Fast Market Research recommends "Reinsurance in Italy, Key Trends and Opportunities to 2017" from Timetric, now available

Boston, MA -- (SBWire) -- 01/23/2014 --The Italian reinsurance segment declined at a compound annual growth rate (CAGR) of 3.0% during the review period (2008-2012), from EUR1.4 billion (US$2.0 billion) in 2008 to EUR1.2 billion (US$1.6 billion) in 2012. This was mainly due to persistent weak economic conditions and the absence of any compulsory natural disaster-related insurance. The treaty reinsurance category accounted for 85.9% of the segment's total written premium, while the facultative reinsurance category accounted for 14.1%. The reinsurance segment is mostly dominated by foreign insurers.

Key Highlights

- The Italian reinsurance segment posted a CAGR of -3.0% during the review period. The primary application of reinsurance in Italy is to manage exposure to natural disasters
- During the review period, two major earthquakes - L'Aquila in April 2009 and Emilia Romagna in May 2012 - claimed hundreds of lives and destroyed properties
- In the absence of obligatory insurance for natural disasters, the Italian government covers the majority of losses, spending an annual average of EUR4.5 billion (US$5.8 billion).
- In the absence of any domestic reinsurance company, the segment is dominated by multinational reinsurers such as Swiss Re, Munich Re and SCOR
- The treaty reinsurance category accounted for 85.9% of the reinsurance premiums generated in 2012, while the facultative reinsurance category accounted for the remaining 14.1%

View Full Report Details and Table of Contents

Scope

This report provides a comprehensive analysis of the reinsurance segment in Italy:

- It provides historical values for Italy'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 Italy's reinsurance segment, along with market forecasts until 2017
- It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in Italy and its growth prospects

Reasons to Get This Report

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

Companies Mentioned in this Report: Muenchener Rueck Italia SpA, Hannover Re Services Italy Srl, Swiss Re Italia SpA, SCOR Italia Riassicurazioni SpA

About Fast Market Research
Fast Market Research is an online aggregator and distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff will help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

Browse all Insurance research reports at Fast Market Research

You may also be interested in these related reports:

- Life Insurance in Russia, Key Trends and Opportunities to 2017
- Life Insurance in Austria, Key Trends and Opportunities to 2017: The Austrian life segment's written premium fell from EUR7.4 billion in 2008 to EUR6.5 billion in 2012.
- Non-Life Insurance in Austria, Key Trends and Opportunities to 2017: The Austrian non-life segments written premium value grew from EUR6.5 billion in 2008 to EUR7.1 billion in 2012.
- Personal Accident and Health Insurance in Thailand, Key Trends and Opportunities to 2017
- Non-Life Insurance in China, Key Trends and Opportunities to 2017
- Life Insurance in India, Key Trends and Opportunities to 2017
- Life Insurance in China, Key Trends and Opportunities to 2017
- Life Insurance in South Africa, Key Trends and Opportunities to 2017
- Non-Life Insurance in India, Key Trends and Opportunities to 2017
- Personal Accident and Health Insurance in Hong Kong, Key Trends and Opportunities to 2017