New Market Research Report: Reinsurance in India, Key Trends and Opportunities to 2018

From: Fast Market Research, Inc.
Published: Tue Nov 18 2014

In terms of gross written premium, the Indian reinsurance segment grew at a review-period (2009-2013) compound annual growth rate (CAGR) of 12.9%. The increase was partially due to the robust growth posted by the insurance industry, coupled with the participation of more foreign reinsurance companies in the segment. It was further supported by India's positive economic growth and the rising levels of public awareness with regards to the benefits of insurance, with these indicators are also expected to support the segment over the forecast period (2013-2018). As such, the segment is projected to increase at a CAGR of 11.9%.

Report Highlights

* The premium accepted by the Indian reinsurance segment increased at a review-period CAGR of 12.9%.
* The treaty reinsurance category accounted for 81.6% of the total reinsurance premium accepted that year, while the facultative reinsurance category accounted for 18.4%.
* The Indian reinsurance segment comprises just one reinsurer: the General Insurance Corporation of India (GIC), a government-owned company.
* IRDA's proposal to allow the establishment of foreign reinsurers' branches in India, as well as the compulsory cession limits of 10% for non-life insurers, are expected to drive further growth in the segment over the forecast period.

Full Report Details at

Report Scope

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

* It provides historical values for India's reinsurance segment for the report's 2009-2013 review period, and projected figures for the 2013-2018 forecast period.
* It offers a detailed analysis of the key sub-segments in India's reinsurance segment, along with market forecasts until 2018.
* It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in India, and the growth prospects for reinsurance.

Reasons to Get this Report

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

About Fast Market Research

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