Reinsurance in the Philippines, Key Trends and Opportunities to 2019
Timetric’s 'Reinsurance in the Philippines, Key Trends and Opportunities to 2019' report provides detailed analysis of the market trends, drivers, challenges in the Philippine reinsurance segment.
It provides values for key performance indicators such as written premium, reinsurance ceded and reinsurance accepted during the review period (2010–2014) and forecast period (2014–2019).
The report also analyzes information pertaining to the competitive landscape in the country, gives a comprehensive overview of the Philippine economy and demographics, and provides detailed analysis of natural hazards and their impact on the Philippine insurance industry.
This 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.
Timetric’s 'Reinsurance in the Philippines, Key Trends and Opportunities to 2019' report provides in-depth market analysis, information and insights into the Philippine reinsurance segment, including:
The Philippine reinsurance segment's growth prospects by reinsurance category
The Philippine reinsurance segment’s growth prospects by reinsurance ceded from direct insurance
A comprehensive overview of the Philippine economy and demographics
Detailed analysis of natural hazards and their impact on the Philippine insurance industry
The competitive landscape in the Philippine reinsurance segment
This report provides a comprehensive analysis of the reinsurance segment in the Philippines:
It provides historical values for the Philippine reinsurance segment for the report’s 2010–2014 review period, and projected figures for the 2014–2019 forecast period.
It offers a detailed analysis of the key categories in the Philippine reinsurance segment, and market forecasts to 2019.
It provides detailed analysis of the reinsurance ceded from various direct insurance segments in the Philippines, and the segment's growth prospects.
Reasons To Buy
Make strategic business decisions using in-depth historic and forecast market data related to the Philippine reinsurance segment and each sector within it.
Understand the demand-side dynamics, key market trends and growth opportunities in the Philippine reinsurance segment.
Assess the competitive dynamics in the reinsurance segment.
Identify growth opportunities and market dynamics in key product categories.
Gain insights into key regulations governing the Philippine insurance industry, and their impact on companies and the industry's future.
The premium accepted by the Philippine reinsurance segment increased at a CAGR of 0.7%.
According to Presidential Decree No. 1270 of 1977, all insurers operating in the Philippines must cede 10% of their foreign outward reinsurance business to PhilNaRe.
The government is considering the establishment of a disaster insurance pool to cover residential properties and SMEs against typhoons, earthquakes, floods and storms.
The segment’s premium contributors were non-life firms, which accounted for 78.6% of the total premium ceded to reinsurance in 2014.
The personal accident and health segment accounted for 16.8%, and the life segment accounted for 4.6%.