MUMBAI, India, June 21, 2013 /PRNewswire/ --
Bharat Book Bureau presents Global Reinsurance Industry 2013-2018: Trend, Profit, and Forecast Analysis - (http://www.bharatbook.com/market-research-reports/insurance-market-research-report/global-reinsurance-industry-2013-2018-trend-profit-and-forecast-analysis.html)
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In the global reinsurance industry, life reinsurance witnessed the highest premium growth during the last five years due to increasing life insurance premium growth that supported the growth of life reinsurers and rising demand for longevity risk transfers. Demand for reinsurance solution is increasing as a means to manage the capital strain put on primary life and health insurers, resulting in growth of the industry. The strong presence of European and US insurers in emerging nations is expected to drive the reinsurance industry. The gross premium of the global market is expected to reach an estimated US $304.4 billion in 2018 over the next five years (2013-2018).
The reinsurance industry comprises establishments whose business is to assume all or part of the risk associated with existing insurance policies originally underwritten by other insurance carriers. Enterprises engaged in this business collect fees, reinsurance premiums, or annuity considerations and invest premiums to build up a portfolio of financial assets to be used against future claims. The premium growth remained strong across Asian markets due to sustained growth in primary insurance supporting reinsurance growth and the increasing need for greater risk awareness.
Highlights of the report:
• Industry size estimates in terms of (US $) value by regions and by segment
• Global reinsurance industry analysis annual trend (2007-2012) and forecast (2013-2018)
• Porter's Five Force analysis
• New product launch and merger and acquisition activity in global reinsurance industry analysis
• Quarterly demand trend and forecast analysis for global reinsurance industry analysis
• Gross and net profit trends in the global reinsurance industry analysis
• Cost structure trend in the global as well as regional reinsurance analysis
• More than 51 valuable figures/charts and 12 tables are provided in this report
Report Provides:
Table of Contents:
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