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Reinsurance in Canada, Key Trends and Opportunities to 2016

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  • 1. Reinsurance in Canada, Key Trends and Opportunities to 2016Report Details:Published:October 2012No. of Pages: 93Price: Single User License – US$1950SynopsisThe report provides in depth market analysis, information and insights into the Canadianreinsurance market, including:• The Canadian reinsurance market’s growth prospects by reinsurance categories• The Canadian reinsurance market’s growth prospects by reinsurance ceded from directinsurance segments• The competitive landscape in the Canadian reinsurance marketSummaryDuring the review period (2007–2011), the reinsurance segment registered varying growth ratesdue to increased global catastrophic risks, the global financial crisis and the Eurozone debt crisis.Overall, the Canadian reinsurance segment grew moderately.ScopeThis report provides a comprehensive analysis of the reinsurance market in Canada:• It provides historical values for the Canadian reinsurance market for the review period(2007–2011) and forecast period (2012–2016)• It offers a detailed analysis of the key sub-segments in the Canadian reinsurance market, alongwith market forecasts until 2016• It provides a detailed analysis of the reinsurance ceded from various direct insurance markets inCanada and its growth prospects• It profiles the top reinsurance companies in CanadaReasons To Buy• Make strategic business decisions using in depth historic and forecast market data related to theCanadian reinsurance market and each sector within it• Understand the demand-side dynamics, key market trends and growth opportunities within theCanadian reinsurance market• Assess the competitive dynamics in the reinsurance market• Identify the growth opportunities and market dynamics within key product categories• Gain insights into key regulations governing the Canadian insurance market and its impact on
  • 2. companies and the markets futureKey Highlights• The regulatory changes in the reinsurance segment expose new challenges and opportunities interms of competitive differentiation. Consolidation among Canada’s non-life insurers due to anexpected increase in demutualization of property and casualty companies will influence cededpremiums and retention levels.• The growth of reinsurance in Canada was volatile during the review period, as the percentage ofinsurance premiums ceded to reinsurance varied each year, affected by demand trends in primaryinsurance.• The Canadian reinsurance segment is dominated by large global reinsurance groups throughbranches or subsidiaries in Canada.• In 2011, catastrophic losses dominated the reinsurance market in Canada and around the world.• Consolidation in the primary insurance market, especially in the fragmented non-life segment, istaking place with Intact’s purchase of AXA’s Canadian division and RSA Canada’s purchase ofGCAN Insurance in 2011.Get your copy of this report @http://www.reportsnreports.com/reports/202010-reinsurance-in-canada-key-trends-and-opportunities-to-2016.htmlMajor points covered in Table of Contents of this report includeTable of Contents1 Executive Summary2 Introduction2.1 What is this Report About?2.2 Definitions2.3 Methodology3 Canadian Insurance Industry Attractiveness3.1 Insurance Industry Market Size, 2007–20163.2 Reinsurance Growth Dynamics and Challenges3.2.1 Reinsurance market size, 2007–20163.2.2 Reinsurance segment size by type of insurance, 2007–20164 Key Industry Trends and Drivers4.1 Fundamental Business Drivers4.2 Life Insurance Segment Drivers4.3 Non-Life Insurance Segment Drivers4.4 Personal Accident and Health Insurance Segment Drivers5 Competitive Landscape and Strategic Insights5.1 Overview5.2 Leading Companies in the Canadian Reinsurance Segment5.3 Munich Reinsurance Company of Canada – Company Overview5.3.1 Munich Reinsurance Company of Canada – key facts5.3.2 Munich Reinsurance Company of Canada – key financials5.4 Swiss Reinsurance Company Ltd – Company Overview
