DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/mhsbcb/reinsurance_in) has announced the addition of the "Reinsurance in Philippines, Key Trends and Opportunities to 2018" report to their offering.
The premium accepted by the Philippine reinsurance segment decreased at a compound annual growth rate (CAGR) of -1.3% during the review period (2009-2013). The decline was primarily due to the global financial crisis; however the high frequency of natural disasters, and greater understanding among insurers of the benefits of reinsurance softened the decline's impact on the reinsurance segment. The segment's premium contributions came primarily from non-life and personal accident and health insurers.
Over the forecast period, the reinsurance segment is projected to rise at a forecast-period (2013-2018) CAGR of 2.2%, supplemented by high demand and government provisions supporting domestic reinsurer. Reforms in the insurance industry and reinsurance segment are projected to increase demand for reinsurance over the forecast period.
- It provides historical values for the Philippine reinsurance segment for the report's 2009-2013 review period and forecast figures for the 2013-2018 forecast period.
- It offers a detailed analysis of the key sub-segments in the Philippine reinsurance segment, along with market forecasts until 2018.
- It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in the Philippines, and its growth prospects.
Key Topics Covered:
1 Key Facts and Events
2 Executive Summary
4 Philippine Insurance Industry Attractiveness
5 Reinsurance Growth Dynamics and Challenges
6 Key Industry Trends and Drivers
7 Competitive Landscape and Strategic Insights
National Reinsurance Corporation of the Philippines
For more information visit http://www.researchandmarkets.com/research/mhsbcb/reinsurance_in