Reinsurance in Hong Kong, Key Trends and Opportunities to 2017, New Report Launched

The popularity of Hong Kong as a reinsurance hub and the anticipated growth of the life, non-life, and personal accident and health segments are expected to drive the growth of the Hong Kong reinsurance segment over the forecast period. Reinsurance companies operating in Hong Kong generate a considerable proportion of their revenue from offshore business, with the frequent occurrence of natural disasters in primary offshore markets of the Asia-Pacific region forcing insurance companies to cede part of their premiums to reinsurers to avoid substantial incurred loss. Overall, the written premium of the Hong Kong reinsurance segment increased at a review-period CAGR of 17.5%.

The report provides in depth market analysis, information and insights into Hong Kong's reinsurance segment, including:

• Hong Kong's reinsurance segment's growth prospects by reinsurance categories
• Key trends and drivers for the reinsurance segment
• Hong Kong's reinsurance segment's growth prospects by reinsurance ceded from direct insurance segments
• The competitive landscape in Hong Kong's reinsurance segment

Scope:

This report provides a comprehensive analysis of the reinsurance segment in Hong Kong:

• It provides historical values for Hong Kong's reinsurance segment for the report's 2008–2012 review period and forecast figures for the 2012–2017 forecast period
• It offers a detailed analysis of the key sub-segments in Hong Kong's reinsurance segment, along with market forecasts until 2017
• It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in Hong Kong and its growth prospects

Reasons To Buy:

• Make strategic business decisions using in depth historic and forecast market data related to Hong Kong's reinsurance segment and each sector within it
• Understand the demand-side dynamics, key market trends and growth opportunities within Hong Kong's reinsurance segment
• Identify the growth opportunities and market dynamics within key product categories
• Gain insights into key regulations governing Hong Kong's insurance industry and its impact on companies and the market's future

Key Highlights: 

• The Hong Kong reinsurance segment is dominated by international reinsurers
• Reinsurance companies operating in Hong Kong generate the majority of their revenues from offshore markets such as Mainland China, Japan, Taiwan and other Asian countries
• The Hong Kong reinsurance segment is one of the largest in the Asia-Pacific region, with total written premiums increasing from HKD5.4 billion (US$0.70 billion) in 2008 to HKD10.3 billion (US$1.33 billion) in 2012, at a CAGR of 17.5% during the review period
• Hong Kong's liberal trade policies have made the country, alongside Singapore, a leading reinsurance hub in the Asia-Pacific region

Spanning over 89 pages, 41 tables and 53 figures, “Reinsurance in Hong Kong, Key Trends and Opportunities to 2017” report provides information on market overview, drivers and challenge, competition and key trends.

In addition to covering The Hong Kong Insurance Industry Attractiveness, Key Insurance Industry Trends and Drivers, Competitive Landscape and Strategic Insights, Business Environment and Country Risk and Appendix. The report cover 10 CNOOC Insurance Ltd,  Zurich Insurance, Lloyd's Taiping Reinsurance Company Ltd, Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft (Munich Re), Schweizerische Rückversicherungs-Gesellschaft AG (Swiss Re), Asia Insurance Company Ltd, XL Insurance, Coface, Asia Capital Reinsurance Group Pte Ltd.

For more information visit : http://www.marketresearchreports.com/timetric/reinsurance-hong-kong-key-trends-and-opportunities-2017

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