Boston, MA -- (ReleaseWire) -- 03/14/2014 -- The reinsurance segment in Finland is dominated by foreign reinsurers. In terms of written premium, the country's reinsurance segment grew from EUR134.0 million (US$196.2 million) in 2008 to EUR149.0 million (US$191.6 million) in 2012, at a compound annual growth rate (CAGR) of 2.7% during the review period (2008-2012). This gross written premium is expected to grow at a CAGR of 2.1% during the forecast period (2012-2017) to reach a value of EUR165.1 million (US$210.7 million) in 2017.
- The reinsurance segment in Finland is dominated by foreign reinsurers.
- The non-life insurance segment accounted for the entire premium ceded to the reinsurance segment during the review period.
- Treaty reinsurance accounts for the entire premium ceded to the reinsurance segment.
- LocalTapiola General Mutual Insurance Company is the largest reinsurer in the Finnish reinsurance segment, accounting for a 33.8% share of total reinsurance written premiums in 2012.
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This report provides a comprehensive analysis of the reinsurance segment in Finland:
- It provides historical values for Finland's reinsurance segment for the report's 2008-2012 review period and expected figures for the 2012-2017 forecast period.
- It offers a detailed analysis of the key sub-segments in Finland's reinsurance segment, along with market forecasts until 2017.
- It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in Finland and its growth prospects.
Reasons to Get This Report
- Make strategic business decisions using in-depth historic and forecast market data related to the Finnish reinsurance segment and each sector within it
- Understand the demand-side dynamics, key market trends and growth opportunities within the Finnish reinsurance segment
- Identify the growth opportunities and market dynamics within key product categories
- Gain insights into key regulations governing the Finnish insurance industry and its impact on companies and the market's future
Companies Mentioned in this Report: LocalTapiola Mutual Pension Insurance Company, Pohjola Insurance Ltd, If P&C Insurance Company Ltd, Local Insurance Mutual Company, Redarnas Omsesidiga Forsakringsbolag, Mandatum Life Insurance Company Ltd, Retro Life Assurance Company Ltd, Keskinainen Vakuutusyhtio Palonvara, Fennia Mutual Insurance Company
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