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Mumbai,
17th
November, 2006:
The latest offering on the insurance industry in South
Africa by Bharat Book Bureau titled “South
Africa Insurance Industry Analysis (2006-2009)” provides information on the growing insurance
industry, the services etc. The report helps to analyze the
opportunities critical to the success of the insurance
industry. Detailed data and analysis helps investors,
financial service providers, and global banking players to
navigate through the evolving insurance market in
South Africa.
The report mentions some of the key findings like
the major opportunities in the agricultural as well as motor
insurance. The total insurance market including life and
non-life is expected to cross over $ 42 Billion in the year
2010 with a growth rate of more than 6.4 % from the current
year.
It is also mentioned that the agricultural sector
has tremendous potential, investment wise as it contributes
to 4% of the GDP. The main reason is increase in the number
of crime rates, thefts as well as high death rates.
Some of the key facts and issues that have been
evaluated are the demographic factors like death and
birthrate that affect the insurance market, prospective
areas of investments in the future, the factors that will
lead to the growth of life as well as non-life insurance,
the marketing strategies of the players in the industry.
The report provides latest news and developments
in the insurance industry and information about the major
players like Old Mutual Plc, Sanlam Limited, Liberty Group
Limited, Investec Limited etc
in
life insurance and Santam Limited,
Mutual & Federal Insurance Company Limited, Hollard
Insurance Co Limited, South African Eagle Insurance Co.
Limited etc in non-life insurance.
For more
information visit :
http://www.bharatbook.com/bookdetail.asp?bookid=25373&publisher= |