Report overview
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.
This report 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
