The Greek reinsurance segment registered a compound
annual growth rate (CAGR) of -0.31% during the review period (2008−2012), in
the presence of both the global financial crisis and European sovereign debt
crisis. During the review period, the premium ceded to reinsurance by Greek
direct insurers decreased at a CAGR of -3.4% during the review period. Ceded
premium increased briefly in 2009, but declined consistently after that. The
global financial crisis and a decline in overall insurance premium decreased
the premium ceded towards reinsurers; the non-life insurance segment ceded
75.6% of the total ceded premium.
The report
provides in depth market analysis, information and insights into the Greek
reinsurance segment, including:
- The Greek reinsurance segment's growth prospects by reinsurance categories
- Key trends and drivers for the reinsurance segment
- The Greek reinsurance segment’s growth prospects by reinsurance ceded from direct insurance segments
- The competitive landscape in the Greek reinsurance segment
Scope
This report
provides a comprehensive analysis of the reinsurance segment in Greece:
- It provides historical values for Greece’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 Greece’s reinsurance segment, along with market forecasts until 2017.
- It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in Greece and its growth prospects.
Reasons To Buy
- Make strategic business decisions using in depth historic and forecast market data related to the Greek reinsurance segment and each category within it.
- Understand the demand-side dynamics, key market trends and growth opportunities within the Greek reinsurance segment.
- Identify the growth opportunities and market dynamics within key product categories.
- Gain insights into key regulations governing the Greek insurance industry and its impact on companies and the market's future.
Key Highlights
- The reinsurance segment is relatively underdeveloped compared to other European reinsurance segments including the UK, Germany and France
- Every reinsurance company domiciled in Greece has to be incorporated as a Société Anonyme (SA) or mutual reinsurance cooperative
- During the review period, the amount of premium ceded to reinsurance by direct insurers decreased at a CAGR of -3.4% during the review period
- In the absence of any major natural disasters, reinsurance premiums increased marginally during the review period
Spanning
over 69 pages, 20 Tables and 45 Figures “Reinsurance
in Greece, Key Trends and Opportunities to 2017” report provide Greek
Insurance Industry Attractiveness, Key Industry Trends and Drivers, Business
Environment and Country Risk, Appendix.
Inquiry for more information
visit:
For regular industry
updates subscribe to our newsletter at:
No comments:
Post a Comment