The South African insurance market: Trends, opportunities, and future outlook 2025

In this IIL London Market webinar, Bukhosi Khumalo talks about the South African insurance market. Accounting for 70% of premiums on the African continent, it is a landscape rich with opportunity and innovation. From discussing the quantitative and qualitative metrics that make up the market to understanding the unique challenges and opportunities faced by industry stakeholders, the speaker also explores how this vital sector protects what matters most to individuals and businesses across the country.

In this session, attendees take a journey through the dynamic South African insurance landscape, where innovation and resilience are converging to create opportunities. Discover how this vibrant market, fuelled by diversity and growth, is contributing to the future of insurance. Don’t miss this chance to redefine your understanding of South Africa’s insurance market and unlock new possibilities for growth and success.

Learning objectives

• Overview of the South African insurance market
• Opportunities and challenges in the market
• The future of the market

Speakers

• Bukhosi Khumalo (FIISA, AIRMSA), Executive Director, Olea Insurance Solutions Africa
• Chair: Thomas Haddrill ACII, Head of Placement, WTW