Reinsurance in Philippines, Key Trends and Opportunities to 2018

Synopsis
The report provides in-depth market analysis, information and insights into the Philippine reinsurance segment, including:
The Philippine reinsurance segment's growth prospects by reinsurance category
Key trends and drivers for the reinsurance segment 
The Philippine reinsurance segment's growth prospects by reinsurance ceded from direct insurance segments
The competitive landscape in the Philippine reinsurance segment  

Summary
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. 
Scope
This report provides a comprehensive analysis of the reinsurance segment in the Philippines:
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.  
Reason To Buy
 Make strategic business decisions using in depth historic and forecast market data related to the Philippine reinsurance segment and each sector within it
Understand the demand-side dynamics, key market trends and growth opportunities in Philippine reinsurance segment
Identify the growth opportunities and market dynamics in key product categories
Gain insights into key regulations governing the Philippine insurance industry and its impact on companies and the market's future 
Key Highlights
 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. 
Philippine insurers are required by law to cede a minimum of 10% of the premiums ceded to foreign reinsurers to the state-owned domestic reinsurer.
Amendments to the Philippines' Insurance Code, introduced in August 2013, increased capital requirements for both domestic and foreign reinsurers.
The Philippine government is in the process of implementing an Earthquake Insurance Pool, supported by the Asian Development Bank (ADB).