The main growth driver for personal accident and health insurance during 2008 to 2012 was the launch of HIV or AIDS insurance by both health and life insurers, which was purchased by a large number of the country's formerly uninsured population. The personal accident and health insurance segment grew at a CAGR of 10.7% during 2008 to 2012. This robust growth was supported by the country's increasing per capita income levels, GDP growth, favorable insurance reforms, and financial and healthcare service expansions.
Find more at : Personal Accident and Health Insurance in South Africa
Find more at : Personal Accident and Health Insurance in South Africa
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