Global Reinsurance
Summary
Global Reinsurance industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The market value reflects reinsurance accepted premiums, that is classified into life and non-life reinsurance. Reinsurance accepted premiums are the total premiums collected by both pure reinsurers and primary insurers residing in the country as part of reinsurance agreements. Market share reflects gross written premiums, for both life and non-life segments, by the reinsurers for providing reinsurance cover only.
- The global reinsurance market recorded an accepted premium of $474 billion in 2023, representing a compound annual growth rate (CAGR) of 5.6% between 2018 and 2023.
- The non-life reinsurance segment accounted for the market's largest proportion in 2023, with a total accepted premium of $270.2 billion, equivalent to 57% of the market's overall value.
- North America held the largest share of the global reinsurance market at 70.1% in 2023.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the reinsurance market in the global
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global reinsurance market
- Leading company profiles reveal details of key reinsurance market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Global reinsurance market with five year forecasts
- What was the size of the Global reinsurance market by value in 2023?
- What will be the size of the Global reinsurance market in 2028?
- What factors are affecting the strength of competition in the Global reinsurance market?
- How has the market performed over the last five years?
- What are the main segments that make up the global's reinsurance market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market share
- 1.6. Market rivalry
- 1.7. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Market share
- 7.2. Who are the leading players in the market?
- 7.3. What strategies do leading players follow?
- 7.4. What are the strengths of the leading players?
- 7.5. What are the recent developments in the market?
- 8 Company Profiles
- 8.1. Allianz SE
- 8.2. AXA SA
- 8.3. Berkshire Hathaway Inc
- 8.4. Assicurazioni Generali SpA
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Global reinsurance market value: $ billion, 2018-23
- Table 2: Global reinsurance market category segmentation: % share, by value, 2018-23
- Table 3: Global reinsurance market category segmentation: $ billion, 2018-23
- Table 4: Global reinsurance market geography segmentation: $ billion, 2023
- Table 5: Global reinsurance market value forecast: $ billion, 2023-28
- Table 6: Global reinsurance market share: % share, by value, 2023
- Table 7: Allianz SE: Key Facts
- Table 8: Allianz SE: Annual Financial Ratios
- Table 9: Allianz SE: Key Employees
- Table 10: Allianz SE: Key Employees Continued
- Table 11: AXA SA: Key Facts
- Table 12: AXA SA: Annual Financial Ratios
- Table 13: AXA SA: Key Employees
- Table 14: AXA SA: Key Employees Continued
- Table 15: Berkshire Hathaway Inc: Key Facts
- Table 16: Berkshire Hathaway Inc: Annual Financial Ratios
- Table 17: Berkshire Hathaway Inc: Key Employees
- Table 18: Assicurazioni Generali SpA: Key Facts
- Table 19: Assicurazioni Generali SpA: Annual Financial Ratios
- Table 20: Assicurazioni Generali SpA: Key Employees
- Table 21: Assicurazioni Generali SpA: Key Employees Continued
- Table 22: Global Exchange Rate, 2018-23
- List of Figures
- Figure 1: Global reinsurance market value: $ billion, 2018-23
- Figure 2: Global reinsurance market category segmentation: $ billion, 2018-23
- Figure 3: Global reinsurance market geography segmentation: % share, by value, 2023
- Figure 4: Global reinsurance market value forecast: $ billion, 2023-28
- Figure 5: Forces driving competition in the global reinsurance market, 2023
- Figure 6: Drivers of buyer power in the global reinsurance market, 2023
- Figure 7: Drivers of supplier power in the global reinsurance market, 2023
- Figure 8: Factors influencing the likelihood of new entrants in the global reinsurance market, 2023
- Figure 9: Factors influencing the threat of substitutes in the global reinsurance market, 2023
- Figure 10: Drivers of degree of rivalry in the global reinsurance market, 2023
- Figure 11: Global reinsurance market share: % share, by value, 2023
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