Reinsurance Services Market is expected to reach 318900 million US$ by the end of 2025
Published on: 29 August 2019 E-mail help@24marketreports.com
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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
Reinsurance Services Market Overview
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. • Global economic growth slowed in 2016 as both advanced and emerging markets saw diminished growth. While both equity markets and interest rates progressed favorably toward the end of 2017, improvement can at best be gradual with the political landscape being in a flux. • In 2018, the global Reinsurance Services market size was 254900 million US$ and it is expected to reach 318900 million US$ by the end of 2025, with a CAGR of 3.3% during 2019-2025.
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Reinsurance Services Market
By Region
United State
Europe
China Japan India
Southeast Asia
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Reinsurance Services Market
Direct Writing Broker
By Application
P&C Reinsurance Life Reinsurance
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Key manufacturers covered Munich Re Swiss Re Hannover Re SCOR SE Lloyds Berkshire Hathaway Great-West Lifeco RGA China RE Korean Re PartnerRe
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