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Global Reinsurance Market is Projected to Reach 318.75 billion USD by 2025

Author: QYResearch  |   Published Date: 2018-06-07   |   Views: 140



The reinsurance industry achieved a strong underwriting performance in 2017, the global reinsurance premiums has grown at a CAGR of 1.7% from 227.05 billion USD in 2013 to reach 247.51 billion USD by 2017 in global market. The reinsurance market is very concentrated market; the premiums of top twenty-two players account about 90% of the total premiums in 2017.


Geographically, the global reinsurance market has been segmented into North America, Europe, Asia, Latin America, Middle East & Africa and Oceania. The North America held the largest share in the global market, its premium of global market exceeds 43.89% in 2017. The next is Europe and Asia.


The leading players mainly are Munich Re, Swiss Re, Hannover Re, SCOR SE and Lloyd’s. Munich Re is the largest players; its premiums of global market exceed 14.16% in 2017. The next is Swiss Re and Hannover Re.


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https://www.qyresearch.com/index/detail/265853/global-reinsurance-market


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