Denmark Reinsurance Market to 2018 - Key drivers

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Summary

The report provides in-depth market analysis, information and insights into the Denmark Reinsurance segment, including:

• The Danish reinsurance segment's growth prospects by reinsurance category
• Key drivers for the reinsurance segment
• Danish reinsurance segment's growth prospects by reinsurance ceded from direct insurance
• The competitive landscape in the Danish reinsurance segment

Synopsis

The Danish reinsurance segment is small, and insurers operating in the country cede a low percentage of their premium to reinsurers. Natural disasters such as floods and storms increased insurers' dependence on reinsurers during the review period (2009-2013), and the reinsurance written premium stood at DKK0.7 billion (US$0.1 billion) in 2013. The segment's growth was driven by the robust performance of direct insurers, and exposure to natural disaster-related risk, encouraging some insurers to cede a higher proportion of their premium with reinsurers. However, facultative reinsurance was discontinued in 2013, with only treaty reinsurance available for insurers operating in Denmark.

The Danish personal accident and health insurance segment ceded the highest percentage of its written premium to reinsurance in 2013 with 25.2%, while the non-life segment ceded 25.1% and the life segment ceded 5.6%.
The implementation of Solvency II in January 2016 will also make smaller insurers more dependent on reinsurers in order to meet new minimum capital requirements.

Complete reports is available @ http://marketreportsstore.com/reinsurance-in-denmark-key-trends-and-opportunities-to-2018/ .

Scope

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

• It provides historical values for Denmark's reinsurance segment for the report's 2009-2013 review period, and projected figures for the 2013-2018 forecast period.
• It offers a detailed analysis of the key categories in Denmark's reinsurance segment, along with market forecasts until 2018.
• It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in Danish and its growth prospects.

Reasons To Buy

• Make strategic business decisions using in-depth historic and forecast market data related to the Danish reinsurance segment and each sector within it
• Understand the demand-side dynamics, key market trends and growth opportunities in the Danish reinsurance segment
• Identify the growth opportunities and market dynamics in key product categories
• Gain insights into key regulations governing the Danish insurance industry, and their impact on companies and the industry's future

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Key Highlights

• The Danish reinsurance segment is small, and insurers operating in the country cede a low percentage of their premium to reinsurers.
• Natural disasters such as floods and storms increased insurers' dependence on reinsurers during the review period.
• Facultative reinsurance was discontinued in 2013, with only treaty reinsurance available for insurers operating in Denmark.
• The Danish personal accident and health insurance segment ceded the highest percentage of its written premium to reinsurance in 2013.
• The implementation of Solvency II in January 2016 will also make smaller insurers more dependent on reinsurers in order to meet new minimum capital requirements.

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