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Reinsurance Market Trends

  • Report ID: GMI6139
  • Published Date: Jul 2023
  • Report Format: PDF
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Reinsurance Market Trends

Reinsurers are increasingly forming strategic collaborations and partnerships with insurtech startups, technology companies, data providers, and other industry stakeholders. These collaborations enable reinsurers to access innovative technologies, expand their market reach, develop new products, and enhance their competitive advantage. Partnerships also facilitate knowledge exchange and enable reinsurers to stay ahead of industry trends.

Authors: Preeti Wadhwani

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

  • Reinsurance Market Size
  • Reinsurance Market Trends
  • Reinsurance Market Analysis
  • Reinsurance Market Share

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    Premium Report Details

    • Base Year: 2022
    • Companies covered: 15
    • Tables & Figures: 248
    • Countries covered: 19
    • Pages: 300
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