Canada Reinsurance Market 2017 - PowerPoint PPT Presentation

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Canada Reinsurance Market 2017

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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 (US$30.7 billion) in 2008 to CAD26.2 billion (US$26.2 billion) in 2012, at a compound annual growth rate (CAGR) of -5.5% during the review period (2008-2012). – PowerPoint PPT presentation

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Title: Canada Reinsurance Market 2017


1
Reinsurance in Canada, Key Trends and
Opportunities to 2017byTimetric
  • Explore all reports for Reinsurance market
  • _at_
  • http//www.rnrmarketresearch.com/reports/business-
    financial-services/financial-services/insurance-fi
    nancial-services/reinsurance-insurance-financial-s
    ervices .

2
Reinsurance 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).

3
Reinsurance 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 .

4
Reinsurance 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

5
Reinsurance 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.

6
Reinsurance in Canada, Key Trends and
Opportunities to 2017
  • For more details contact Mr. Priyank Tiwari
    sales_at_rnrmarketresearch.com / 18883915441

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