Reinsurers' revenue is expected to have crept upwards at a compound annual rate of 2.4% to £20.2 billion over the past five years; this includes a forecast rise of 3.8% in 2022-23 when the average profit margin will likely reach 3.9%. Following two years of COVID-19-related payouts, life and health claims are normalising.Lower risk: Life and health claims are normalising following years of COVID-19-related payouts, aiding revenue growth
Companies in this industry specialise in assuming all or part of the risk associated with insurance policies underwritten by insurance companies. In other words, the primary business of participants in the industry is insuring insurance companies by taking on some of the risks they have assumed through underwriting activities.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
About this Industry- Industry Definition
- Main Activities
- Similar Industries
- Additional Resources
Industry Performance
- Executive Summary
- Key External Drivers
- Current Performance
- Industry Outlook
- Industry Life Cycle
- Supply Chain
- Products & Services
- Major Markets
- Globalisation & Trade
- Business Locations
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Barriers to Entry
Operating Conditions
- Capital Intensity
- Industry Data
- Annual Change
- Key Ratios
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Lloyd's of London
- Munich Re
- Hannover Ruck SE
- Swiss Reinsurance Company Ltd
Methodology
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