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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.
Market Analysis and Insights: Global Reinsurance Services Market
The global Reinsurance Services market size is projected to reach US$ 254900 million by 2026, from US$ 246100 million in 2020, at a CAGR of 3.3%% during 2021-2026.
Global Reinsurance Services Scope and Market Size
Reinsurance Services market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Reinsurance Services market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
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
P&C Reinsurance
Life Reinsurance
Direct Writing
Broker
North America
Europe
China
Japan
Southeast Asia
India
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.
Market Analysis and Insights: Global Reinsurance Services Market
The global Reinsurance Services market size is projected to reach US$ 254900 million by 2026, from US$ 246100 million in 2020, at a CAGR of 3.3%% during 2021-2026.
Global Reinsurance Services Scope and Market Size
Reinsurance Services market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Reinsurance Services market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
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
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
North America
Europe
China
Japan
Southeast Asia
India
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
