Long-Term Insurance

Made for you: Tailored Solutions driving growth of SA’s Long-Term Insurance industry

Stronger-than-expected global economic growth, combined with high interest rates, has led to a 1.3% increase in the value of the Long-Term Insurance market in South Africa. These conditions have created a favourable operating environment in 2024, with expectations of continued growth into 2025. Insurers, both global and local, are capitalising on this momentum by introducing […]

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How are mobile platforms and the metaverse driving SA’s Long-Term Insurance industry growth?

Following the significant increase in premium volumes of 9.1% in 2021, due to a strong recovery from the COVID-19 pandemic, the global Long-Term (Life) Insurance industry contracted by 3.1% in 2022, based on the erosion of consumer savings and nominal premium growth during the year. However, positively, the industry is set to return to growth

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How is tech-enabled simplification driving SA’s Long-Term Insurance industry growth?

Insight Survey’s latest South African Long-Term Insurance Industry Landscape Report 2023 carefully uncovers the global and local Long-Term Insurance market, based on the latest information and research. It describes the key global and local market trends, innovation and technology, drivers, and challenges, to present an objective insight into the South African Long-Term Insurance industry and its future. In

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Is InsurTech personalising SA’s Long-Term Insurance industry?

The global Long-Term (Life) Insurance market was hit hard in 2020, declining by 4.4% in terms of value, with advanced global markets bearing the brunt of this decline. However, positively, the market was expected to rebound strongly in both 2021 and 2022, with predicted growth rates of 3.8% and 4.0%, respectively. This recovery is expected

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