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May 21, 2019 2:22 AM ET

Global Marine Reinsurance Market: Industry Size, Growth, Analysis and Forecast of 2025

iCrowd Newswire - May 21, 2019

Global Marine Reinsurance Industry

New Study On “2019-2025 Marine Reinsurance Market Global Key Player, Demand, Growth, Opportunities and Analysis Forecast” Added to Wise Guy Reports Database

Reinsurance, also known as insurance for insurers or stop-loss insurance, is the practice of insurers transferring portions of risk portfolios to other parties by some form of agreement to reduce the likelihood of paying a large obligation resulting from an insurance claim. The party that diversifies its insurance portfolio is known as the ceding party. The party that accepts a portion of the potential obligation in exchange for a share of the insurance premium is known as the reinsurer.

Reinsurance allows insurers to remain solvent by recovering some or all of amounts paid to claimants. Reinsurance reduces net liability on individual risks and catastrophe protection from large or multiple losses. It also provides ceding companies the capacity to increase their underwriting capabilities in terms of the number and size of risks.

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This report focuses on the global Marine Reinsurance status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Marine Reinsurance development in United States, Europe and China.

The key players covered in this study 
Swiss Re 
Munich Re 
Hannover Re 
Berkshire Hathaway 
China RE 
Korean Re 
Everest Re 
Maiden Re 
Mitsui Sumitomo 
Tokio Marine

By covering the insurer against accumulated individual commitments, reinsurance gives the insurer more security for its equity and solvency and more stable results when unusual and major events occur. Insurers may underwrite policies covering a larger quantity or volume of risks without excessively raising administrative costs to cover their solvency margins. In addition, reinsurance makes substantial liquid assets available for insurers in case of exceptional losses.

Marine insurance covers the loss or damage of ships, cargo, terminals, and any transport by which the property is transferred, acquired, or held between the points of origin and the final destination. Cargo insurance is the sub-branch of marine insurance, though Marine insurance also includes Onshore and Offshore exposed property, (container terminals, ports, oil platforms, pipelines), Hull, Marine Casualty, and Marine Liability.

In 2018, the global Marine Reinsurance market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.

Market segment by Type, the product can be split into 
Proportional Reinsurance 
Non-proportional Reinsurance

Market segment by Application, split into 
Hull and Machinery 
Offshore Energy 
Inland Marine 
Marine War 

Market segment by Regions/Countries, this report covers 
United States 
Southeast Asia 
Central & South America

The study objectives of this report are: 
To analyze global Marine Reinsurance status, future forecast, growth opportunity, key market and key players.
To present the Marine Reinsurance development in United States, Europe and China. 
To strategically profile the key players and comprehensively analyze their development plan and strategies. 
To define, describe and forecast the market by product type, market and key regions.

For Detailed Reading Please visit WiseGuy Reports @  https://www.wiseguyreports.com/reports/4038266-global-marine-reinsurance-market-size-status-and-forecast-2019-2025

Some Major Points from Table of content:

1 Report Overview

2 Global Growth Trends

3 Market Share by Key Players

4 Breakdown Data by Type and Application

5 United States

6 Europe

7 China

8 Japan

9 Southeast Asia

10 India

11 Central & South America

12 International Players Profiles

13 Market Forecast 2019-2025

14 Analyst’s Viewpoints/Conclusions

15 Appendix


For more information or any query mail at [email protected]

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