Synopsis
Timetric’s 'Reinsurance in Norway Key Trends and Opportunities to 2020' report provides a detailed analysis of the market trends, drivers and challenges in the Norwegian 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 country's competitive landscape, provides a comprehensive overview of the Norwegian economy and demographics, and details natural hazards and their impact on the Norwegian 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.
Scope
This report provides a comprehensive analysis of the reinsurance segment in Norway:
• It provides historical values for the Norwegian 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 Norwegian reinsurance segment, and market forecasts to 2020.
• It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in Norway, and the reinsurance segment's growth prospects.
• It analyzes various natural and man-made hazards and their impact on the Norwegian insurance industry.
Summary
Timetric’s ' Reinsurance in Norway, Key Trends and Opportunities to 2020' report provides in-depth market analysis, information and insights into the Norwegian reinsurance segment, including:
• The Norwegian reinsurance segment’s growth prospects by reinsurance ceded from direct insurance
• A comprehensive overview of the Norwegian economy and demographics
• Detailed analysis of natural hazards and their impact on the Norwegian insurance industry
• The competitive landscape in the Norwegian reinsurance segment
Reasons To Buy
• Make strategic business decisions using in-depth historic and forecast market data related to the Norwegian reinsurance segment, and each category within it
• Understand the demand-side dynamics, key market trends and growth opportunities in the Norwegian reinsurance segment
• Identify growth opportunities and market dynamics in key product categories
• Gain insight into key regulations governing the Norwegian insurance industry, and their impact on companies and the industry's future
Key highlights
• Norwegian insurers share risk with reinsurers to avoid losses mainly due to natural disasters and maritime accidents.
• Despite persistent soft market conditions the premium ceded by primary insurance segments registered positive growth during the review period.
• Solvency ll regulations and reinsurance cover against natural disasters, the presence of heavy industries and acts of terrorism – particularly in the aviation, marine and transport industries – are expected to support reinsurance segment growth over the forecast period.
• The Norwegian reinsurance segment is competitive, with the presence of foreign reinsurers operating through branch offices. Insurers also cede within their holding company.
Table Of Contents
1 Key Facts and Highlights
2 Executive Summary
3 Economy and Demographics
4 Reinsurance outlook
4.1 Reinsurance Segment Size by Premium Ceded, 2011-2020
5 Natural Hazards
5.1 Flooding
5.2 Storms
5.3 Avalanche
5.4 Landslides
5.5 Wildfires
5.6 Exposure
6 Competitive Landscape
7 Definition and Methodology
7.1 Definitions
7.2 Methodology
8 About Timetric
8.1 Contact Timetric
8.2 About Timetric
8.3 Timetric’s Services
8.4 Disclaimer
Show less …
List Of Tables
Table 1: Norwegian Reinsurance - Key Facts, 2015
Table 2: Norwegian Government Credit Ratings
Table 3: Norwegian Reinsurance - Premium Ceded by Type of Insurance (NOK Billion), 2011-2015
Table 4: Norwegian Reinsurance - Premium Ceded by Type of Insurance (NOK Billion), 2015-2020
Table 5: Norwegian Life Insurance - Percentage of Reinsurance Ceded (%), 2011-2015
Table 6: Norwegian Life Insurance - Percentage of Reinsurance Ceded (%), 2015-2020
Table 7: Norwegian Non-Life Insurance - Percentage of Reinsurance Ceded (%), 2011-2015
Table 8: Norwegian Non-Life Insurance - Percentage of Reinsurance Ceded (%), 2015-2020
Table 9: Norwegian Personal Accident and Health Insurance - Percentage of Reinsurance Ceded (%), 2011-2015
Table 10: Norwegian Personal Accident and Health Insurance - Percentage of Reinsurance Ceded (%), 2015-2020
Table 11: Norwegian Average Annual Loss by Hazard, 1990-2014
Table 12: Insurance Industry Definitions
List Of Figures
Figure 1: Norwegian Real GDP (NOK Trillion), 2011-2020
Figure 2: Norwegian NOK-US$ Exchange Rate, 2011-2020
Figure 3: Norwegian Consumer Price Inflation (%), 2011-2020
Figure 4: Norwegian Current Account Balance as Percentage of GDP (%), 2011-2015
Figure 5: Norwegian Unemployment Rate (%), 2011-2020
Figure 6: Norwegian Population by Age Group, 1991-2025
Figure 7: Norwegian Reinsurance - Premium Ceded by Type of Insurance (NOK Billion), 2011-2020
Figure 8: Norwegian Reinsurance - Premium Ceded Dynamics by Type of Insurance, 2011-2020
Figure 9: Norwegian Life Insurance - Percentage of Reinsurance Ceded (%), 2011-2020
Figure 10: Norwegian Non-Life Insurance - Percentage of Reinsurance Ceded (%), 2011-2020
Figure 11: Norwegian Personal Accident and Health Insurance - Percentage of Reinsurance Ceded (%), 2011-2020
Figure 12: Norwegian - Frequency of Hazards by Type, 1990-2014
Figure 13: Norwegian Mortality by Hazards Type, 1990-2014
Figure 14: Norwegian Economic Loss by Hazards Type, 1990-2014
