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Research and Markets: Reinsurance in Canada - Key Trends and Opportunities to 2018Research and Markets (http://www.researchandmarkets.com/research/7xbg6h/reinsurance_in) has announced the addition of the "Reinsurance in Canada, Key Trends and Opportunities to 2018" report to their offering. The Canadian reinsurance segment went through a difficult period in 2013, with increased losses as a result of frequent natural catastrophes. In terms of premium accepted, the segment grew from CAD21.1 billion (US$18.4 billion) in 2009 to CAD27.2 billion (US$26.4 billion) in 2013, at a review-period (2009-2013) compound annual growth rate (CAGR) of 6.6%. The premium ceded to reinsurance grew consistently during the review period, with the impact of severe natural disasters increasing reinsurance renewal rates. Consequently, thetotal premium ceded by insurers grew in 2013. The personal accident and health segment ceded the largest share, with 40.7% of the total premium in 2013, followed by life insurers with 27.5% and non-life insurers with 19.3%. The Canadian reinsurance segment is highly competitive, with both domestic and foreign reinsurers such as Munich Re, Swiss Re, RGA Re, Hannover Re, General Re and Scor Re. The segment is dominated by three companies, Munich Re, Swiss Re (Life Branch) and the RGA Life Reinsurance Company of Canada, which together accounted for 88.4% of the segment's gross written premium in 2013. Munich Re was the largest reinsurer in Canada in 2013, with a 74.8% share. Key Topics Covered: 1 Key Facts and Events 2 Executive Summary 3 Introduction 4 Canadian Insurance Industry Attractiveness 5 Reinsurance Growth Dynamics and Challenges 6 Key Industry Drivers 7 Competitive Landscape and Strategic Insights 8 Appendix Companies Mentioned
For more information visit http://www.researchandmarkets.com/research/7xbg6h/reinsurance_in
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