Where is industry growth expected to come from?
With nearly 80% of all direct premiums in Africa, the South African insurance industry is a regional giant. Having weathered the economic slowdown, the sector is facing new challenges, including shifting market dynamics and an evolving regulatory framework that will likely alter the day-to-day operations of licensed insurers.
Rated as the best-regulated exchange in the world by the World Economic Forum’s “Global Competitiveness Report 2010-11”, the Johannesburg Stock Exchange (JSE) occupies a prominent position in South Africa’s economic landscape. Holding its place as Africa’s largest bourse, the JSE continues to invest in upgrading its technological platform, which...
THE COMPANY: Sappi is a paper and packaging company, with headquarters in South Africa and listings on the Johannesburg Stock Exchange (JSE) and New York Stock Exchange (NYSE). It has operations in: (i) Southern Africa (29% of group operating profit for fiscal year 2011 to end-September 2011 and with pulp...
THE COMPANY: At nearly 100 years old, Sanlam Group Limited is one of the oldest and largest non-banking financial institutions in South Africa. Founded as a mutual assurance company in 1918, Sanlam today manages 16% (second only to Old Mutual at 27%) of the life insurance industry total assets and writes...
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