Reinsurance in Sweden, Key Trends and Opportunities to 2017

Published: Feb, 2014 | Pages: 70 | Publisher: Timetric
Industry: Insurance | Report Format: Electronic (PDF)


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

Summary
The Swedish reinsurance segment decreased from a written premium value of SEK14.1 billion (US$2.1 billion) in 2008 to SEK10.6 billion (US$1.6 billion) in 2012, at a review-period CAGR of -6.9%. Gross written premium is expected to grow at a forecast-period CAGR of 3.6%, to reach a value of SEK12.6 billion (US$1.9 billion) in 2017. The non-life segment accounted for the highest percentage of premium ceded in the industry during the review period with a share of 37% in 2012. This trend is expected to remain the same over the forecast period. In 2017, the non-life segment will cede 33.8% of its premium.  
Scope
This report provides a comprehensive analysis of the reinsurance segment in Sweden:
It provides historical values for Sweden's reinsurance segment for the report's 2008-2012 review period and forecast figures for the 2012-2017 forecast period.
It offers a detailed analysis of the key sub-segments in Sweden's reinsurance segment, along with market forecasts until 2017.
It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in Sweden and its growth prospects.  
Reason To Buy
 Make strategic business decisions using in depth historic and forecast market data related to the Swedish reinsurance segment and each sector within it
Understand the demand-side dynamics, key market trends and growth opportunities within the Swedish reinsurance segment
Identify the growth opportunities and market dynamics within key product categories
Gain insights into key regulations governing the Swedish insurance industry and its impact on companies and the market's future 
Key Highlights
 The Swedish reinsurance segment decreased at a review-period CAGR of -6.9%
There are no regulations on reinsurance strategies and the adequacy standards related to reinsurance adequacy standards to be adopted by insurers in Sweden
Captive reinsurers accounted for the considerable growth in Sweden's reinsurance business during the review period
The reporting of reinsurance strategies among insurance companies is not mandatory in Sweden

 1 Executive Summary
2 Introduction
2.1 What is this Report About?
2.2 Definitions
2.3 Methodology
3 Swedish Insurance Industry Attractiveness
3.1 Insurance Industry Size, 2008-2017
4 Reinsurance Growth Dymics and Challenges
4.1 Reinsurance Segment Size, 2008-2017
4.2 Reinsurance Segment Size by Type of Insurance, 2008-2017
5 Key Industry Trends and Drivers
5.1 Fundamental Business Drivers
5.2 Life Insurance Segment Drivers
5.3 Non-Life Insurance Segment Drivers
5.4 Persol Accident and Health Insurance Segment Drivers
6 Business Environment and Country Risk
6.1 Business Confidence
6.1.1 Market capitalization trend - Stockholm Stock Exchange, Sweden
6.2 Economic Performance
6.2.1 GDP at constant prices (US$)
6.2.2 GDP per capita at constant prices (US dollar)
6.2.3 GDP at current prices (US dollar)
6.2.4 GDP per capita at current prices (US dollar)
6.2.5 GDP by key segments
6.2.6 Agriculture, hunting, forestry and fishing net output at current prices (US dollar)
6.2.7 Agriculture, hunting, forestry and fishing net output at current prices as a percentage of GDP
6.2.8 Manufacturing net output at current prices (US$)
6.2.9 Manufacturing net output at current prices as a percentage of GDP
6.2.10 Mining, manufacturing and utilities at current prices (US$)
6.2.11 Mining, manufacturing and utilities at current prices, as percentage of GDP
6.2.12 Construction net output at current prices, (US$)
6.2.13 Construction net output at current prices as a percentage of GDP
6.2.14 Inflation rate
6.2.15 Exports as a percentage of GDP
6.2.16 Imports as a percentage of GDP
6.2.17 Merchandise exports growth
6.2.18 Merchandise imports growth
6.2.19 Annual average exchange rate US dollar against the kro
6.3 Infrastructure Quality and Availability
6.3.1 Commercial vehicles exports total value
6.3.2 Commercial vehicles imports total value
6.3.3 Automotive exports total value
6.3.4 Automotive imports total value
6.3.5 Total internet subscribers
6.4 Labor Force
6.4.1 Labor force
6.4.2 Unemployment rate
6.5 Demographics
6.5.1 Gross tiol disposable income (US$)
6.5.2 Household consumption expenditure (US$)
6.5.3 Total population
6.5.4 Urban and rural populations
6.5.5 Age distribution of the total population
7 Appendix
7.1 Methodology
7.2 Contact Timetric
7.3 About Timetric
7.4 Timetric's Services
7.5 Disclaimer


List of Tables
Table 1: Insurance Industry Definitions
Table 2: Swedish Insurance - Overall Written Premium by Segment (SEK Billion), 2008-2012
Table 3: Swedish Insurance - Overall Written Premium by Segment (US$ Billion), 2008-2012
Table 4: Swedish Insurance - Overall Written Premium by Segment (SEK Billion), 2012-2017
Table 5: Swedish Insurance - Overall Written Premium by Segment (US$ Billion), 2012-2017
Table 6: Swedish Insurance - Segmentation (Percentage Share), 2008-2017
Table 7: Swedish Reinsurance by Category (SEK Billion), 2008-2012
Table 8: Swedish Reinsurance by Category (US$ Billion), 2008-2012
Table 9: Swedish Reinsurance by Category (SEK Billion), 2012-2017
Table 10: Swedish Reinsurance by Category (US$ Billion), 2012-2017
Table 11: Swedish Premium Ceded to Reinsurance by Type of Insurance (SEK Billion), 2008-2012
Table 12: Swedish Premium Ceded to Reinsurance by Type of Insurance (US$ Billion), 2008-2012
Table 13: Swedish Premium Ceded to Reinsurance by Type of Insurance (SEK Billion), 2012-2017
Table 14: Swedish Premium Ceded to Reinsurance by Type of Insurance (US$ Billion), 2012-2017
Table 15: Swedish Life Insurance - Percentage of Reinsurance Ceded (%), 2008-2012
Table 16: Swedish Life Insurance - Percentage of Reinsurance Ceded (%), 2012-2017
Table 17: Swedish Non-Life Insurance - Percentage of Reinsurance Ceded (%), 2008-2012
Table 18: Swedish Non-Life Insurance - Percentage of Reinsurance Ceded (%), 2012-2017
Table 19: Swedish Persol Accident and Health Insurance - Percentage of Reinsurance Ceded (%), 2008-2012
Table 20: Swedish Persol Accident and Health Insurance - Percentage of Reinsurance Ceded (%), 2012-2017