Reinsurance in Vietnam, Key Trends and Opportunities to 2019

Synopsis
Timetric's 'Reinsurance in Vietnam, Key Trends and Opportunities to 2019' report provides detailed analysis of the market trends, drivers and challenges in the Vietnamese 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 Vietnamese economy and demographics, and provides detailed analysis of natural hazards and their impact on the Vietnamese 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 Vietnam, Key Trends and Opportunities to 2019' report provides in-depth market analysis, information and insights into the Vietnamese reinsurance segment, including:

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

 A comprehensive overview of the Vietnamese economy and demographics 

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

 The competitive landscape in the Vietnamese reinsurance segment

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

 It provides historical values for the Vietnamese 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 Vietnamese reinsurance segment, and market forecasts to 2019.

 It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in Vietnam, 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 Vietnamese reinsurance segment, and each category within it.

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

 Identify growth opportunities and market dynamics in key product categories.

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

Key Highlights
 The number of dedicated reinsurers increased from one to two in 2011, although some of the country's larger insurers, such as Bao Viet and Bao Minh, conducted their own reinsurance operations. 

 The frequency of natural disasters and high-cost assets, such as oil rigs, prompted insurers to increase the percentage of premium ceded to reinsurers. 

 The premium accepted by the reinsurance segment is expected to increase at a forecast-period CAGR of 13.7%.

 The percentage of reinsurance ceded by the non-life segment increased from 39.0% in 2010 to 40.7% in 2014.

 Domestic reinsurer Vinare dominates Vietnam's reinsurance segment. However, a new reinsurance company, PVI Re, entered the segment in 2011.