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. 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.
This report aims to provide a comprehensive presentation of the global market for Reinsurance, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Reinsurance. This report contains market size and forecasts of Reinsurance in global, including the following market information:
Global Reinsurance Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Reinsurance market was valued at US$ 287960 million in 2022 and is projected to reach US$ 322400 million by 2029, at a CAGR of 1.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Reinsurance key players include Munich Re, Swiss Re, Berkshire Hathaway, Hannover Re, SCOR SE, etc. Global top five manufacturers hold a share about 50%. North America is the largest market, with a share about 45%, followed by Europe, with a share about 30 percent. In terms of product, P&C Reinsurance is the largest segment, with a share about 70%. And in terms of application, the largest application is Broker, followed by Direct Writing, etc.
Refined Reports Data (RRD) has surveyed the Reinsurance companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Reinsurance Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Reinsurance Market Segment Percentages, by Type, 2022 (%)
P&C Reinsurance
Life Reinsurance
Global Reinsurance Market, by Distribution Channel, 2018-2023, 2024-2029 ($ millions)
Global Reinsurance Market Segment Percentages, by Distribution Channel, 2022 (%)
Direct Writing
Broker
Global Reinsurance Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Reinsurance Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Reinsurance revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Reinsurance revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Munich Re
Swiss Re
Hannover Re
SCOR SE
Lloyd?s
Berkshire Hathaway
Great-West Lifeco
RGA
China RE
Korean Re
PartnerRe
GIC Re
Mapfre
Alleghany
Everest Re
XL Catlin
Maiden Re
Fairfax
AXIS
Mitsui Sumitomo
Sompo
Tokio Marine
Outline of Major Chapters:
Chapter 1: Introduces the definition of Reinsurance, market overview.
Chapter 2: Global Reinsurance market size in revenue.
Chapter 3: Detailed analysis of Reinsurance company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by distribution channel, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Reinsurance in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.

1 Introduction to Research & Analysis Reports
1.1 Reinsurance Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Distribution Channel
1.3 Global Reinsurance Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Reinsurance Overall Market Size
2.1 Global Reinsurance Market Size: 2022 VS 2029
2.2 Global Reinsurance Market Size, Prospects & Forecasts: 2018-2029
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Reinsurance Players in Global Market
3.2 Top Global Reinsurance Companies Ranked by Revenue
3.3 Global Reinsurance Revenue by Companies
3.4 Top 3 and Top 5 Reinsurance Companies in Global Market, by Revenue in 2022
3.5 Global Companies Reinsurance Product Type
3.6 Tier 1, Tier 2 and Tier 3 Reinsurance Players in Global Market
3.6.1 List of Global Tier 1 Reinsurance Companies
3.6.2 List of Global Tier 2 and Tier 3 Reinsurance Companies
4 Market Sights by Product
4.1 Overview
4.1.1 By Type - Global Reinsurance Market Size Markets, 2022 & 2029
4.1.2 P&C Reinsurance
4.1.3 Life Reinsurance
4.2 By Type - Global Reinsurance Revenue & Forecasts
4.2.1 By Type - Global Reinsurance Revenue, 2018-2023
4.2.2 By Type - Global Reinsurance Revenue, 2024-2029
4.2.3 By Type - Global Reinsurance Revenue Market Share, 2018-2029
5 Sights by Distribution Channel
5.1 Overview
5.1.1 By Distribution Channel - Global Reinsurance Market Size, 2022 & 2029
