Reinsurance Market to Witness Excellent Long-Term Growth Outlook By 2025
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Reinsurance,
also known as insurance for insurers or stop-loss insurance, is the
practice of insurers transferring portions of risk portfolios to
other parties by some form of agreement to reduce the likelihood of
paying a large obligation resulting from an insurance claim. The
party that diversifies its insurance portfolio is known as the ceding
party. The party that accepts a portion of the potential obligation
in exchange for a share of the insurance premium is known as the
reinsurer.
Global economic growth slowed in 2016 as both advanced and emerging markets saw diminished growth. While both equity markets and interest rates progressed favorably toward the end of 2017, improvement can at best be gradual with the political landscape being in a flux.
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In
2018, the global Reinsurance market size was 254900 million US$ and
it is expected to reach 318900 million US$ by the end of 2025, with a
CAGR of 3.3% during 2019-2025.
This report focuses on the global Reinsurance status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Reinsurance development in United States, Europe and China.
The key players covered in this study
Munich Re
Swiss Re
Hannover Re
SCOR SE
Lloyds
Berkshire Hathaway
Great-West Lifeco
RGA
China RE
Korean Re
PartnerRe
GIC Re
Mapfre
Alleghany
Everest Re
XL Catlin
Maiden Re
Fairfax
AXIS
Mitsui Sumitomo
Sompo
Tokio Marine
This report focuses on the global Reinsurance status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Reinsurance development in United States, Europe and China.
The key players covered in this study
Munich Re
Swiss Re
Hannover Re
SCOR SE
Lloyds
Berkshire Hathaway
Great-West Lifeco
RGA
China RE
Korean Re
PartnerRe
GIC Re
Mapfre
Alleghany
Everest Re
XL Catlin
Maiden Re
Fairfax
AXIS
Mitsui Sumitomo
Sompo
Tokio Marine
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Market
segment by Type, the product can be split into
P&C Reinsurance
Life Reinsurance
Market segment by Application, split into
Direct Writing
Broker
P&C Reinsurance
Life Reinsurance
Market segment by Application, split into
Direct Writing
Broker
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Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
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