Reinsurance in Bahrain, Key Trends and Opportunities to 2020

Synopsis
Timetric's 'Reinsurance in Bahrain, Key Trends and Opportunities to 2020' report provides detailed analysis of the market trends, drivers and challenges in the Bahraini reinsurance segment. 

It provides values for key performance indicators such as written premium, reinsurance ceded and reinsurance accepted during the review period (2011-2015) and forecast period (2015-2020).

The report also analyses information pertaining to the competitive landscape in the country, gives a comprehensive overview of the Bahraini economy and demographics, and provides detailed analysis of natural hazards and their impact on the Bahraini insurance industry. 

The report brings together Timetric's research, modeling and analysis expertise to enable reinsurers to identify segment dynamics and competitive advantages, and access profiles of reinsurers operating in the country.

Summary

Timetric's 'Reinsurance in Bahrain, Key Trends and Opportunities to 2020' report provides in-depth market analysis, information and insights into the Bahraini reinsurance segment, including:

• An outlook of the Bahraini reinsurance segment

• A comprehensive overview of the Bahraini economy and demographics 

• Detailed analysis of natural hazards and their impact on the Bahraini insurance industry

• The competitive landscape in the Bahraini reinsurance segment 

Scope

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

• It provides historical values for the Bahraini reinsurance segment for the report's 2011-2015 review period, and projected figures for the 2015-2020 forecast period.

• It offers a detailed analysis of the key categories in the Bahraini reinsurance segment, and market forecasts to 2020.

• It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in Bahrain, and the reinsurance segment's growth prospects.

• It analyzes various natural and man-made hazards and their impact on the Bahraini insurance industry


Reasons To Buy

• Make strategic business decisions using in-depth historic and forecast market data related to the Bahraini reinsurance segment, and each category within it.

• Understand the demand-side dynamics, key market trends and growth opportunities in the Bahraini reinsurance segment.

• Identify growth opportunities and market dynamics in key product categories.

• Gain insights into key regulations governing the Bahraini insurance industry, and their impact on companies and the industry's future.
Key Highlights

• In February 2016, Trust Re announced plans to expand its product portfolio by offering aviation facultative reinsurance, in addition to life and health reinsurance.

• In 2015, according to PreventionWeb, the average loss as a result of tremors in Bahrain valued BHD9.8 million (US$25.7 million).

• There were five reinsurers operating in Bahrain in 2015, comprising two domestic and three foreign reinsurers.