Global Reinsurance Market 2018-2022
Reinsurance is the insurance bought by insurance companies to protect them from financial losses. It was started to manage solvency of insurance companies during times of heavy claims. It helps companies to remain solvent and maintain capital efficiency in circumstances of dealing with major claims due to natural catastrophes, terrorist attacks, and market crashes.
Technavio’s analysts forecast the global reinsurance market to grow at a CAGR of 4.10% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global reinsurance market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of life and non-life insurance products.
The market is divided into the following segments based on geography:
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