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Europe Reinsurance Market Outlook To 2015 Emerging As The Key Region For Domiciling

Europe Reinsurance Market Outlook To 2015  Emerging As The Key Region For Domiciling

Aarkstore announce a new report "Europe Reinsurance Market Outlook to 2015 Emerging

as the Key Region for Domiciling" through its vast collection of market research report.

Executive Summary

The Report titled Europe Reinsurance Market Outlook to 2015 Emerging as the Key Region for Domiciling provides an in-depth analysis of the European reinsurance industry. The report covers specific insights on the market size and segmentation, drivers and restraints, recent trends and developments and future outlook of the reinsurance industry globally and in Europe. The report also entails the market size on the basis of net reinsurance premium written and market share of various companies in different countries such as Germany, the UK, Switzerland and Ireland. Overall, the report offers a comprehensive analysis of the entire reinsurance industry in the European region.

The global reinsurance industry was valued at USD ~ million in terms of gross premium written in 2009. The market is expected to grow at a CAGR of ~% from 2010-2015, to reach USD ~ million in 2015. Net premium written increased from USD ~ million in 2001 to USD ~ million in 2009. It is expected to grow at a CAGR of ~% from 2010-2015 to reach USD ~ million by 2015.

With a market share close to ~%, Europe was the market leader on the basis of global net reinsurance premium written in 2009. North America with a share of ~% was the second largest region followed by the Asia Pacific region with a share of ~%. Rest of the World (ROW) also had a small share of ~%.

Reinsurance Industry in Europe

The reinsurance industry in Europe is the biggest market in the world. Alone, Europe accounts for more than ~% of the market. In 2010, the reinsurance industry stood at under USD ~ billion. The market is expected to grow at a steady CAGR of ~% from 2010-2015 and would reach USD ~ million in 2015.

Germany is the largest reinsurance market contributing ~% of the total net premium written in the region. The UK is speeding up in its race to chase Germany with Lloyds contributing the maximum to the growth in the country.

Germany

Germany is the largest region in terms of reinsurance with a market share of ~% in Europe 2009 and a value of USD ~ million. The market is expected to cross the USD ~ billion mark by 2015.

Munich Reinsurance Co. is the largest player operating in the region controlling more than ~% of the market. Hannover Rueckversicherung AG is the second largest player with a market share of ~%. Allianz SE is another major player with a market share of ~%.

The UK

In 2009, the UK had a market share of approximately ~% out of the total market for Europe. The market declined in 2010 registering a fall of ~% and reached USD ~ million. The market is expected to increase at a healthy rate from 2011 onwards, registering an expected CAGR of ~% from 2010-2015. The market will reach USD ~ million by the end of 2015.

The UK reinsurance market is largely dominated by Lloyds with a market share of ~% in 2009. The second largest player is Aspen Insurance UK Ltd. with a market share of ~%.

Switzerland

In 2007, the market stood at USD ~ million and reached USD ~ million in 2009. The market is expected to grow at a healthy rate of ~% from 2010-2015 to reach USD ~ million in 2015.

Swiss Reinsurance Company Ltd. with a market share of ~% is the clear market leader operating in the region. The second largest player is SCOR Switzerland AG with a market share of ~% followed by New Reinsurance Co. with a market share of ~%.

Ireland

Ireland is one of the upcoming markets in Europe with a market share of ~%. The market has grown from USD ~ millions in 2007 to USD ~ millions in 2009. The market is expected to increase at a CAGR of ~% from 2010-2015 and reach USD ~ million by 2015.

Hannover Life Reinsurance (Ireland) Ltd. is the largest player in the region with a market share of ~% in 2009. Hannover Life Reinsurance (Ireland) Ltd. is followed by Partner Reinsurance Europe Ltd. with a market share of ~%. AXIS Re Ltd. is the third largest player with a market share of ~%. Another major player operating in the region is Hannover Reinsurance (Ireland) Ltd. with a market share of ~%.

For more information, please visit:

http://www.aarkstore.com/reports/Europe-Reinsurance-Market-Outlook-to-2015-Emerging-as-the-Key-Region-for-Domiciling-90849.html

Or email us at press@aarkstore.com or call +919272852585

by: Aarkstore Enterprise
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