New Market Research Report: Reinsurance in Australia, Key Trends and Opportunities to 2020

From: Fast Market Research, Inc.
Published: Fri Apr 29 2016


Timetric's 'Reinsurance in Australia, Key Trends and Opportunities to 2020' report provides in-depth market analysis, information and insights into the Australian reinsurance segment, including:

* The Australian reinsurance segment's growth prospects by reinsurance ceded from direct insurance
* A comprehensive overview of the Australian economy and demographics
* Detailed analysis of natural hazards and their impact on the Australian insurance industry
* The competitive landscape in the Australian reinsurance segment

Report Highlights

* The premium accepted by the Australian reinsurance segment grew at a review-period CAGR of 5.7%.
* Due to natural disasters such as the Queensland floods and Cyclone Yasi in 2011, premium rates for some classes of reinsurance increased by more than 50%. Insurers had to increase prices to remain solvent.
* The reinsurance segment is highly competitive, with seven reinsurers providing cover for life insurers and 12 providing cover for non-life insurers.
* Competition among reinsurers in Australia is based on price, as capital inflows are high and demand for reinsurance is relatively low.
* The segment is expected to consolidate over the forecast period, as smaller reinsurers are expected to merge with larger reinsurers due to high competition and falling renewal rates.

Full Report Details at
- http://www.fastmr.com/prod/1154415_reinsurance_australia_key.aspx?afid=301

Report Scope

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

* It provides historical values for the Australian reinsurance segment for the report's 2011-2015 review period, and projected figures for the 2015-2020 forecast period.
* It offers a detailed analysis of the key categories in the Australian reinsurance segment, and market forecasts to 2020.
* It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in Australia, and the reinsurance segment's growth prospects.

Reasons to Get this Report

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

Companies Mentioned in this Report: Swiss Re Life & Health Australia Ltd, RGA Reinsurance Company of Australia Ltd, Munich Reinsurance Company of Australasia Ltd, Hannover Life Re of Australasia Ltd, General Reinsurance Life Australia Ltd, Scor Global Life Australia Pty Ltd, Global Life Reinsurance Company of Australia Pty. Ltd

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 (1.413.485.7001 Int'l)


Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

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