Industry Analysis & Industry Trends
The Global Reinsurance Carriers industry provides support to direct insurance markets all over the world. In essence, reinsurers provide insurance for policies the insurance industries have written, but are subsequently unwilling or unable to accept. A primary insurer purchases reinsurance to limit its exposure, usually to one specific type of risk, thereby diversifying its book of risk. The global reinsurance market then spreads these risks across more companies and countries, thereby maximizing the spread of risk and protection against unforeseen losses. This improves the capital efficiency of the overall insurance market so that less capital is required to back any unit of risk... read more
Industry Locations
The geographical distribution of premium income for the Global Reinsurance industry reflects the distribution of premium revenue in the primary markets, the industry's historical roots, the degree of deregulation and the development in financial and capital markets.
Two regions dominate the global reinsurance industry: Europe and North America. These two regions account for around 65% of global reinsurance premiums. Although, the regional shares are starting to even out as developing nations advance and as the industry becomes more globalized... read more