DUBLIN–(BUSINESS WIRE)–The “South African Lengthy-Time period Insurance coverage Trade Panorama Report 2022” report has been added to ResearchAndMarkets.com’s providing.
The worldwide Lengthy-Time period (Life) Insurance coverage market was hit arduous in 2020, declining by 4.4% by way of worth, with superior international markets bearing the brunt of this decline. Nonetheless, positively, the market was anticipated to rebound strongly in each 2021 and 2022, with predicted development charges of three.8% and 4.0%, respectively.
This restoration is predicted to be fuelled by the InsurTech sector, the expansion of which has been accelerated by the COVID-19 pandemic, and the ensuing want for innovation to cater to quickly shifting shopper expectations.
Throughout the South African context, well-established, conventional Lengthy-Time period (Life) Insurance coverage gamers are more and more collaborating and partnering with InsurTech corporations, as a way to supply personalised and progressive merchandise to recapture shopper curiosity.
These collaborations have additionally allowed insurers to change into extra responsive and clear of their transactions with prospects, by the creation of tailor-made, versatile insurance coverage choices.
The South African Lengthy-Time period Insurance coverage Trade Panorama Report 2022, gives a dynamic synthesis of business analysis and thoroughly uncovers the worldwide and South African Lengthy-Time period Insurance coverage market, primarily based on the newest intelligence and analysis.
This Trade Panorama Report gives a holistic perspective of the Lengthy-Time period Insurance coverage market, together with the influence of the worldwide COVID-19 pandemic, in addition to the potential future influence it can proceed to have available on the market.
Specifically, it gives detailed insights into the present market dynamics and stakeholder positioning – from competitor evaluation to a product evaluation.
Moreover, the report gives an summary and insights into the newest international and South African market tendencies, innovation and expertise, drivers and challenges, to current an goal perception into the South African Lengthy-Time period Insurance coverage market surroundings and its future.
Key Questions This Report Solutions
The South African Lengthy-Time period Insurance coverage Trade Panorama Report 2022 gives a holistic overview of the worldwide and South African market and can assist reply the next questions:
For the World Lengthy-Time period Insurance coverage Trade Part
- What are the present market dynamics (overview, market surroundings, influence of COVID-19 and key regional markets) of the World Lengthy-Time period Insurance coverage business?
- That are the important thing international InsurTech corporations?
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What are the World Lengthy-Time period Insurance coverage business tendencies, innovation and expertise, drivers, and challenges?
For the South African Lengthy-Time period Insurance coverage Trade Part
- What are the present market dynamics (market dimension, market surroundings, and market dynamics) of the South African Lengthy-Time period Insurance coverage business?
- That are the important thing South African InsurTech corporations?
- What influence has the COVID-19 pandemic had on the South African Lengthy-Time period Insurance coverage Trade?
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What are the South African Lengthy-Time period Insurance coverage business tendencies, innovation and expertise, drivers and challenges?
For the South African Lengthy-Time period Insurance coverage Competitor Evaluation Part
- That are the important thing market gamers (monetary establishments, insurance coverage corporations, and non-insurance corporations) within the South African Lengthy-Time period Insurance coverage business?
- What’s the newest firm information by way of Lengthy-Time period insurance coverage merchandise, providers, new launches, and advertising initiatives?
- What’s the model positioning, advertising, and promoting overview for every key participant?
- What Lengthy-Time period Insurance coverage merchandise are provided by every key participant?
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What’s the social media following for every key market gamers?
Who Is This Report for?
This report is for individuals who already are actively engaged on this market, representatives of producers, distributors, importers, exporters, wholesalers, retailers, suppliers:
- Trade C Degree Executives
- Administrators
- Trade Strategists
- Advertising and marketing Professionals
- Market Analysis and Intelligence Managers
- Enterprise Improvement Professionals
- Product Builders
- Product Entrepreneurs and Strategists
- Product Managers
- Mission Managers
- Suppliers
- Merchants
Classes/Merchandise Protection
This report covers the next classes:
The Lengthy-Time period Insurance coverage market is segmented into Major-, Reinsurers-, and Cell Captive Insurers. This report consists of Lengthy-Time period Insurance coverage merchandise, together with Unintended Demise, Essential/ Extreme Sickness Cowl, Incapacity Cowl, Schooling Cowl, Expense/Debt Protector Cowl (e.g. debt, bills, loans), Funeral Cowl, Impairment Cowl, Revenue Protector, Life Insurance coverage, Terminal Sickness Profit, and Retirement Annuity.
Corporations Talked about
- Absa Life Restricted
- Capitec Financial institution
- First Nationwide Financial institution (FNB) Life
- Nedgroup Life
- Customary Insurance coverage Restricted
- 10X Investments
- 1Life
- African Rainbow Life and Safrican
- Assupol Life Ltd
- AVBOB
- Clientele Restricted Group
- Discovery Life
- Hollard Life Assurance
- Simply SA
- Liberty
- Momentum Metropolitan Holdings Restricted (MMH)
- Previous Mutual
- OUTsurance
- Skilled Provident Society (PPS)
- Sanlam
- Woolworths
- Makro
- Miladys
- Mr Value Cash
- Telkom
- The Foschini Group (TFG)
- Ackermans
- Jet
- Pep
- Decide n Pay
- Truworths
- Checkers
- Shoprite
- Clicks
- MTN
- Vodacom
For extra details about this report go to https://www.researchandmarkets.com/r/6pm3sg