TMCnet News
Research and Markets: Reinsurance in Australia, Key Trends and Opportunities to 2018DUBLIN --(Business Wire)-- Research and Markets (http://www.researchandmarkets.com/research/xlwtck/reinsurance_in) has announced the addition of the "Reinsurance in Australia, Key Trends and Opportunities to 2018" report to their offering. Australia is prone to natural disasters such as floods, cyclones, earthquakes, bushfires and storms. With such an increase in catastrophic events, Australia recorded an increased reinsurance rates ranging from 50-75% during 2011 and 2012. There were eight natural disasters in 2010, of which five were floods, a tropical cyclone and two major storms. The Queensland flood was the worst of these, which occurred in December 2010. The total reinsurance accepted recorded a review-period compound annual growth rate (CAGR) of 3.7%. The reinsurance ceded by the insurers grew at a review-period CAGR of 2.4%. Nonlife insurance is the largest category, ceding 30.5% in 2013, followed by life insurance with 8.1% and personal accident and healthcare insurance with the remaining 4.0%. Key Highlights
Key Topics Covered: 1 Executive Summary 2 Introduction 3 Australian Insurance Industry Attractiveness 4 Reinsurance Growth Dynamics and Challenges 5 Key Industry Trends and Drivers 6 Competitive Landscape and Strategic Insights 7 Business Environment and Country Risk 8 Appendix Companies Mentioned
For more information visit http://www.researchandmarkets.com/research/xlwtck/reinsurance_in
|