  • 3. 5.4.1 Swiss Reinsurance Company Ltd – key facts5.4.2 Swiss Reinsurance Company Ltd – key financials5.5 Hannover Rückversicherung AG – Company Overview5.5.1 Hannover Rückversicherung AG – key facts5.5.2 Hannover Rückversicherung AG – key financials5.6 RGA Life Reinsurance Company of Canada?– Company Overview5.6.1 RGA Life Reinsurance Company of Canada – key facts5.6.2 RGA Life Reinsurance Company of Canada – key financials6 Business Environment and Country Risk6.1 Business Confidence6.1.1 Market capitalization trend – Canada Exchange, Canada6.2 Economic Performance6.2.1 GDP at constant prices (US dollar)6.2.2 GDP per capita at constant prices (US dollar)6.2.3 GDP at current prices (US dollar)6.2.4 GDP per capita at current prices (US dollar)6.2.5 GDP by key segments6.2.6 Agricultural net output at current prices (Canadian won)6.2.7 Agricultural net output at current prices (US dollar)6.2.8 Agricultural net output at current prices as a percentage of GDP6.2.9 Manufacturing net output at current prices (Canadian won)6.2.10 Manufacturing net output at current prices (US dollar)6.2.11 Manufacturing net output at current prices as a percentage of GDP6.2.12 Mining, manufacturing and utilities net output at current prices (Canadian Won)6.2.13 Mining, manufacturing and utilities at current prices (US dollar)6.2.14 Mining, manufacturing and utilities at current prices, as percentage of GDP6.2.15 Construction net output at current prices (Canadian won)6.2.16 Construction net output at current prices (US dollar)6.2.17 Construction net output at current prices as a percentage of GDP6.2.18 Inflation rate6.2.19 Current account balance as a percentage of GDP6.2.20 Exports as a percentage of GDP6.2.21 Imports as a percentage of GDP6.2.22 Exports growth6.2.23 Imports growth6.2.24 External debt as a percentage of GDP6.2.25 Annual average exchange rate US$–CAD6.2.26 End-of-period exchange rate US$–CAD6.3 Infrastructure Quality and Availability6.3.1 Railways and roadways6.3.2 Passenger vehicle production volume6.3.3 Commercial vehicle production volume
  • 4. 6.3.4 Automotive component exports trend6.3.5 Automotive component imports trend6.3.6 Passenger car penetration6.3.7 Healthcare expenditure6.3.8 Healthcare expenditure as a percentage of GDP6.3.9 Healthcare expenditure per capita6.3.10 Total internet subscribers6.4 Labor Force6.4.1 Labor force6.4.2 Unemployment rate6.5 Demographics6.5.1 Annual disposable income6.5.2 Annual per capita disposable income6.5.3 Total population6.5.4 Urban and rural population6.5.5 Female percentage of population6.5.6 Male percentage of population6.5.7 Mean age of the population6.5.8 Median age of population6.5.9 Population density6.5.10 Age distribution of the total population6.5.11 Age distribution of the male population6.5.12 Age distribution of the female population6.6 Political and Social Risk6.6.1 Political stability6.6.2 Terrorism index6.6.3 Transparency index7 Appendix7.1 Methodology7.2 Contact Us7.3 About Timetric7.4 DisclaimerList of TablesTable 1: Insurance Industry DefinitionsTable 2: Canadian Insurance Overall Written Premium by Segment (CAD Billion), 2007–2011Table 3: Canadian Insurance Overall Written Premium by Segment (US$ Billion), 2007–2011Table 4: Canadian Insurance Overall Written Premium by Segment (CAD Billion), 2011–2016Table 5: Canadian Insurance Overall Written Premium by Segment (US$ Billion), 2011–2016Table 6: Canadian Insurance Segmentation (% Share), 2007–2016Table 7: Reinsurance in Canada by Category (CAD Billion), 2007–2011Table 8: Reinsurance in Canada by Category (US$ Billion), 2007–2011
  • 5. Table 9: Reinsurance in Canada by Category (CAD Billion), 2011–2016Table 10: Reinsurance in Canada by Category (US$ Billion), 2011–2016Table 11: Canadian Premium Ceded to Reinsurance by Type of Insurance (CAD Billion),2007–2011Table 12: Canadian Premium Ceded to Reinsurance by Type of Insurance (US$ Billion),2007–2011Table 13: Canadian Premium Ceded to Reinsurance by Type of Insurance (CAD Billion),2011–2016Table 14: Canadian Premium Ceded to Reinsurance by Type of Insurance (US$ Billion),2011–2016Table 15: Canadian Life Insurance – Percentage of Reinsurance Ceded (%), 2007–2011Table 16: Canadian Life Insurance – Percentage of Reinsurance Ceded (%), 2011–2016Table 17: Canadian Non-Life Insurance – Percentage of Reinsurance Ceded, 2007–2011Table 18: Canadian Non-Life Insurance – Percentage of Reinsurance Ceded, 2011–2016Table 19: Canadian Personal Accident and Health Insurance – Percentage of Reinsurance Ceded(%), 2007–2011Table 20: Canadian Personal Accident and Health Insurance – Percentage of Reinsurance Ceded(%), 2011–2016Table 21: Leading Companies in the Canadian Reinsurance SegmentTable 22: Munich Reinsurance Company of Canada, Key FactsTable 23: Munich Reinsurance Company of Canada, Key Financials (CAD billion)Table 24: Swiss Reinsurance Company Ltd, Key FactsTable 25: Swiss Reinsurance Company Ltd, Key Financials (CAD million)Table 26: Hannover Rückversicherung AG, Key FactsTable 27: Hannover Rückversicherung AG, Key Financials (CAD billion)Table 28: RGA Life Reinsurance Company of Canada, Key FactsTable 29: RGA Life Reinsurance Company of Canada, Key Financials (CAD Billion)List of FiguresFigure 1: Canadian Insurance Overall Written Premium by Segment (CAD Billion), 2007–2016Figure 2: Canadian Insurance Market Dynamics by Segment, 2007–2016Figure 3: Canadian Premium Ceded to Reinsurance by Category (CAD Billion), 2007–2016Figure 4: Canadian Premium Ceded to Reinsurance by Category (% Share), 2011 and 2016Figure 5: Canadian Reinsurance Market Dynamics by Category, 2007–2016Figure 6: Canadian Premium Ceded to Reinsurance by Type of Insurance (CAD Billion),2007–2016Figure 7: Canadian Reinsurance Market Dynamics by Type of Insurance, 2007–2016Figure 8: Canadian Life Insurance – Percentage of Reinsurance Ceded (%), 2007–2011Figure 9: Canadian Life Insurance – Percentage of Reinsurance Ceded (%), 2011–2016Figure 10: Canadian Non-Life Insurance – Percentage of Reinsurance Ceded, 2007–2011Figure 11: Canadian Non-Life Insurance – Percentage of Reinsurance Ceded, 2011–2016Figure 12: Canadian Personal Accident and Health Insurance – Percentage of Reinsurance
  • 6. Ceded (%), 2007–2011Figure 13: Canadian Personal Accident and Health Insurance – Percentage of ReinsuranceCeded (%), 2011–2016Figure 14: Canada Exchange Market Capitalization (US$ Billion), 2007–2011Figure 15: Canadian GDP at Constant Prices (US$ Billion), 2007–2011Figure 16: Canadian GDP Per Capita at Constant Prices (US$), 2007–2011Figure 17: Canadian GDP at Current Prices (US$ Billion), 2007–2011Figure 18: Canadian GDP Per Capita at Current Prices (US$), 2007–2011Figure 19: Canadian GDP by Key Segments (%) 2009 and 2011Figure 20: Canadian Agricultural Net Output at Current Prices (CAD Billion), 2007–2011Figure 21: Canadian Agricultural Net Output at Current Prices (US$ Billion), 2007–2011Figure 22: Canadian Agricultural Net Output at Current Prices as a Percentage of GDP (%),2007–2011Figure 23: Canadian Manufacturing Net Output at Current Prices (CAD Billion), 2007–2011Figure 24: Canadian Manufacturing Net Output at Current Prices (US$ Billion), 2007–2011Figure 25: Canadian Manufacturing Net Output at Current Prices as a Percentage of GDP (%),2007–2011Figure 26: Canadian Mining, Manufacturing and Utilities Net Output at Current Prices (CADBillion), 2007–2011Figure 27: Canadian Mining, Manufacturing and Utilities Net Output at Current Prices (US$Billion), 2007–2011Figure 28: Canadian Mining, Manufacturing and Utilities Net Output at Current Prices as aPercentage of GDP (%), 2007–2011Figure 29: Canadian Construction Net Output at Current Prices (CAD Billion), 2007–2011Figure 30: Canadian Construction Net Output at Current Prices (US$ Billion), 2007–2011Figure 31: Canadian Construction Net Output at Current Prices as a Percentage of GDP (%),2007–2011Figure 32: Canadian Inflation Rate (%), 2007–2011Figure 33: Canadian Current Account Balance as a Percentage of GDP(%), 2007–2011Figure 34: Canadian Exports as a Percentage of GDP (%), 2007–2011Figure 35: Canadian Imports as a Percentage of GDP (%), 2007–2011Figure 36: Canadian Exports Growth (%), 2007–2011Figure 37: Canadian Imports Growth (%), 2007–2011Figure 38: External debt as a Percentage of GDP (%), 2007–2011Figure 39: Canadian Annual Average Exchange Rate US$–CAD, 2007–2011Figure 40: Canadian End-of-Period Exchange Rate US$–CAD, 2007–2011Figure 41: Canadian Railways and Roadways (Kilometers), 2011Figure 42: Canadian Passenger Vehicle Production, 2007–2011Figure 43: Canadian Commercial Vehicle Production, 2007–2011Figure 44: Canadian Automotive Component Exports (US$ Billion), 2007–2011Figure 45: Canadian Automotive Component Imports (US$ Billion), 2007–2011Figure 46: Canadian Passenger Car Penetration (per thousand people), 2007–2011
  • 7. Figure 47: Canadian Healthcare Expenditure (US$ Billion), 2007–2011Figure 48: Canadian Healthcare Expenditure as a Percentage of GDP (%), 2007–2011Figure 49: Canadian Per Capita Healthcare Expenditure (US$), 2007–2011Figure 50: Canadian Internet Subscriptions (Millions), 2007–2011Figure 51: Canadian Size of Labor Force in 15–59 Age Group (Million), 2007–2011Figure 52: Canadian Unemployment Rate (%), 2007–2011Figure 53: Canadian Annual Disposable Income (US$ Billion), 2007–2011Figure 54: Canadian Annual Per Capita Disposable Income (US$), 2007–2011Figure 55: Canadian Total Population (Million), 2007–2011Figure 56: Canadian Urban and Rural Population (%), 2007–2011Figure 57: Canadian Female as Percentage of Population (%), 2007–2011Figure 58: Canadian Male as Percentage of Population (%), 2007–2011Figure 59: Canadian Mean Age of Population (Year), 2007–2011Figure 60: Canadian Median Age of Population (Year), 2007–2011Figure 61: Canadian Population Density (per Square Kilometer), 2007–2011Figure 62: Canadian Population Distribution by Age (%), 2007–2011Figure 63: Canadian Male Population Distribution by Age (%), 2007–2011Figure 64: Canadian Female Population Distribution by Age (%), 2007–2011Figure 65: Global Terrorism Heat Map, 2011Figure 66: Canadian Transparency Index, 2007–2011Contact: sales@reportsandreports.com for more information.