Reinsurance Services market

Reinsurance Services Market, Global Outlook and Forecast 2022-2028

  • 12 July 2022
  • ICT & Media
  • 110 Pages
  • Report code : PMR-7202465

  • 4.7 (158)

Reinsurance Services Market

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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.

Reinsurance Services Market contains market size and forecasts of Reinsurance Services in Global, including the following market information:

Global Reinsurance Services Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Reinsurance Services market was valued at 253230 million in 2021 and is projected to reach US$ 313780 million by 2028, at a CAGR of 3.1% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

P&C Reinsurance Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Reinsurance Services include Munich Re, Swiss Re, Hannover Re, SCOR SE, Lloyd?s, Berkshire Hathaway, Great-West Lifeco, RGA and China RE, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Reinsurance Services companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Reinsurance Services Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Reinsurance Services Market Segment Percentages, by Type, 2021 (%)

P&C Reinsurance

Life Reinsurance

Global Reinsurance Services Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Reinsurance Services Market Segment Percentages, by Application, 2021 (%)

Direct Writing

Broker

Global Reinsurance Services Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Reinsurance Services Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Reinsurance Services revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies Reinsurance Services revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

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

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