News Africa22 Nov 2021

South Africa:2 reinsurers command 60% of the reinsurance pie in 2020

| 22 Nov 2021

Munich Re and Hannover Re continue to dominate the local life and non-life reinsurance markets in South Africa. industries. Their combined market share accounted for 60% in 2020 (2019: 58%) measured by GWP volumes, noted international professional services firm KPMG in a recent report.

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