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Reinsurance Market Share
- Report ID: GMI6139
- Published Date: Jul 2023
- Report Format: PDF
Reinsurance Market Share
Major companies operating in the reinsurance market include:
- AXA XL
- Berkshire Hathaway Inc
- China Reinsurance (Group) Corporation
- Everest Re Group Ltd
- Hannover Re
- Lloyd’s
- MAPFRE
- Markel Corporation,
- Munich RE
- Swiss Re
- The Canada Life Assurance Company
- SCOR.
These companies majorly focus on expanding their presence in unserved areas and increase their market share.
Frequently Asked Questions (FAQ) :
The market size for reinsurance was valued over USD 310 billion in 2022 and will grow at a CAGR of 3.9% between 2023 and 2032 owing to the factors like population growth, urbanization, and changing age profiles.
The treaty reinsurance industry segment was valued at over USD 180 billion in 2022, driven by the increasing size and complexity of insurance portfolios.
Asia Pacific reinsurance market accounted for over 23% revenue share in 2022, fueled by the economic expansion, increasing insurance penetration, and rising awareness of risk management across nations in the region.
AXA XL, Berkshire Hathaway Inc., China Reinsurance (Group) Corporation, Everest Re Group, Ltd., Hannover Re, Lloyd’s, MAPFRE, Markel Corporation, Munich RE, Swiss Re, The Canada Life Assurance Company, and SCOR.
Reinsurance Market Scope
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