Reinsurance in the UK, Key Trends and Opportunities to 2018

Published: Jul, 2014 | Pages: 80 | Publisher: Timetric
Industry: Insurance | Report Format: Electronic (PDF)


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

Summary
The UK reinsurance segment grew at a review-period (2009?2013) compound annual growth rate (CAGR) of 0.7%. The treaty reinsurance category accounted for 55.0% of the total reinsurance written premium in 2013, followed by the facultative reinsurance category with the remaining 45.0%. Growth in the segment was mainly due to the changes in the regulator, government-sponsored infrastructure projects, and a rise in insurance frauds and claims, as more insurers are expected to take up reinsurance to cover claims. Growth was supported by the reinsurance ceded for large infrastructure projects and natural disaster protection. The segment's written premium value is subsequently projected to post a forecast-period (2013?2018) CAGR of 1.1%. 
Scope
This report provides a comprehensive analysis of the reinsurance segment in the UK:
It provides historical values for the UK's 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 UK's reinsurance segment, along with market forecasts until 2018.
It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in the UK and its growth prospects.  
Reason To Buy
 Make strategic business decisions using in depth historic and forecast market data related to the UK reinsurance segment and each sector within it
Understand the demand-side dynamics, key market trends and growth opportunities within the UK reinsurance segment
Identify the growth opportunities and market dynamics within key product categories
Gain insights into key regulations governing the UK insurance industry and its impact on companies and the market's future 
Key Highlights
 The UK's reinsurance segment grew at a review-period CAGR of 0.7%.
The country's insurance industry is the largest in Europe and the third-largest in the world, accounting 6.3% of the global gross written premium in 2012.
Growth in the reinsurance segment was mainly due to changes in the regulator, government-sponsored infrastructure projects, and a rise in insurance frauds and claims.
The UK reinsurance segment is one of the most developed and fastest-recovering segments in Europe.

 1 Executive Summary
2 Introduction
2.1 What is this Report About?
2.2 Definitions
2.3 Methodology
3 UK Insurance Industry Attractiveness
3.1 Insurance Industry Size, 2009-2018
4 Reinsurance Growth Dymics and Challenges
4.1 Reinsurance Segment Size, 2009-2018
4.2 Reinsurance Segment Size by Type of Insurance, 2009-2018
5 Key Industry Trends and Drivers
5.1 Fundamental Business Drivers
5.2 Life Insurance Drivers
5.3 Non-Life Insurance Drivers
5.4 Persol Accident and Health Insurance Drivers
6 Competitive Landscape and Strategic Insights
6.1 Overview
6.2 Leading Companies in the UK Reinsurance Segment
6.3 Munich Reinsurance Co. - Company Overview
6.3.1 Munich Reinsurance Co. - key facts
6.4 Swiss Reinsurance Company UK Ltd - Company Overview
6.4.1 Swiss Reinsurance Company UK Ltd - key facts
6.5 Hannover Re Group - Company Overview
6.5.1 Hannover Re Group - key facts
6.6 Society of Lloyd's - Company Overview
6.6.1 Society of Lloyd's - key facts
6.7 SCOR Global Life Reinsurance UK Ltd�- Company Overview
6.7.1 SCOR Global Life Reinsurance UK Ltd�- key facts
6.8 Partner Reinsurance Ltd�- Company Overview
6.8.1 Partner Reinsurance Ltd - key facts
6.9 Allianz Global Reinsurance - Company Overview
6.9.1 Allianz Global Reinsurance - key facts
7 Business Environment and Country Risk
7.1 Business Confidence
7.1.1 Market capitalization trend - London Stock Exchange, UK
7.2 Economic Performance
7.2.1 GDP at constant prices (US$)
7.2.2 GDP per capita at constant prices (US$)
7.2.3 GDP at current prices (US$)
7.2.4 GDP per capita at current prices (US$)
7.2.5 GDP by key segments
7.2.6 Agriculture, hunting, forestry and fishing net output at current prices (US$)
7.2.7 Agriculture, hunting, forestry and fishing net output at current prices as a percentage of GDP
7.2.8 Manufacturing net output at current prices (US$)
7.2.9 Manufacturing net output at current prices as a percentage of GDP
7.2.10 Mining, manufacturing and utilities at current prices (US$)
7.2.11 Mining, manufacturing and utilities at current prices as percentage of GDP
7.2.12 Construction net output at current prices, (US$)
7.2.13 Construction net output at current prices as a percentage of GDP
7.2.14 Inflation rate
7.2.15 Exports as a percentage of GDP
7.2.16 Imports as a percentage of GDP
7.2.17 Merchandise Exports growth
7.2.18 Merchandise Imports growth
7.2.19 Annual average exchange rate GBP-US$
7.3 Infrastructure
7.3.1 Commercial vehicles exports - total value
7.3.2 Commercial vehicles imports - total value
7.3.3 Automotive exports - total value
7.3.4 Automotive imports - total value
7.3.5 Total internet subscribers
7.4 Labor Force
7.4.1 Unemployment rate
7.5 Demographics
7.5.1 Gross tiol disposable income (US$)
7.5.2 Household consumption expenditure (US$)
7.5.3 Total population
7.5.4 Urban and rural populations
7.5.5 Age distribution of the total population
8 Appendix
8.1 Methodology
8.2 Contact Timetric
8.3 About Timetric
8.4 Timetric's Services
8.5 Disclaimer


