Licensed list · Africa · Southern Africa · ZA

Licensed insurance companies in South Africa (2026)

VerifiedVerified against the PA / FSCA register, checked 2 Sept 2026.

The 140 insurance companies licensed in South Africa in 2026, as recorded by the Prudential Authority (SARB) and Financial Sector Conduct Authority (PA / FSCA), with the class of business and ownership each one is registered under.

Snapshot

By class of business

Each company is counted once, under the class its register row records. The supervisor’s own tally counts licences, so a company licensed for more than one class appears more than once there.

By ownership

  • Domestic private67 48%
  • Pan-African group35 25%
  • Foreign multinational24 17%
  • Mutual / cooperative7 5%
  • State-owned / parastatal6 4%
  • Regional / multilateral1 1%

“Cross-border groups” counts foreign multinationals and pan-regional groups; “domestically owned” counts domestic private, state-owned, mutual and captive entities. The register records the parent’s type, not its home market. How ownership is recorded

Licensed insurers in South Africa

Showing 25 of 140 entities. The full, filterable table is on the country page; every row is in the JSON below.

InsurerClassOwnershipGroupVerification
AIG Life South Africa LimitedLLifeForeign multinationalAIGVerified
AIG South Africa LimitedGGeneral (Non-life)Foreign multinationalAIGVerified
Allianz Global Corporate And Specialty South Africa LimitedGGeneral (Non-life)Foreign multinationalAllianzVerified
Assupol Life LimitedLLifePan-African groupSanlam GroupVerified
Brightrock Life LimitedLLifePan-African groupSanlam GroupVerified
Centriq Insurance Company LimitedGGeneral (Non-life)Pan-African groupSanlam GroupVerified
Centriq Life Insurance Company LimitedLLifePan-African groupSanlam GroupVerified
Chubb Insurance South Africa LimitedGGeneral (Non-life)Foreign multinationalChubbVerified
General Reinsurance Africa LimitedRReinsurerForeign multinationalBerkshire HathawayVerified
MiWay Insurance LimitedGGeneral (Non-life)Pan-African groupSanlam GroupVerified
Munich Reinsurance Company Of Africa LimitedRReinsurerForeign multinationalMunich ReVerified
Mutual & Federal Risk Financing LimitedGGeneral (Non-life)Pan-African groupOld Mutual LtdVerified
Old Mutual Alternative Risk Transfer LimitedLLifePan-African groupOld Mutual LtdVerified
Old Mutual Insure LimitedGGeneral (Non-life)Pan-African groupOld Mutual LtdVerified
Old Mutual Life Assurance Company (South Africa) LimitedLLifePan-African groupOld Mutual LtdVerified
RGA Reinsurance Company Of South Africa LimitedRReinsurerForeign multinationalRGAVerified
Safrican Insurance Company LimitedLLifePan-African groupSanlam GroupVerified
Sanlam Developing Markets LimitedLLifePan-African groupSanlam GroupVerified
Sanlam Life Insurance LimitedLLifePan-African groupSanlam GroupVerified
Santam LimitedGGeneral (Non-life)Pan-African groupSanlam GroupVerified
Santam Structured Insurance LimitedGGeneral (Non-life)Pan-African groupSanlam GroupVerified
Santam Structured Life LimitedLLifePan-African groupSanlam GroupVerified
Scor Africa LimitedRReinsurerForeign multinationalSCORVerified
Swiss Re Africa LimitedRReinsurerForeign multinationalSwiss ReVerified
Bryte Insurance Company LimitedGGeneral (Non-life)Foreign multinationalFairfax FinancialVerified

Full table for South Africa ↗

Regulatory intelligence: South Africa

Read from the register, not written for this page: the supervisor’s regime, the source the list was checked against, and the market notes recorded alongside it.

Regime
Twin Peaks; Insurance Act 2017; SAM solvency
Register source
Prudential Authority licence-conversion register (Appendix A Life, Appendix B Non-life), Insurance Act 2017; post-2020 changes annotated
Verification
Verified against the regulator register · PA licence-conversion Appendix A/B

Recorded market events

  • Assupol acquired by Sanlam (2024); 1Life acquired by Clientele (2024); Constantia group in liquidation (2022); 3Sixty Life under curatorship

    Effect on directory: Annotated in Notes

Governing legislation

  • Financial Sector Regulation Act 9 of 2017 · Establishes both authorities

    Section 32 establishes the PA within SARB; sections 41–42 provide its Prudential Committee. Section 56 establishes the FSCA and section 60 its Executive Committee. Sections 33 and 57 set their respective objectives. Linked text is the original 2017 Gazette, not a certified current consolidation.

  • Insurance Act 18 of 2017 · Prudential insurance & microinsurance framework

    Provides the prudential framework for insurance and introduces a microinsurance regime. Commenced on 1 July 2018, subject to specified exceptions. The government page records the 2021 amending Act; establishing the regulators is a separate function of the Financial Sector Regulation Act.

Verification log

Draft of 67 replaced by 140 licensed entities incl. all cell captives, captives, reinsurers and Lloyd's; Constantia/3Sixty status annotated

For B2B teams and AI agents

The same rows as static JSON, no key, CORS open, CC BY 4.0. Paged files stay under 96 KB so an agent’s fetch tool never truncates them.

curl -s https://insurers.global/api/v1/countries/south-africa.json
curl -s https://insurers.global/api/v1/countries/south-africa/insurers/pages/1.json