Reinsurance Industry Outlook to 2023 - 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, Everest Re, XL Catlin, Maiden Re, Fairfax, AXIS, Mitsui Sumi

Jan 2019, New York, USA(News) - Reinsurance, also known as insurance for insurers or stop-loss insurance, is the practice of insurers transferring portions of risk portfolios to other parties by some form of agreement to reduce the likelihood of paying a large obligation resulting from an insurance claim. The party that diversifies its insurance portfolio is known as the ceding party. The party that accepts a portion of the potential obligation in exchange for a share of the insurance premium is known as the reinsurer. Global economic growth slowed in 2016 as both advanced and emerging markets saw diminished growth. While both equity markets and interest rates progressed favorably toward the end of 2017, improvement can at best be gradual with the political landscape being in a flux. The leading players mainly are Munich Re, Swiss Re, Hannover Re, SCOR SE and Lloyds. Munich Re is the largest players; its premiums of global market exceed 14.16% in 2017. The next is Swiss Re and Hannover Re.
Over the next five years, LPI(LP Information) projects that Reinsurance will register a 1.8% CAGR in terms of revenue, reach US$ 275500 million by 2023, from US$ 247500 million in 2017.

Request for Sample of Global Reinsurance Market 2018 Research Report: https://www.researchreportsinc.com/sample-request?id=176528

The global market size of Reinsurance is $XX million in 2017 with XX CAGR from 2013 to 2017, and it is expected to reach $XX million by the end of 2023 with a CAGR of XX% from 2018 to 2023.

Major Market Players
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
Everest Re
XL Catlin
Maiden Re
Fairfax
AXIS
Mitsui Sumitomo
Sompo
Tokio Marine

Grab Guaranteed Discount: https://www.researchreportsinc.com/check-discount?id=176528

Geographically, the global reinsurance market has been segmented into North America, Europe, Asia, Latin America, Middle East & Africa and Oceania. The North America held the largest share in the global market, its premium of global market exceeds 43.89% in 2017. The next is Europe and Asia.

Segmentation by product type:
P&C Reinsurance
Life Reinsurance
Segmentation by application:
Direct Writing
Broker

Directly Get Corporate Report: https://researchreportsinc.com/checkout/?add-to-cart=176528&&attribute_pa_choose-license=single-user&&quantity=1

Research Objective:
To study and analyze the global Reinsurance consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Reinsurance market by identifying its various sub-segments.
Focuses on the key global Reinsurance manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Reinsurance with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Reinsurance submarkets, with respect to key regions (along with their respective key countries).

About Us:
Research Reports Inc. is one of the leading destinations for market research reports across all industries, companies, and technologies. Our repository features an exhaustive list of market research reports from thousands of publishers worldwide.

Contact Us:
David
Sales Manager,
US / Canada Toll Free: +18554192424
UK: +4403308087757
Email: sales@researchreportsinc.com

This release was published on openPR.