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Reinsurance in Finland, Key Trends and Opportunities to 2019

Reinsurance in Finland, Key Trends and Opportunities to 2019

Synopsis

Timetric’s 'Reinsurance in Finland, Key Trends and Opportunities to 2019' report provides detailed analysis of the market trends, drivers and challenges in the Finnish 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 analyses information pertaining to the competitive landscape in the country, gives a comprehensive overview of the Finnish economy and demographics, and provides detailed analysis of natural hazards and their impact on the Finnish 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 Finland, Key Trends and Opportunities to 2019' report provides in-depth market analysis, information and insights into the Finnish reinsurance segment, including:

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

This report provides a comprehensive analysis of the reinsurance segment in Finland:
  • It provides historical values for the Finnish 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 Finnish reinsurance segment, and market forecasts to 2019.
  • It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in Finland, 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 Finnish reinsurance segment, and each category within it.
  • Understand the demand-side dynamics, key market trends and growth opportunities in the Finnish reinsurance segment.
  • Identify growth opportunities and market dynamics in key product categories.
  • Gain insights into key regulations governing the Finnish insurance industry, and their impact on companies and the industry's future.
Key Highlights
  • During the review period, the premium accepted recorded a CAGR of 3.1%, supported by growth in the insurance industry.
  • Storms and flooding are primary concerns for Finnish insurers.
  • The minimum capital requirements for reinsurance companies in Finland are much lower than for insurance companies.
  • European Insurance and Occupational Pensions Authority (EIOPA) issued guidelines on the application of outward reinsurance arrangements to the non-life catastrophe risk sub-module, which are effective from April 1, 2015.
  • Solvency II was implemented on January 1, 2016.


  • Key Facts and Highlights
    • Table Finnish Reinsurance Segment - Key Facts, 2014
  • Executive Summary
  • Economy and Demographics
    • Table Finnish Humanitarian Aid by Country, 2015
    • Table Finnish Government Credit Ratings
  • Reinsurance Growth Dynamics and Challenges
    • Table Finnish Reinsurance - Premium Written (EUR Million), 2010-2015
    • Reinsurance Segment Size, 2010-2019
      • Table Finnish Reinsurance - Premium Accepted (EUR Million and US$ Million), 2010-2014
      • Table Finnish Reinsurance - Premium Accepted (EUR Million and US$ Million), 2014-2019
    • Reinsurance Segment Size by Premium Ceded, 2010-2019
      • Table Finnish Reinsurance - Premium Ceded by Type of Insurance (EUR Million), 2010-2014
      • Table Finnish Reinsurance - Premium Ceded by Type of Insurance (US$ Million), 2010-2014
      • Table Finnish Reinsurance - Premium Ceded by Type of Insurance (EUR Million), 2014-2019
      • Table Finnish Reinsurance - Premium Ceded by Type of Insurance (US$ Million), 2014-2019
      • Table Finnish Life Insurance - Percentage of Reinsurance Ceded (%), 2010-2014
      • Table Finnish Life Insurance - Percentage of Reinsurance Ceded (%), 2014-2019
      • Table Finnish Non-Life Insurance - Percentage of Reinsurance Ceded (%), 2010-2014
      • Table Finnish Non-Life Insurance - Percentage of Reinsurance Ceded (%), 2014-2019
      • Table Finnish Personal Accident and Health Insurance - Percentage of Reinsurance Ceded (%), 2010-2014
      • Table Finnish Personal Accident and Health Insurance - Percentage of Reinsurance Ceded (%), 2014-2019
  • Key Industry Drivers
    • Reinsurance Drivers
    • Life Insurance Drivers
    • Non-Life Insurance Drivers
    • Personal Accident and Health Insurance Drivers
  • Natural Hazards
    • Table Finnish Insurance Industry - Seasonal Weather Conditions
    • Flooding
    • Storms
    • Earthquakes
      • Table Finnish Insurance industry - Earthquakes, 2010-2015
    • Extreme Temperatures
    • Exposure to Natural Hazards
  • Competitive Landscape and Strategic Insights
    • Overview
    • Key Companies in the Finnish Reinsurance Segment
      • Table Finnish Reinsurance - Segment Shares (%), 2014
      • LocalTapiola General Mutual Insurance Company - company overview
        • Table LocalTapiola General Mutual Insurance Company - Key Facts
      • OP Insurance Ltd - company overview
        • Table OP Insurance Ltd - Key Facts
      • If P&C Insurance Company Ltd - company overview
        • Table If P&C Insurance Company Ltd - Key Facts
      • Mandatum Life Insurance Company Ltd - company overview
        • Table Mandatum Life Insurance Company Ltd - Key Facts
  • Definitions and Methodology
    • Definitions
      • Table Insurance Industry Definitions
    • Methodology
  • Appendix
    • Contact Timetric
    • About Timetric
    • Timetric's Services
    • Disclaimer

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