Our April 2026 insurance update for South Africa highlights recent developments in the industry.

Highlights

• What the sharp decline in long term government bond yields mean in practice, including how the ultimate forward rate, last liquid point and extrapolation choices stand up under real-life stress testing.
• Operational risk lessons from autonomous local AI agents and pragmatic guardrails for deployment.
• The renewed global appetite for long-term care risk and what it implies for South African product strategy.
• The continent’s shifting insurance mergers-and-acquisitions landscape as capital reforms accelerate consolidation.
• Africa’s pathway into parametric solutions and insurance linked securities, and
• whether fractionalised, on-demand cover can work in South Africa.
• Why the most effective own-risk-and-solvency assessments (ORSA) "barely exist."
• An invitation to participate in our life valuation modelling survey scheduled for later this year.