How will South Africa’s risk profile change in 2014?
21 January 2014
If one had to look at the insurance sector, both in the life sector and in the non-life sector, the South African sector was largely dominated by many themes during 2013 which affected the performance of each sector accordingly. There is a possibility of this carrying over into 2014; however, a big factor to consider this year is that it is an election year. Although the African National Congress is expected to win the election, dissent towards the ruling party’s regime has been shown and it will be interesting to see exactly how much power they are able to exert.