In 2022, the leading insurance company in Africa in terms of revenue was Sanlam. Sanlam is a financial services group headquartered in Cape Town, South Africa. In addition to insurance, Sanlam also provides investment, financial planning, and retirement advice. The revenue of Sanlam from insurance operations amounted to around 6.6 billion U.S. dollars or 112.68 billion South African rand - a slight decrease compared to the previous year. The top three ranking is completed by Old Mutual and Liberty Group, both based in South Africa.
Leading insurance companies in Africa in 2020 and 2022, by turnover
(in million U.S. dollars)
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Atlas Magazine. (February 22, 2024). Leading insurance companies in Africa in 2020 and 2022, by turnover (in million U.S. dollars) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1376878/leading-insurance-companies-by-revenue-africa/
Atlas Magazine. "Leading insurance companies in Africa in 2020 and 2022, by turnover (in million U.S. dollars)." Chart. February 22, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1376878/leading-insurance-companies-by-revenue-africa/
Atlas Magazine. (2024). Leading insurance companies in Africa in 2020 and 2022, by turnover (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1376878/leading-insurance-companies-by-revenue-africa/
Atlas Magazine. "Leading Insurance Companies in Africa in 2020 and 2022, by Turnover (in Million U.S. Dollars)." Statista, Statista Inc., 22 Feb 2024, https://www.statista.com/statistics/1376878/leading-insurance-companies-by-revenue-africa/
Atlas Magazine, Leading insurance companies in Africa in 2020 and 2022, by turnover (in million U.S. dollars) Statista, https://www.statista.com/statistics/1376878/leading-insurance-companies-by-revenue-africa/ (last visited November 22, 2024)
Leading insurance companies in Africa in 2020 and 2022, by turnover (in million U.S. dollars) [Graph], Atlas Magazine, February 22, 2024. [Online]. Available: https://www.statista.com/statistics/1376878/leading-insurance-companies-by-revenue-africa/
