TMCnet News

Research and Markets: Global Reinsurance (Property/Casualty Reinsurance and Life/Health Reinsurance) Market 2015-2019: Decreased Risk Tolerance & Expansion of Risks Covered
[November 19, 2014]

Research and Markets: Global Reinsurance (Property/Casualty Reinsurance and Life/Health Reinsurance) Market 2015-2019: Decreased Risk Tolerance & Expansion of Risks Covered


DUBLIN --(Business Wire)--

Research and Markets (http://www.researchandmarkets.com/research/7rz47z/global) has announced the addition of the "Global Reinsurance Market 2015-2019" report to their offering.

The Global Reinsurance market to grow at a CAGR of 7.1 percent over the period 2014-2019.

Reinsurance is insurance for insurers. It is a major risk-mitigation tool for insurers. In the wake of increasing incidence of catastrophic events and decreasing risk tolerance, reinsurance has become an indispensable part of the Insurance industry. By absorbing the losses of insurers, reinsurers help in the stabilization of the Insurance industry.

One major trend emerging in this market is the expansion of risks covered. Many risks that have so far not been considered or perceived as insurable risks are being underwritten by reinsurers. The range of risks the companies worldwide are currently experiencing and expecting in he future is continuously getting broadened.



According to the report, one of the major drivers of the market is the decreasing risk tolerance of institutions and individuals, resulting in the growth of the Insurance market as well as the Reinsurance market. Intense competition makes it difficult for companies to survive even slight uncertainties or brief losses. This has resulted in the increased demand for primary insurance. Similarly, insurers, with their businesses getting more complex, do not want to take any more risk than they can bear. Any extra risk that does not come under its predetermined risk tolerance is ceded to reinsurer.

Further, the report states that one of the major challenges the market is currently facing is the entry of new players as well as expansion efforts by the existing players has resulted in an intense competition in the Global Reinsurance market. This intense competition has resulted in a high degree of pressure on reinsurers' profit margins.


Key Vendors

  • Berkshire Hathaway
  • China Reinsurance
  • Hannover Re
  • Korean Reinsurance
  • Lloyd's
  • Munich Reinsurance
  • SCOR SE
  • Swiss Re

Key Topics Covered:

  1. Executive Summary
  2. List of Abbreviations
  3. Scope of the Report
  4. Market Research Methodology
  5. Introduction
  6. Market Landscape
  7. Risk Management in Reinsurance
  8. Key Leading Countries
  9. Buying Criteria
  10. Market Growth Drivers
  11. Drivers and their Impact
  12. Market Challenges
  13. Impact of Drivers and Challenges
  14. Market Trends
  15. Trends and their Impact
  16. Vendor Landscape
  17. Key Vendor Analysis

For more information visit http://www.researchandmarkets.com/research/7rz47z/global


[ Back To TMCnet.com's Homepage ]