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.
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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 this directory lists in South Africa are classified as general (non-life) (45%). Verified against the regulator register.
Who regulates general (non-life) insurers in South Africa?
Prudential Authority (SARB) and Financial Sector Conduct Authority (PA / FSCA). Regime: Twin Peaks; Insurance Act 2017; SAM solvency. Official website: https://resbank.co.za.
Who owns the general (non-life) insurers in South Africa?
Of the 63 licensed general (non-life) insurers in South Africa, 25 are domestic private companies, 15 are members of pan-African groups (Sanlam Group, Momentum Group, Hollard Group), 14 are subsidiaries of foreign multinational groups (Telesure Group, AIG, Allianz), 5 are mutual or cooperative insurers, and 4 are state-owned or parastatal (Government of South Africa, Land Bank), as recorded in the register.
Data: /api/v1/countries/south-africa.json (filter by class = "general-non-life"). Licence CC BY 4.0, attribute KAFS North America.