Boston, MA -- (SBWIRE) -- 03/05/2014 -- The Swedish reinsurance segment decreased from a written premium value of SEK14.1 billion (US$2.1 billion) in 2008 to SEK10.6 billion (US$1.6 billion) in 2012, at a review-period CAGR of -6.9%. Gross written premium is expected to grow at a forecast-period CAGR of 3.6%, to reach a value of SEK12.6 billion (US$1.9 billion) in 2017. The non-life segment accounted for the highest percentage of premium ceded in the industry during the review period with a share of 37% in 2012. This trend is expected to remain the same over the forecast period. In 2017, the non-life segment will cede 33.8% of its premium.
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- The Swedish reinsurance segment decreased at a review-period CAGR of -6.9%
- There are no regulations on reinsurance strategies and the adequacy standards related to reinsurance adequacy standards to be adopted by insurers in Sweden
- Captive reinsurers accounted for the considerable growth in Sweden's reinsurance business during the review period
- The reporting of reinsurance strategies among insurance companies is not mandatory in Sweden
This report provides a comprehensive analysis of the reinsurance segment in Sweden:
- It provides historical values for Sweden's reinsurance segment for the report's 2008-2012 review period and forecast figures for the 2012-2017 forecast period.
- It offers a detailed analysis of the key sub-segments in Sweden's reinsurance segment, along with market forecasts until 2017.
- It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in Sweden and its growth prospects.
Reasons to Get This Report
- Make strategic business decisions using in depth historic and forecast market data related to the Swedish reinsurance segment and each sector within it
- Understand the demand-side dynamics, key market trends and growth opportunities within the Swedish reinsurance segment
- Identify the growth opportunities and market dynamics within key product categories
- Gain insights into key regulations governing the Swedish insurance industry and its impact on companies and the market's future
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