Global Reinsurance Market Analysis & Forecasts 2018-2022, With an Expected CAGR of 4.1% - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jul 10, 2018--The “Global Reinsurance Market 2018-2022” report has been added to ResearchAndMarkets.com’s offering.
The analysts forecast the global reinsurance market to grow at a CAGR of 4.1% during the period 2018-2022.
Reinsurance is the insurance bought by insurance companies to protect them from financial losses. It was started to manage solvency of insurance companies during times of heavy claims. It helps companies to remain solvent and maintain capital efficiency in circumstances of dealing with major claims due to natural catastrophes, terrorist attacks, and market crashes.
The report covers the present scenario and the growth prospects of the global reinsurance market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of life and non-life insurance products.
The latest trend gaining momentum in the market is the advances in technology. Essential document trails are very integral to any financial market. Emergence of blockchain technology is gaining traction as it is an invention in the data record and storage world.
One of the major drivers for this market is the complex macroeconomic conditions worldwide. The insurance market is dependent on different forces of the economy as insurance companies earn revenue by investing the premium payments in different verticals such as real estate, stocks, mortgage-backed securities, and government bonds.
The report states that one of the major factors hindering the growth of this market is the vulnerability to cybercrimes. The incidences of cybercrime include hacking of computers and in-house software as well as intrusion into the intranet portals. The reinsurance industry can be affected by the misappropriation of data on the device or the cloud and then sell the client’s confidential information to competitors.
Companies MentionedSwiss Re Munich Re Lloyd’s Hannover Rueckver sicherung Berkshire Hathaway
Key Topics Covered:
1: Executive Summary
2: Scope Of The Report
3: Research Methodology
4: Market Landscape
5: Market Sizing
6: Five Forces Analysis
7: Market Segmentation By Product
8: Customer Landscape
9: Regional Landscape
10: Decision Framework
11: Drivers And Challenges
12: Market Trends
13: Vendor Landscape
14: Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/v67m2t/global?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180710005402/en/
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INDUSTRY KEYWORD: PROFESSIONAL SERVICES INSURANCE
SOURCE: Research and Markets
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PUB: 07/10/2018 04:53 AM/DISC: 07/10/2018 04:53 AM