Reinsurance in Spain, Key Trends and Opportunities to 2017

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Naperville, IL -- (SBWire) -- 01/22/2014 --Reportstack, provider of premium market research reports announces the addition of Reinsurance in Spain, Key Trends and Opportunities to 2017 market report to its offering
Despite the global financial and European debt crises, the Spanish reinsurance segment registered a review-period (2008?2012) CAGR of 9.6%, increasing from EUR3.2 billion (US$4.6 billion) in 2008 to EUR4.6 billion (US$5.9 billion) in 2012. The Insurance Compensation Consortium (CCS) provides cover for all natural disaster events through a compulsory surcharge based on sums insured, which set a very low requirement for insurers to seek natural disaster reinsurance, which includes unexpected natural and socio-political risks. With gradual economic improvement and increasing public confidence in insurance products, the segment is expected to post a forecast-period (2012?2017) CAGR of 7.1%.

Scope
This report provides a comprehensive analysis of the reinsurance segment in Spain:
It provides historical values for Spains reinsurance segment for the reports 20082012 review period and forecast figures for the 20122017 forecast period.
It offers a detailed analysis of the key sub-segments in Spains reinsurance segment, along with market forecasts until 2017.
It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in Spain and its growth prospects.

Reasons to Buy
Make strategic business decisions using in depth historic and forecast market data related to the Spanish reinsurance segment and each sector within it
Understand the demand-side dynamics, key market trends and growth opportunities within the Spanish reinsurance segment
Identify the growth opportunities and market dynamics within key product categories
Gain insights into key regulations governing the Spanish insurance industry and its impact on companies and the market's future

Key Highlights
The Spanish reinsurance segment continued to grow at stable rate during the review period, despite the variable nature of the industry during this time.
Due to provisions by the CCS, there is little need for insurers to seek catastrophic reinsurance, which includes unexpected natural and sociopolitical perils.
Solvency II implementation is expected to increase demand for reinsurance as minimum capital requirements will rise and firms will concentrate on adopting risk mitigation strategies.
Reinsurers continue to explore the segments growth potential.

Companies Mentioned

Mapfre Re
Nacional de Reaseguros SA
Swiss Re
ACE Tempest Reinsurance Ltd
Banco Santander, SA
XL Re
General Reinsurance AG
Scor Re
RGA Re

To view the table of contents for this market research report please visit
http://www.reportstack.com/product/149652/reinsurance-in-spain-key-trends-and-opportunities-to-2017.html
Contact:
Roger Campbell
contactus@reportstack.com
Naperville
Illinois
United States
Ph: 888-789-6604
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Roger Campbell
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http://www.reportstack.com

View this press release online at: http://rwire.com/442338