During the past five years, the industry battled with decreasing investment income and spiking claims from natural disasters and other catastrophes. While these factors resulted in declining revenue and narrow profit margins, reinsurance carriers face a brighter future. As the US economy continues to strengthen, operators will benefit from increased investment income and improved financial markets over the five years to 2019. Moreover, rising premiums will enable operators to increase profitability.
Companies in this industry specialize in assuming all or part of the risk associated with existing insurance policies originally underwritten by other insurance carriers. In other words, the primary business of participants in this industry is insuring insurance companies.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.