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The reinsurance market is forecasted to grow by USD 553.8 billion during 2023-2028, accelerating at a CAGR of 13.54% during the forecast period. The report on the reinsurance market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing awareness of insurance products in emerging markets, increase in demand for various insurance plans., and increasing geriatric population.
The reinsurance market is segmented as below:
By Product
- Non-life reinsurance
- Life reinsurance
By Type
- Facultative reinsurance
- Treaty reinsurance
By Geography
- Europe
- APAC
- North America
- Middle East and Africa
- South America
The report on the reinsurance market covers the following areas:
- Reinsurance market sizing
- Reinsurance market forecast
- Reinsurance market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global reinsurance market: Allianz SE, American International Group Inc., AXA Group, Barents Re Reinsurance Co. Inc., Berkshire Hathaway Inc., BMS Group Ltd., Everest Re Group Ltd., Fairfax Financial Holdings Ltd., Great West Lifeco Inc., Hannover Re, Korean Reinsurance Co., MS and AD Insurance Group Holdings Inc., Munich Reinsurance Co., PartnerRe Ltd., QBE Insurance Group Ltd., Reinsurance Group of America Inc., RenaissanceRe Holdings Ltd., SCOR SE, Swiss Re Ltd., and The Toa Reinsurance Co. Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is fluctuating interest rates of reinsurance premium."
According to the report, one of the major drivers for this market is the increasing awareness of insurance products in emerging markets.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Allianz SE
- American International Group Inc.
- AXA Group
- Barents Re Reinsurance Co. Inc.
- Berkshire Hathaway Inc.
- BMS Group Ltd.
- Everest Re Group Ltd.
- Fairfax Financial Holdings Ltd.
- Great West Lifeco Inc.
- Hannover Re
- Korean Reinsurance Co.
- MS and AD Insurance Group Holdings Inc.
- Munich Reinsurance Co.
- PartnerRe Ltd.
- QBE Insurance Group Ltd.
- Reinsurance Group of America Inc.
- RenaissanceRe Holdings Ltd.
- SCOR SE
- Swiss Re Ltd.
- The Toa Reinsurance Co. Ltd.