List of Tables
Table 1: Insurance Industry Definitions
Table 2: UK Insurance - Gross Written Premium by Segment (GBP Billion), 2009-2013
Table 3: UK Insurance - Gross Written Premium by Segment (US$ Billion), 2009-2013
Table 4: UK Insurance - Gross Written Premium by Segment (GBP Billion), 2013-2018
Table 5: UK Insurance - Gross Written Premium by Segment (US$ Billion), 2013-2018
Table 6: UK Insurance - Segmentation, Gross Written Premium (Percentage Share), 2009-2018
Table 7: UK Insurance - Direct Written Premium by Segment (GBP Billion), 2009-2013
Table 8: UK Insurance - Direct Written Premium by Segment (US$ Billion), 2009-2013
Table 9: UK Insurance - Direct Written Premium by Segment (GBP Billion), 2013-2018
Table 10: UK Insurance - Direct Written Premium by Segment (US$ Billion), 2013-2018
Table 11: UK Insurance - Segmentation, Direct Written Premium (Percentage Share), 2009-2018
Table 12: UK Reinsurance - Premium Accepted by Category (GBP Billion), 2009-2013
Table 13: UK Reinsurance - Premium Accepted by Category (US$ Billion), 2009-2013
Table 14: UK Reinsurance - Premium Accepted by Category (GBP Billion), 2013-2018
Table 15: UK Reinsurance - Premium Accepted by Category (US$ Billion), 2013-2018
Table 16: UK Reinsurance - Premium Ceded by Type of Insurance (GBP Billion), 2009-2013
Table 17: UK Reinsurance - Premium Ceded by Type of Insurance (US$ Billion), 2009-2013
Table 18: UK Reinsurance - Premium Ceded by Type of Insurance (GBP Billion), 2013-2018
Table 19: UK Reinsurance - Premium Ceded by Type of Insurance (US$ Billion), 2013-2018
Table 20: UK Life Insurance - Percentage of Reinsurance Ceded (%), 2009-2013
Table 21: UK Life Insurance - Percentage of Reinsurance Ceded (%), 2013-2018
Table 22: UK Non-Life Insurance - Percentage of Reinsurance Ceded, 2009-2013
Table 23: UK Non-Life Insurance - Percentage of Reinsurance Ceded, 2013-2018
Table 24: UK Persol Accident and Health Insurance - Percentage of Reinsurance Ceded (%), 2009-2013
Table 25: UK Persol Accident and Health Insurance - Percentage of Reinsurance Ceded (%), 2013-2018
Table 26: Companies in the UK Reinsurance Segment, 2012
Table 27: Munich Reinsurance Co., Key Facts
Table 28: Swiss Reinsurance Company UK Ltd, Key Facts
Table 29: Hannover Re Group, Key Facts
Table 30: Society of Lloyd's, Key Facts
Table 31: SCOR Global Life Reinsurance UK Ltd�, Key Facts
Table 32: Partner Reinsurance Ltd, Key Facts
Table 33: Allianz Global Reinsurance, Key Facts