerified
Dial Direct Insurance LimitedGGeneral (Non-life)Telesure GroupForeign multinationalPA / FSCAVerified
Discovery Insure LimitedGGeneral (Non-life)Discovery LtdDomestic privatePA / FSCAVerified
Dotsure LimitedGGeneral (Non-life)IndependentDomestic privatePA / FSCAVerified
Export Credit Insurance Corporation Of South Africa SOC LimitedGGeneral (Non-life)Government of South AfricaState-owned / parastatalPA / FSCAVerified
First For Women Insurance Company LimitedGGeneral (Non-life)Telesure GroupForeign multinationalPA / FSCAVerified
Firstrand Short Term Insurance LtdGGeneral (Non-life)FirstRandPan-African groupPA / FSCAVerified
G4S Insurance LimitedGGeneral (Non-life)G4SForeign multinationalPA / FSCAVerified
GENRIC Insurance Company LimitedGGeneral (Non-life)IndependentDomestic privatePA / FSCAVerified
Guardrisk Insurance Company Limited
Cell captive
GGeneral (Non-life)Momentum GroupPan-African groupPA / FSCAVerified
HDI Global SA LimitedGGeneral (Non-life)HDI / TalanxForeign multinationalPA / FSCAVerified
Hollard Insurance Company LimitedGGeneral (Non-life)Hollard GroupPan-African groupPA / FSCAVerified
Hollard Specialist Insurance Limited
Cell captive
GGeneral (Non-life)Hollard GroupPan-African groupPA / FSCAVerified
Home Loan Guarantee Company NPCGGeneral (Non-life)NPCMutual / cooperativePA / FSCAVerified
Indequity Specialised Insurance LimitedGGeneral (Non-life)IndequityDomestic privatePA / FSCAVerified
Infiniti Insurance LimitedGGeneral (Non-life)IndependentDomestic privatePA / FSCAVerified
Khula Credit Guarantee (SOC) LimitedGGeneral (Non-life)Government of South AfricaState-owned / parastatalPA / FSCAVerified
King Price Insurance Company LimitedGGeneral (Non-life)King PriceDomestic privatePA / FSCAVerified
Land Bank Insurance SOC LimitedGGeneral (Non-life)Land BankState-owned / parastatalPA / FSCAVerified
Legal Expenses Insurance Southern Africa LimitedGGeneral (Non-life)LegalWiseDomestic privatePA / FSCAVerified
Legal Practitioners Indemnity Insurance FundGGeneral (Non-life)Legal Practice CouncilMutual / cooperativePA / FSCAVerified
Lloyd's and Lloyd's Underwriters
Licensed under Insurance Act 2017
GGeneral (Non-life)Lloyd'sForeign multinationalPA / FSCAVerified
Lombard Insurance Company LimitedGGeneral (Non-life)IndependentDomestic privatePA / FSCAVerified
MiWay Insurance LimitedGGeneral (Non-life)Sanlam GroupPan-African groupPA / FSCAVerified
Momentum Insurance Company LimitedGGeneral (Non-life)Momentum GroupPan-African groupPA / FSCAVerified
Momentum Short-Term Insurance Company LimitedGGeneral (Non-life)Momentum GroupPan-African groupPA / FSCAVerified
Mutual & Federal Risk Financing Limited
Cell captive
GGeneral (Non-life)Old Mutual LtdPan-African groupPA / FSCAVerified
Nedgroup Insurance Company LimitedGGeneral (Non-life)Nedbank GroupDomestic privatePA / FSCAVerified
New National Assurance Company LimitedGGeneral (Non-life)IndependentDomestic privatePA / FSCAVerified
Nzalo Insurance Services LimitedGGeneral (Non-life)IndependentDomestic privatePA / FSCAVerified
OUTsurance Insurance Company LimitedGGeneral (Non-life)OUTsurance GroupPan-African groupPA / FSCAVerified
Old Mutual Insure LimitedGGeneral (Non-life)Old Mutual LtdPan-African groupPA / FSCAVerified
Professional Provident SOCiety Short-Term Insurance Company LimitedGGeneral (Non-life)PPSMutual / cooperativePA / FSCAVerified
Rand Mutual Assurance Company LimitedGGeneral (Non-life)Rand MutualMutual / cooperativePA / FSCAVerified
Renasa Insurance Company LimitedGGeneral (Non-life)IndependentDomestic privatePA / FSCAVerified
SAHL Insurance Company LimitedGGeneral (Non-life)SA Home LoansDomestic privatePA / FSCAVerified
SASRIA SOC LimitedGGeneral (Non-life)Government of South AfricaState-owned / parastatalPA / FSCAVerified
Safire Insurance Company LimitedGGeneral (Non-life)IndependentDomestic privatePA / FSCAVerified
Santam LimitedGGeneral (Non-life)Sanlam GroupPan-African groupPA / FSCAVerified
Santam Structured Insurance LimitedGGeneral (Non-life)Sanlam GroupPan-African groupPA / FSCAVerified
Standard Insurance LimitedGGeneral (Non-life)Standard Bank GroupPan-African groupPA / FSCAVerified
The Federated Employers Mutual Assurance Company (RF) (Pty) LtdGGeneral (Non-life)FEMMutual / cooperativePA / FSCAVerified
Vodacom Insurance Company LimitedGGeneral (Non-life)Vodacom GroupDomestic privatePA / FSCAVerified
Western National Insurance Company LimitedGGeneral (Non-life)PSG Konsult / SantamDomestic privatePA / FSCAVerified
Workers Life Insurance LimitedGGeneral (Non-life)Workers LifeDomestic privatePA / FSCAVerified
Yardrisk Insurance Limited
Cell captive
GGeneral (Non-life)IndependentDomestic privatePA / FSCAVerified

About general (non-life) insurers in South Africa

How many general (non-life) insurers are licensed in South Africa?

63 of the 140 licensed insurance entities in South Africa are classified as general (non-life) (45%), according to the PA / FSCA register as reflected in this directory (verified - full register).

Who regulates general (non-life) insurers in South Africa?

Prudential Authority (SARB) and Financial Sector Conduct Authority (PA / FSCA), under Twin Peaks; Insurance Act 2017; SAM solvency. Official website: https://resbank.co.za.

Are the general (non-life) insurers in South Africa locally or foreign owned?

29 of 63 belong to pan-African or foreign multinational groups (including AIG, Absa Group, Allianz, Sanlam Group), 4 are state-owned, and the rest are domestic private companies.

Data: /api/v1/countries/south-africa.json (filter byclass = "general-non-life"). Licence CC BY 4.0, attribute KAFS North America.