Reinsurance in the uk, key trends and opportunities to 2016

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It provides a detailed analysis of the reinsurance ceded from various direct insurance markets in the UK and its growth prospects

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Reinsurance in the uk, key trends and opportunities to 2016

  1. 1. Reinsurance in the UK, Key Trends and Opportunities to 2016During the review period, premium ceded to reinsurance by UK direct insurers grew, withthe exception of a noticeable decline in 2009 as a result of the global financial crisis.Following European financial liberalization, the UK insurance industry was opened up tointernational reinsurers and brokers. The UK reinsurance segment is dominated by domesticreinsurers, as well as reinsurers from other European countries such as Germany. Due tothe impact of the global financial crisis, the European debt crisis and severe flooding in2010–2011, renewal prices increased in the UK reinsurance segment. Previously, during2009–2010, UK reinsurance brokers experienced increased demand from credit insurerskeen to minimize their risk by sharing it with a reinsurer. Furthermore, with the forthcomingintroduction of the Solvency II directive, many insurers are also expected to be dependenton reinsurers in order to ensure better risk management and retain their market positions.Key Highlights• During the review period (2007–2011), the growth in non-life insurance premiums wasfuelled by numerous instances of severe flooding in the UK.• During the review period, premium ceded to reinsurance by UK direct insurers grew, withthe exception of a noticeable decline in 2009 as a result of the global financial crisis.• The UK reinsurance segment is dominated by domestic reinsurers, as well as reinsurersfrom other European countries such as Germany. Due to the impact of the global financialcrisis, the European debt crisis and severe flooding in 2010–2011, renewal prices increasedin the UK reinsurance segment.• Anticipating a significant improvement in the UK economy, some of the country’s largestreinsurance providers, including Lloyd’s, Munich Re and Swiss Re, are preparing themselvesfor further growth in the UK reinsurance segment.Request a Sample for or Inquire before buying the report @http://www.reportsnreports.com/reports/159541-reinsurance-in-the-uk-key-trends-and-opportunities-to-2016.htmlScopeThis report provides a comprehensive analysis of the reinsurance market in the UK:• It provides historical values for the UK reinsurance market for the report’s 2007–2011review period and forecast figures for the 2012–2016 forecast period• It offers a detailed analysis of the key sub-segments in the UK reinsurance market, alongwith market forecasts until 2016• It provides a detailed analysis of the reinsurance ceded from various direct insurancemarkets in the UK and its growth prospects• It profiles the top reinsurance companies in the UKMajor points covered in Table of Contents of this report include:1 Executive Summary2 Introduction3 UK Insurance Industry Attractiveness
  2. 2. 4 Key Industry Trends and Drivers5 Competitive Landscape and Strategic Insights6 Business Environment and Country Risk7 AppendixList of TablesList of FiguresReport Details:Published: May 2012No. of Pages: 101Price: Single User License – US$1950 Corporate User License – US$3900Contact:Priyank TiwariTX, Dallas North - Dominion Plaza,17304, Preston Road,Suite 800, Dallas 75252Tel: +1-888-391-5441sales@reportsandreports.comVisit our Market Research Blog @ http://www.reportsnreportsblog.com/Connect With Us:

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