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2023 Africa Insurance Outlook

Balancing uncertainty with optimism

The Africa Insurance Outlook is an annual report that provides insights and analysis on the latest trends and developments in the African insurance industry.

This year's edition focuses on regulatory and reporting changes as well as opportunities for growth in the insurance industry.

Key topics covered include:

  • An overview of the 2022 financial results of the largest insurance groups in South Africa, as well as updates on the Kenyan and Ghanaian industries
  • The implementation of South Africa’s risk-based capital (RBC) regime, solvency assessment and management (SAM)
  • The impact of IFRS 17
  • Implications of South Africa’s first Green Finance Taxonomy
  • Growth opportunities through embedded insurance

The Africa Insurance Outlook 2023 offers valuable insights and perspectives from Deloitte's experts and industry leaders on how to navigate the changing landscape and seize the opportunities for growth and innovation.

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