Press release
Global Reinsurance Market Size, Status, Growth of CAGR, Value, Statistics and Forecast 2019-2025
In 2018, the global Reinsurance market size was 254900 million US$ and it is expected to reach 318900 million US$ by the end of 2025, with a CAGR of 3.3% during 2019-2025.Get Free Sample Report @ https://reports.valuates.com/request/sample/QYRE-Auto-6171/Global_Reinsurance_Market
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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 key players covered in this study
• 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
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Market segment by Type, the product can be split into
• P&C Reinsurance
• Life Reinsurance
Market segment by Application, split into
• Direct Writing
• Broker
Market segment by Regions/Countries, this report covers
• United States
• Europe
• China
• Japan
• Southeast Asia
• India
• Central & South America
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