Reinsurance in Romania, Key Trends and Opportunities to 2019

Synopsis
Timetric's 'Reinsurance in Romania, Key Trends and Opportunities to 2019' report provides detailed analysis of the market trends, drivers and challenges in the Romanian reinsurance segment. It provides values for key performance indicators such as written premium, reinsurance ceded and reinsurance accepted during the review period (2010-2014) and forecast period (2014-2019).

The report also analyses information pertaining to the competitive landscape in the country, gives a comprehensive overview of the Romanian economy and demographics, and provides detailed analysis of natural hazards and their impact on the Romanian 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 Romania, Key Trends and Opportunities to 2019' report provides in-depth market analysis, information and insights into the Romanian reinsurance segment, including:

 The Romanian reinsurance segment's growth prospects by reinsurance ceded from direct insurance

 A comprehensive overview of the Romanian economy and demographics 

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

 The competitive landscape in the Romanian reinsurance segment

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

 It provides historical values for the Romanian reinsurance segment for the report's 2010-2014 review period, and projected figures for the 2014-2019 forecast period.

 It offers a detailed analysis of the key categories in the Romanian reinsurance segment, and market forecasts to 2019.

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

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

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

 Identify growth opportunities and market dynamics in key product categories.

 Gain insights into key regulations governing the Romanian insurance industry, and their impact on companies and the industry's future.

Key Highlights
 The Romanian reinsurance segment's gross written premium accounted for 23.9% of the industry's gross written premium in 2014.

 The premium ceded by primary insurance segment declined in 2014. 

 In 2014, 26 reinsurers and insurers provided reinsurance services for non-life insurers, while 16 underwrote agreements for life insurers. 

 Life insurance, annuities and additional life insurance classes accounted for 83.4% of the total premium ceded to reinsurers by the life segment in 2014. 

 Solvency II, a new regulatory framework for insurers and reinsurers in Europe, came into force on January 1, 2016.