Research and Markets: Reinsurance in Canada, Key Trends and Opportunities to 2017 Research Report

DUBLIN--()--Research and Markets (http://www.researchandmarkets.com/research/78f4gh/reinsurance_in) has announced the addition of the "Reinsurance in Canada, Key Trends and Opportunities to 2017" report to their offering.

Canadian reinsurance providers recorded negative premium growth during the review period, as a result of low premium growth registered by Canadian insurers which forced them to cut their reinsurance expenses, a low reinsurance-ceding trend, and weak economic development. Written premium in the Canadian reinsurance segment fell from CAD32.8 billion (US$30.7 billion) in 2008 to CAD26.2 billion (US$26.2 billion) in 2012, at a compound annual growth rate (CAGR) of -5.5% during the review period (2008-2012).

Key Highlights

- Canadian reinsurance providers recorded negative premium growth during the review period, as a result of a low reinsurance-ceding trend, weak economic development, and low premium growth registered by Canadian insurers which forced them to cut their reinsurance expenses.

- The retention of risk among Canadian insurance providers was high.

- The Reinsurance (Canadian Companies) Regulations and Reinsurance (Foreign Companies) Regulations, which stated that insurance companies cannot cede more than 75% of their gross premiums in total and 25% of their gross premiums to unregistered reinsurers, was repealed by the OFSI, providing insurers with the flexibility to structure operations and compete globally.

- While the Canadian reinsurance segment is expected to register positive growth at a CAGR of 1.0% over the forecast period, it will be limited by the low interest rate environment and weak economic development.

Key Topics Covered:

Executive Summary

Introduction

Canadian Insurance Industry Attractiveness

Reinsurance Growth Dynamics and Challenges

Key Industry Trends and Drivers

Competitive Landscape and Strategic Insights

Business Environment and Country Risk

Appendix

List of Tables

List of Figures

Companies Mentioned

Munich Reinsurance Company

Swiss Reinsurance Company Ltd (Life Branch)

RGA Life Reinsurance Company of Canada

Employers Reassurance Corporation

Partner Reinsurance Europe SE

Axis Reinsurance Company (Canadian Branch)

For more information visit http://www.researchandmarkets.com/research/78f4gh/reinsurance_in

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Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Insurance

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Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Insurance