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Make sure you and your family are covered for life's unpredictable events

SPONSORED | Insights from Discovery Life's recent claims data reveals the importance of having relevant and comprehensive life cover ....

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South Africa Life Insurance Industry Report 2022: Shift to Digital Systems, Especially in Distribution and Claims Management

/PRNewswire/ The "The Life Insurance Industry in South Africa 2022" report has been added to ResearchAndMarkets.com s offering. This report on the life. ....

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If 65 is the new 51, how are you tracking for a longer retirement?

SPONSORED | Can you afford to retire at 65? Age is not what it used to be and nor is the traditional idea of retirement ....

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Discovery reveals shock death stats in South Africa

Discovery reveals shock death stats in South Africa
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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

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 lik ....

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