5.1.2 Direct Writing
5.1.3 Broker
5.2 By Distribution Channel - Global Reinsurance Revenue & Forecasts
5.2.1 By Distribution Channel - Global Reinsurance Revenue, 2018-2023
5.2.2 By Distribution Channel - Global Reinsurance Revenue, 2024-2029
5.2.3 By Distribution Channel - Global Reinsurance Revenue Market Share, 2018-2029
6 Sights by Region
6.1 By Region - Global Reinsurance Market Size, 2022 & 2029
6.2 By Region - Global Reinsurance Revenue & Forecasts
6.2.1 By Region - Global Reinsurance Revenue, 2018-2023
6.2.2 By Region - Global Reinsurance Revenue, 2024-2029
6.2.3 By Region - Global Reinsurance Revenue Market Share, 2018-2029
6.3 North America
6.3.1 By Country - North America Reinsurance Revenue, 2018-2029
6.3.2 US Reinsurance Market Size, 2018-2029
6.3.3 Canada Reinsurance Market Size, 2018-2029
6.3.4 Mexico Reinsurance Market Size, 2018-2029
6.4 Europe
6.4.1 By Country - Europe Reinsurance Revenue, 2018-2029
6.4.2 Germany Reinsurance Market Size, 2018-2029
6.4.3 France Reinsurance Market Size, 2018-2029
6.4.4 U.K. Reinsurance Market Size, 2018-2029
6.4.5 Italy Reinsurance Market Size, 2018-2029
6.4.6 Russia Reinsurance Market Size, 2018-2029
6.4.7 Nordic Countries Reinsurance Market Size, 2018-2029
6.4.8 Benelux Reinsurance Market Size, 2018-2029
6.5 Asia
6.5.1 By Region - Asia Reinsurance Revenue, 2018-2029
6.5.2 China Reinsurance Market Size, 2018-2029
6.5.3 Japan Reinsurance Market Size, 2018-2029
6.5.4 South Korea Reinsurance Market Size, 2018-2029
6.5.5 Southeast Asia Reinsurance Market Size, 2018-2029
6.5.6 India Reinsurance Market Size, 2018-2029
6.6 South America
6.6.1 By Country - South America Reinsurance Revenue, 2018-2029
6.6.2 Brazil Reinsurance Market Size, 2018-2029
6.6.3 Argentina Reinsurance Market Size, 2018-2029
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Reinsurance Revenue, 2018-2029
6.7.2 Turkey Reinsurance Market Size, 2018-2029
6.7.3 Israel Reinsurance Market Size, 2018-2029
6.7.4 Saudi Arabia Reinsurance Market Size, 2018-2029
6.7.5 UAE Reinsurance Market Size, 2018-2029
7 Reinsurance Companies Profiles
7.1 Munich Re
7.1.1 Munich Re Company Summary
7.1.2 Munich Re Business Overview
7.1.3 Munich Re Reinsurance Major Product Offerings
7.1.4 Munich Re Reinsurance Revenue in Global Market (2018-2023)
7.1.5 Munich Re Key News & Latest Developments
7.2 Swiss Re
7.2.1 Swiss Re Company Summary
7.2.2 Swiss Re Business Overview
7.2.3 Swiss Re Reinsurance Major Product Offerings
7.2.4 Swiss Re Reinsurance Revenue in Global Market (2018-2023)
7.2.5 Swiss Re Key News & Latest Developments
7.3 Hannover Re
7.3.1 Hannover Re Company Summary
7.3.2 Hannover Re Business Overview
7.3.3 Hannover Re Reinsurance Major Product Offerings
7.3.4 Hannover Re Reinsurance Revenue in Global Market (2018-2023)
7.3.5 Hannover Re Key News & Latest Developments
7.4 SCOR SE
7.4.1 SCOR SE Company Summary
7.4.2 SCOR SE Business Overview
7.4.3 SCOR SE Reinsurance Major Product Offerings
7.4.4 SCOR SE Reinsurance Revenue in Global Market (2018-2023)
7.4.5 SCOR SE Key News & Latest Developments
7.5 Lloyd?s
7.5.1 Lloyd?s Company Summary
7.5.2 Lloyd?s Business Overview
7.5.3 Lloyd?s Reinsurance Major Product Offerings
7.5.4 Lloyd?s Reinsurance Revenue in Global Market (2018-2023)
7.5.5 Lloyd?s Key News & Latest Developments
7.6 Berkshire Hathaway
7.6.1 Berkshire Hathaway Company Summary
7.6.2 Berkshire Hathaway Business Overview
7.6.3 Berkshire Hathaway Reinsurance Major Product Offerings
7.6.4 Berkshire Hathaway Reinsurance Revenue in Global Market (2018-2023)
7.6.5 Berkshire Hathaway Key News & Latest Developments
7.7 Great-West Lifeco
7.7.1 Great-West Lifeco Company Summary
7.7.2 Great-West Lifeco Business Overview
7.7.3 Great-West Lifeco Reinsurance Major Product Offerings
7.7.4 Great-West Lifeco Reinsurance Revenue in Global Market (2018-2023)
