Reinsurance in Hong Kong, Key Trends and Opportunities to 2018 - New Report Available

From: Fast Market Research, Inc.
Published: Tue Dec 16 2014


Hong Kong's popularity as a reinsurance hub and anticipated growth of the life, non-life, and personal accident and health insurance segments are expected to drive the growth of Hong Kong reinsurance over the forecast period (2013-2018). Reinsurers operating in Hong Kong generate a considerable proportion of revenue from offshore business. The frequent occurrence of natural disasters in Asia-Pacific forced insurers to cede part of their premium to reinsurers to avoid substantial incurred loss. The premium accepted by the Hong Kong reinsurance segment rose at a review-period (2009-2013) compound annual growth rate (CAGR) of 19.3%.

Report Highlights

* The premium accepted by the Hong Kong reinsurance segment grew, at a review-period (2009-2013) compound annual growth rate (CAGR) of 19.3%.
* The reinsurance segment is one of the largest in the Asia-Pacific region, with its total written premium rising at a review-period CAGR of 17.5%, supported by the strong performance of Hong Kong's insurance segments
* The premium ceded by the life segment grew at a review-period CAGR of 21.3% in 2013.
* Hong Kong is rapidly becoming a regional hub for reinsurance in Asia-Pacific, with the segment depending heavily on offshore business and generating a large proportion of its business from overseas markets.
* The reinsurance segment is expected to be driven by favorable FDI policies and the growth of primary insurance segments.
* The premium accepted by the Hong Kong reinsurance segment is projected to record a forecast-period CAGR of 15.2%.

Full Report Details at
- http://www.fastmr.com/prod/911438_reinsurance_in_hong_kong_key_trends_and.aspx?afid=301

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

Reasons to Get this Report

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

Companies Mentioned in this Report: Munchener Ruckversicherungs - Gesellschaft, Taiping Reinsurance Company Ltd, Schweizerische Ruckversicherungs-Gesellschaft AG (Swiss Re), Asia Capital Reinsurance Group Pte. Ltd, BC Reinsurance Ltd, SCOR Reinsurance Company (Asia) Ltd, Toa Reinsurance Company, Ltd, Transatlantic Reinsurance Company, Hannover Ruck SE, Berkley Insurance Company

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

You may also be interested in these related reports:

- Personal Accident and Health Insurance in Hong Kong, Key Trends and Opportunities to 2018
- Non-Life Insurance in Hong Kong, Key Trends and Opportunities to 2018
- Life Insurance in Hong Kong, Key Trends and Opportunities to 2018
- Reinsurance in Hong Kong, Key Trends and Opportunities to 2017
- Non-Life Insurance in Indonesia, Key Trends and Opportunities to 2018
Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

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