Title: Canada Reinsurance Market 2017
1Reinsurance in Canada, Key Trends and
Opportunities to 2017byTimetric
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2Reinsurance in Canada, Key Trends and
Opportunities to 2017
- Summary
- Canadian reinsurance providers recorded negative
premium growth during the review period, as a
result of low premium growth registered by
Canadian insurers which forced them to cut their
reinsurance expenses, a low reinsurance-ceding
trend, and weak economic development. Written
premium in the Canadian reinsurance segment fell
from CAD32.8 billion (US30.7 billion) in 2008 to
CAD26.2 billion (US26.2 billion) in 2012, at a
compound annual growth rate (CAGR) of -5.5
during the review period (2008-2012).
3Reinsurance in Canada, Key Trends and
Opportunities to 2017
- Scope
- This report provides a comprehensive analysis of
the reinsurance segment in Canada - It provides historical values for Canadas
reinsurance segment for the reports 2008-2012
review period and forecast figures for the
2012-2017 forecast period. - It offers a detailed analysis of the key
categories in Canadas reinsurance segment, along
with market forecasts until 2017. - It provides a detailed analysis of the
reinsurance ceded from various direct insurance
segments in Canada and its growth prospects. - Complete report available _at_ http//www.rnrmarketre
search.com/reinsurance-in-canada-key-trends-and-op
portunities-to-2017-market-report.html .
4Reinsurance in Canada, Key Trends and
Opportunities to 2017
- Reasons To Buy
- Make strategic business decisions using in-depth
historic and forecast market data related to the
Canadian reinsurance segment and each sector
within it - Understand the demand-side dynamics, key market
trends and growth opportunities within the
Canadian reinsurance segment - Identify the growth opportunities and market
dynamics within key product categories - Gain insights into key regulations governing the
Canadian insurance industry and its impact on
companies and the markets future
5Reinsurance in Canada, Key Trends and
Opportunities to 2017
- Key Highlights
- Canadian reinsurance providers recorded negative
premium growth during the review period, as a
result of a low reinsurance-ceding trend, weak
economic development, and low premium growth
registered by Canadian insurers which forced them
to cut their reinsurance expenses. - The retention of risk among Canadian insurance
providers was high. - The Reinsurance (Canadian Companies) Regulations
and Reinsurance (Foreign Companies) Regulations,
which stated that insurance companies cannot cede
more than 75 of their gross premiums in total
and 25 of their gross premiums to unregistered
reinsurers, was repealed by the OFSI, providing
insurers with the flexibility to structure
operations and compete globally. - While the Canadian reinsurance segment is
expected to register positive growth at a CAGR of
1.0 over the forecast period, it will be limited
by the low interest rate environment and weak
economic development.
6Reinsurance in Canada, Key Trends and
Opportunities to 2017
- For more details contact Mr. Priyank Tiwari
sales_at_rnrmarketresearch.com / 18883915441
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