Reinsurance in Spain, Key Trends and Opportunities to 2020

Synopsis
Timetric's 'Reinsurance in Spain, Key Trends and Opportunities to 2020' report provides detailed analysis of the market trends, drivers and challenges in the Spanish reinsurance segment. 

It provides values for key performance indicators such as written premium, reinsurance ceded and reinsurance accepted during the review period (2011-2015) and forecast period (2015-2020).

The report also analyses information pertaining to the competitive landscape in the country, gives a comprehensive overview of the Spanish economy and demographics, and provides detailed analysis of natural hazards and their impact on the Spanish insurance industry. 

The report brings together Timetric's research, modeling and analysis expertise to enable reinsurers to identify segment dynamics and competitive advantages, and access profiles of reinsurers operating in the country.

Summary
Timetric's 'Reinsurance in Spain, Key Trends and Opportunities to 2020' report provides in-depth market analysis, information and insights into the Spanish reinsurance segment, including:

• The outlook for the Spanish reinsurance segment

• A comprehensive overview of the Spanish economy and demographics 

• Detailed analysis of natural hazards and their impact on the Spanish insurance industry

• The competitive landscape in the Spanish reinsurance segment 

Scope
This report provides a comprehensive analysis of the reinsurance segment in Spain:

• It provides historical values for the Spanish reinsurance segment for the report's 2011-2015 review period, and projected figures for the 2015-2020 forecast period.

• It offers a detailed analysis of the key categories in the Spanish reinsurance segment, and market forecasts to 2020.

• It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in Spain, and the reinsurance segment's growth prospects.

• It analyzes various natural hazards and their impact on the Spain insurance industry


Reasons To Buy
• Make strategic business decisions using in-depth historic and forecast market data related to the Spanish reinsurance segment, and each category within it.

• Understand the demand-side dynamics, key market trends and growth opportunities in the Spanish reinsurance segment.

• Identify growth opportunities and market dynamics in key product categories.

• Gain insights into key regulations governing the Spanish insurance industry, and their impact on companies and the industry's future.

Key Highlights
• The reinsurance segment's growth was restricted by state-run insurance pools, which cover a significant proportion of the losses incurred due to natural, nuclear and socio-political events. 


• The increasing prevalence of alternative risk-transfer instruments also contributed to persistent soft market conditions.


• The implementation of Solvency II has forced insurers to maintain higher capital. Solvency II has introduced new risk-management standards for insurers.


• Solvency ll regulations, reinsurance cover against natural disasters, the presence of heavy industries and acts of terrorism are expected to support growth in the Spanish reinsurance segment over the forecast period.