Tuesday, 1 October 2019

2019 Reinsurance Market | Insight, Outlook, Industry Analysis and Future Forecast till 2028

Reinsurance Market research report covers market share, size, sales, revenue, CAGR, industry analysis, market strategy, statistical analysis, key players, information on products and application, countries, forecast to 2028. This report introduces market competition situation among the vendors and company profile, latest developments and business strategies.
Reinsurance is an arrangement under which the reinsurer company (reinsurer) agrees to protect the insurance company (also known as ceding company) from calamities written under the agreement. Reinsurance is designed to enhance the ceding company's surplus position and financial strength, and reduce the net amount at risk on specific risks. Reinsurance allows the ceding company to maximize the risk it can underwrite on a single risk and expand the volume of business it can underwrite. The reinsurance includes group and individual critical illness, disability and life & health, and property & casualty (P&C) reinsurance. In terms of end-user, the non-life/property & casualty reinsurance segment accounted for highest market share in 2017 and is estimated to hold the position over the forecast period. To protect their investments, oil and gas, mining, agriculture, and transportation are some of the leading sectors opting for property & casualty reinsurance services.The global reinsurance market is currently driven by a favorable regulatory environment.
Leading players of Reinsurance Market: Munich Re
Swiss Re
Hannover Re
SCOR SE
Lloyd's
Berkshire Hathaway
Great-West Lifeco
RGA
China RE
Korean Re
PartnerRe
GIC Re
Mapfre
Alleghany and more
Market by Type: P&C Reinsurance
Life Reinsurance
Market by Application: Direct Writing
Broker
Market segment by Region/Country including: North America (United States, Canada and Mexico), Europe (Germany, UK, France, Italy, Russia and Spain etc.), Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.), South America Brazil, Argentina, Colombia and Chile etc.), Middle East & Africa (South Africa, Egypt, Nigeria and Saudi Arabia etc.)
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