1. Market Research
  2. > Financial Services
  3. > Insurance
  4. > Reinsurance Market Trends
  5. > Reinsurance in Australia, Key Trends and Opportunities to 2020

Reinsurance in Australia, Key Trends and Opportunities to 2020

  • April 2016
  • -
  • Timetric
  • -
  • 54 pages

Summary

Table of Contents

Search Inside

Synopsis
Timetric’s 'Reinsurance in Australia, Key Trends and Opportunities to 2020' report provides detailed analysis of the market trends, drivers and challenges in the Australian reinsurance segment. It provides values for key performance indicators such as written premium, reinsurance ceded and reinsurance accepted during the review period (2011–2015) and forecast period (2015–2020).

The report also analyses information pertaining to the competitive landscape in the country, gives a comprehensive overview of the Australian economy and demographics, and provides detailed analysis of natural hazards and their impact on the Australian insurance industry.

The report brings together Timetric’s research, modeling and analysis expertise to enable reinsurers to identify segment dynamics and competitive advantages, and access profiles of reinsurers operating in the country.

Summary
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

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 Buy
- 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.

Key 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.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
Get This Report
24/7 Customer Support

Talk to Veronica

+1 718 514 2762

Purchase Reports From Reputable Market Research Publishers
The Emergence of Alternative Capital in Reinsurance

The Emergence of Alternative Capital in Reinsurance

  • $ 3800
  • Industry report
  • February 2017
  • by Timetric

Synopsis Timetric’s 'Insight Report: The Emergence of Alternative Capital in Reinsurance' analyzes the development of alternative capital in the reinsurance industry, and also discusses the major types ...

Reinsurance in Serbia, Key Trends and Opportunities to 2020

Reinsurance in Serbia, Key Trends and Opportunities to 2020

  • $ 1450
  • Industry report
  • January 2017
  • by Timetric

Synopsis Timetric’s 'Reinsurance in Serbia Key Trends and Opportunities to 2020' report provides detailed analysis of the market trends, drivers and challenges in the Serbian reinsurance segment. It ...

Reinsurance in Japan, Key Trends and Opportunities to 2020

Reinsurance in Japan, Key Trends and Opportunities to 2020

  • $ 1450
  • Industry report
  • February 2017
  • by Timetric

Synopsis Timetric’s 'Reinsurance in Japan, Key Trends and Opportunities to 2020' report provides detailed analysis of the market trends, drivers and challenges in the Japanese reinsurance segment. It ...


ref:plp2016

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.