Asia Pacific Reinsurance Market Outlook: Edition 2012 - Propelling Short-tailed Reinsurance Investments

16-May-2012 | General Article (Non-News)

The report titled “Asia Pacific Reinsurance Market Outlook: Edition 2012 - Propelling Short-tailed Reinsurance Investments” focuses on the various aspects of the reinsurance market in Asia Pacific region. The report covers the reinsurance market of countries such as Japan, China, Korea, India, Australia, Singapore, Taiwan and Thailand. The report also provides the Global reinsurance market sentiments with a focus on the market size of non-life and life reinsurance segments along with competitive landscape of the major players operating in the industry.
 
 The global reinsurance industry is majorly held by the non-life reinsurance segment contributing around ~% of the total net premium written in 2011. The contribution of the non-life reinsurance have increased from ~% in 2008 to ~% in 2010 on account of rising insurance coverage for immovable and moveable property. The reinsurance industry has achieved satisfactory capital levels close to an all time high in 2010, following which, there was anticipation in the rise in the reinsurance prices and the profitability of the industry. However, in the year 2010, the industry suffered 9 catastrophe events, including the earthquake in Haiti and Chile which resulted in huge loss of around USD ~ billion. Munich Reinsurance Co. is the largest reinsurer in the world accounting for ~% of the global reinsurance net premium in 2011. http://www.bharatbook.com/market-research-reports/insurance-market-research-report/asia-pacific-reinsurance-market-outlook-edition-2012-propelling-short-tailed-reinsurance-investments.html
 
 Asia Pacific accounted for ~% of the global reinsurance net premium in 2011. The reinsurance market for Japan and China accounted for approximately ~% in 2011. The market is driven by the upcoming economies of China and India, whereas Japan and Australia are considered as saturated markets. The average reinsurance rates in the property/casualty sector increased by 15-20% between 2005 and 2010, in the upcoming regions of Asia. Market Analysis
 
 It is been expected by the reinsurers that a shortfall in the capacity in the retrocession market in the future will cause the market to harden, but the reinsurance market pricing will also depend on the available reinsurance capacity and the bargaining power of the insurers in the region.
 
 The reinsurance market in Japan is the largest market in the Asia Pacific region valued at USD ~ million in 2011. In 2009, the reinsurance net premium written declined by ~% to USD ~ million from USD ~ million in 2008. This was primarily due to the slowdown of the global economy which resulted into a conservative approach of the cedars towards reinsurance.
 
 The reinsurance market in China is dominated by the state owned reinsurance company, China Reinsurance Group Corporation. The company contributed around ~% of the total reinsurance net premium written in China in 2011. The net reinsurance premium written in China is estimated to be USD ~ million in 2012 given the expected market conditions.
 
 The market in India has grown at a CAGR of 7% from the period 2008-2011. In 2011, the reinsurance net premium written grew by ~% to USD ~ million as compared to USD ~ million in 2008. The market in India is concentrated and is dominated by GIC Re. There are several foreign reinsurers such as Munich Re, Swiss Re, Hannover Re and others which have marked their presence in India.
 
 In Q1 of 2011, the reinsurers operating in Australia incurred an underwriting loss of USD ~ million on account of the catastrophe exposure. Group retrocession alleviated the net loss ratio of the reinsurance industry to ~% from gross loss ratio of ~% in the Q1 of 2011.
 
 The reinsurance net premium in Singapore has increased by ~% to USD ~ million in 2010 as compared to USD ~ million in 2005. Actual premium prices for motor insurance inclined in 2009 after losses in 2008 (loss ratio of ~ %).
 
 China Re. is the largest reinsurer in Taiwan with a net premium of USD ~ million in 2011. The company accounted for around ~% of the total net premium written of the reinsurance market in Taiwan.
 The floods in the country has no doubt brought huge losses to the reinsurers operating in the region but is also anticipated to increase the reinsurance prices in the near future especially in the catastrophe affected areas.
 
 Key Topics Covered in the Report:
 
* The market size of Global Reinsurance Industry.
 * The market size of the Asia-Pacific Reinsurance Industry.
 * The market size of the reinsurance market in the eight countries such as Japan, China, Korea, India, Australia, Singapore, Taiwan and Thailand
 * Market segmentation of Global Reinsurance Industry by non-life and life reinsurance on the basis of net premium written.
 * Trends and Developments of the Asia-Pacific reinsurance market.
 * Competitive landscape of the major reinsurers of the global reinsurance market.
 * Competitive landscape of the major reinsurers in the markets such as Japan, China, Korea, India, Australia, Singapore, Taiwan and Thailand
 * Future outlook and projections of Global Reinsurance Industry on the basis of net premium written.
 * Future outlook and projections of Asia-Pacific Reinsurance Industry by countries such as Japan, China, Korea, India, Australia, Singapore, Taiwan and Thailand on the basis of net premium written.
 
 1. Global Reinsurance Industry Introduction and Market Size
 Global Insured Losses due to Catastrophe Exposure
 2. Global Reinsurance Market Segmentation, 2008-2011P
 3. Global Reinsurance Market Competitive Landscape, 2005-2011P
 4. Global Reinsurance Industry Future Outlook and Projection, 2012-2016
 5. Asia- Pacific Reinsurance Market Introduction
 5.1. Asia- Pacific Reinsurance Market Size by Value, 2008-2011P
 5.2. Asia- Pacific Reinsurance Market Segmentation, 2008-2011P
 5.3. Asia- Pacific Reinsurance Market Trends and Developments
 Increasing Preference for Cat Bonds in the Catastrophe Prone Areas
 Shift Towards Short Tailed Reinsurance Investment
 5.4. Asia- Pacific Reinsurance Market Future Outlook and Projections, 2012-2016
 5.4.1. Cause and Effect Relationship Between Dependent and Independent Variables in the Asia- Pacific Reinsurance Market
 
 For more information kindly visit :
 
Asia Pacific Reinsurance Market Outlook: Edition 2012 - Propelling Short-tailed Reinsurance Investments
 
 Or
 
 Bharat Book Bureau
 Tel: +91 22 27810772 / 27810773
 Fax: + 91 22 27812290
 Email: info@bharatbook.com
 Website: www.bharatbook.com
 Follow us on twitter: http://twitter.com/#!/Sandhya3B

Show HTML Embed Snippet

This release was submitted by a PRSafe user.
Any communication related to the content of this release should be sent to the release submitter.

Contact Info

From Name
From Email
From Company
Message
Login to Submit Email

Author Info

Tag Cloud

Categories

More Releases

Comments

Add a Comment

    \n\