7.7.5 Great-West Lifeco Key News & Latest Developments
7.8 RGA
7.8.1 RGA Company Summary
7.8.2 RGA Business Overview
7.8.3 RGA Reinsurance Major Product Offerings
7.8.4 RGA Reinsurance Revenue in Global Market (2018-2023)
7.8.5 RGA Key News & Latest Developments
7.9 China RE
7.9.1 China RE Company Summary
7.9.2 China RE Business Overview
7.9.3 China RE Reinsurance Major Product Offerings
7.9.4 China RE Reinsurance Revenue in Global Market (2018-2023)
7.9.5 China RE Key News & Latest Developments
7.10 Korean Re
7.10.1 Korean Re Company Summary
7.10.2 Korean Re Business Overview
7.10.3 Korean Re Reinsurance Major Product Offerings
7.10.4 Korean Re Reinsurance Revenue in Global Market (2018-2023)
7.10.5 Korean Re Key News & Latest Developments
7.11 PartnerRe
7.11.1 PartnerRe Company Summary
7.11.2 PartnerRe Business Overview
7.11.3 PartnerRe Reinsurance Major Product Offerings
7.11.4 PartnerRe Reinsurance Revenue in Global Market (2018-2023)
7.11.5 PartnerRe Key News & Latest Developments
7.12 GIC Re
7.12.1 GIC Re Company Summary
7.12.2 GIC Re Business Overview
7.12.3 GIC Re Reinsurance Major Product Offerings
7.12.4 GIC Re Reinsurance Revenue in Global Market (2018-2023)
7.12.5 GIC Re Key News & Latest Developments
7.13 Mapfre
7.13.1 Mapfre Company Summary
7.13.2 Mapfre Business Overview
7.13.3 Mapfre Reinsurance Major Product Offerings
7.13.4 Mapfre Reinsurance Revenue in Global Market (2018-2023)
7.13.5 Mapfre Key News & Latest Developments
7.14 Alleghany
7.14.1 Alleghany Company Summary
7.14.2 Alleghany Business Overview
7.14.3 Alleghany Reinsurance Major Product Offerings
7.14.4 Alleghany Reinsurance Revenue in Global Market (2018-2023)
7.14.5 Alleghany Key News & Latest Developments
7.15 Everest Re
7.15.1 Everest Re Company Summary
7.15.2 Everest Re Business Overview
7.15.3 Everest Re Reinsurance Major Product Offerings
7.15.4 Everest Re Reinsurance Revenue in Global Market (2018-2023)
7.15.5 Everest Re Key News & Latest Developments
7.16 XL Catlin
7.16.1 XL Catlin Company Summary
7.16.2 XL Catlin Business Overview
7.16.3 XL Catlin Reinsurance Major Product Offerings
7.16.4 XL Catlin Reinsurance Revenue in Global Market (2018-2023)
7.16.5 XL Catlin Key News & Latest Developments
7.17 Maiden Re
7.17.1 Maiden Re Company Summary
7.17.2 Maiden Re Business Overview
7.17.3 Maiden Re Reinsurance Major Product Offerings
7.17.4 Maiden Re Reinsurance Revenue in Global Market (2018-2023)
7.17.5 Maiden Re Key News & Latest Developments
7.18 Fairfax
7.18.1 Fairfax Company Summary
7.18.2 Fairfax Business Overview
7.18.3 Fairfax Reinsurance Major Product Offerings
7.18.4 Fairfax Reinsurance Revenue in Global Market (2018-2023)
7.18.5 Fairfax Key News & Latest Developments
7.19 AXIS
7.19.1 AXIS Company Summary
7.19.2 AXIS Business Overview
7.19.3 AXIS Reinsurance Major Product Offerings
7.19.4 AXIS Reinsurance Revenue in Global Market (2018-2023)
7.19.5 AXIS Key News & Latest Developments
7.20 Mitsui Sumitomo
7.20.1 Mitsui Sumitomo Company Summary
7.20.2 Mitsui Sumitomo Business Overview
7.20.3 Mitsui Sumitomo Reinsurance Major Product Offerings
7.20.4 Mitsui Sumitomo Reinsurance Revenue in Global Market (2018-2023)
7.20.5 Mitsui Sumitomo Key News & Latest Developments
7.21 Sompo
7.21.1 Sompo Company Summary
7.21.2 Sompo Business Overview
7.21.3 Sompo Reinsurance Major Product Offerings
7.21.4 Sompo Reinsurance Revenue in Global Market (2018-2023)
7.21.5 Sompo Key News & Latest Developments
7.22 Tokio Marine
7.22.1 Tokio Marine Company Summary
7.22.2 Tokio Marine Business Overview
7.22.3 Tokio Marine Reinsurance Major Product Offerings
7.22.4 Tokio Marine Reinsurance Revenue in Global Market (2018-2023)
7.22.5 Tokio Marine Key News & Latest Developments
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer