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DUBLIN--(BUSINESS WIRE)--The "The Life Insurance Industry Including Reinsurance in South Africa 2021" report has been added to ResearchAndMarkets.com's offering. Life cover plays a central role in safeguarding financial security as it provides an income stream to dependents who would otherwise suffer financial loss in the event of the death, disability or serious illness of a breadwinner. In 2020, 65 primary life insurers, five life cell captives, five composite reinsurers (offering life and non-life reinsurance), two life reinsurers, and one life microinsurer were registered with the Financial Services Conduct Authority. The life insurance sector is dominated by large companies such as Sanlam, Discovery and Old Mutual. The coronavirus pandemic has put pressure on new business, lapse rates and potential future claims in the life insurance sector. It has caused extreme equity market and interest rate volatility, which affects the performance of the industry players. Gross written premiums are expected to decline as customers income is affected by unemployment. Liquidity constraints are highly likely in the event of product cancellation, an increase in surrenders, and decline in renewals and new business due to economic conditions. Given the economic environment, long-term insurers are particularly exposed to market risk as well as lapse and surrender risk. As unemployment increases, many insurance policies lapse as policyholders cash in their savings or invest elsewhere. Other underwriting risks including mortality and morbidity catastrophes. This report focuses on the life insurance industry including reinsurance, and examines the state and size of the sector, key performance indicators, corporate actions and various influencing factors. There are profiles of 45 companies including large traditional insurers such as Sanlam and Old Mutual and relatively new players such as African Rainbow Capital, which was launched in 2019. There are also profiles of reinsurers such as Swiss Re and Munich Reinsurance. Key Topics Covered: 1. INTRODUCTION 2. DESCRIPTION OF THE INDUSTRY 2.1. Industry Value Chain 2.2. Geographic Position 3. SIZE OF THE INDUSTRY 4. STATE OF THE INDUSTRY 4.1. Local 4.1.1. Corporate Actions 4.1.2. Regulations 4.1.3. Enterprise Development and Social Economic Development 4.2. Continental 4.3. International 5. INFLUENCING FACTORS 5.1. Coronavirus 5.2. Economic Environment 5.3. Investment Performance 5.4. Financial Inclusion 5.5. Environmental, Social and Governance (ESG) 5.6. Rising Input Costs 5.7. Crime 5.8. Cyber Risk 5.9. Technology, Research & Development (R&D) and Innovation 5.10. Labour 6. COMPETITION 6.1. Barriers to Entry 7. SWOT ANALYSIS 8. OUTLOOK 9. INDUSTRY ASSOCIATIONS 10. REFERENCES APPENDIX For more information about this report visit https://www.researchandmarkets.com/r/xsjfsg About ResearchAndMarkets.com ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Answer: South African Life Insurance Industry Including Reinsurance 2021: Profiles of 45 Key Players Including Sanlam, Old Mutual, African Rainbow Capital and Munich Reinsurance - ResearchAndMarkets.com