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Category: Business and Industry
Date Submitted: 12/14/2014 10:01 PM
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Reinsurance in Belgium Key Trends and Opportunities to 2018
Synopsis
The report provides in-depth market analysis, information and insights into the Belgian reinsurance segment, including:
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The Belgian reinsurance segment's growth prospects by reinsurance category
Key trends and drivers for the reinsurance segment
The Belgian reinsurance segment’s growth prospects by reinsurance ceded from direct insurance
The competitive landscape in the Belgian reinsurance segment
Executive summary
The gross written premium of the Belgian reinsurance segment increased at a CAGR of 1.9% during the review period (2009–2013). The global financial crisis in 2009 and rising sovereign debt in the country and other EU member states kept growth subdued.
Solvency II legislation is a fundamental reform of capital adequacy requirements and risk management, and is expected to be a framework for insurance regulation worldwide. It is currently scheduled for implementation by EU member states, including Belgium, in January 2016. The directive is projected to lead to higher capital requirements, forcing firms to seek help from reinsurers. Such initiatives are expected to drive growth in the Belgian reinsurance segment over the forecast period (2013–2018).
Scope
This report provides a comprehensive analysis of the reinsurance segment in Belgium:
It provides historical values for Belgium’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 Belgium’s reinsurance segment, along with market forecasts until 2018.
It provides a detailed analysis...