Reinsurance in Germany to 2016: Market Databook by Timetric

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									Reinsurance in Germany to 2016:
Market Databook


Reference Code: IN1263DB
Published: July 2012




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TABLE OF CONTENTS

1         INTRODUCTION ...........................................................................................................5
    1.1      What is this Report About? .................................................................................................. 5
    1.2      Definitions ........................................................................................................................... 6
2         MARKET SIZE BY TYPE OF REINSURANCE ............................................................8
    2.1      Treaty Reinsurance ............................................................................................................. 8
    2.2      Treaty Reinsurance Forecast .............................................................................................. 9
    2.3      Facultative Reinsurance .................................................................................................... 10
    2.4      Facultative Reinsurance Forecast ..................................................................................... 11
    2.5      Other Types of Reinsurance ............................................................................................. 12
    2.6      Other Types of Reinsurance Forecast ............................................................................... 13
3         PERCENTAGE OF INSURANCE CEDED TO REINSURERS ...................................14
    3.1      Life Insurance (%) ............................................................................................................. 14
    3.2      Life Insurance Forecast (%) .............................................................................................. 15
    3.3      Non-Life Insurance (%) ..................................................................................................... 16
    3.4      Non-Life Insurance Forecast (%) ....................................................................................... 17
    3.5      Personal Accident & Healthcare (%) ................................................................................. 18
    3.6      Personal Accident & Healthcare Forecast (%) ................................................................... 19
4         APPENDIX ..................................................................................................................20
    4.1      Methodology ..................................................................................................................... 20
    4.2      Contact Us ........................................................................................................................ 20
    4.3      About Timetric ................................................................................................................... 20
    4.4      Disclaimer ......................................................................................................................... 22




Reinsurance in Germany to 2016: Market Databook
                                                                                                                                            Page 2
© Timetric. This product is licensed and is not to be photocopied
                                                                                                                             Published: July 2012
LIST OF TABLES

Table 1: Insurance Industry Definitions ................................................................................................................6
Table 2: German Reinsurance; Treaty Insurance (US$ Billion), 2007-2011 ........................................................8
Table 3: German Reinsurance; Treaty Insurance EUR Billion), 2007-2011 ........................................................8
Table 4: German Reinsurance; Treaty Insurance (US$ Billion), 2011-2016 ........................................................9
Table 5: German Reinsurance; Treaty Insurance (EUR Billion), 2011-2016 .......................................................9
Table 6: German Reinsurance; Facultative Insurance (US$ Billion), 2007-2011.............................................. 10
Table 7: German Reinsurance; Facultative Insurance (EUR Billion), 2007-2011 ............................................. 10
Table 8: German Reinsurance; Facultative Insurance (US$ Billion), 2011-2016.............................................. 11
Table 9: German Reinsurance; Facultative Insurance (EUR Billion), 2011-2016 ............................................. 11
Table 10: German Reinsurance; Other Types of Reinsurance (US$ Billion), 2007-2011 ................................. 12
Table 11: German Reinsurance; Other Types of Reinsurance (EUR Billion), 2007-2011 ................................ 12
Table 12: German Reinsurance; Other Types of Reinsurance (US$ Billion), 2011-2016 ................................. 13
Table 13: German Reinsurance; Other Types of Reinsurance (EUR Billion), 2011-2016 ................................ 13
Table 14: German Reinsurance; Percentage of Insurance Ceded to Reinsurers (%), 2007-2011 – Life
Insurance ........................................................................................................................................................... 14
Table 15: German Reinsurance; Percentage of Insurance Ceded to Reinsurers (%), 2011-2016 – Life
Insurance ........................................................................................................................................................... 15
Table 16: German Reinsurance; Percentage of Insurance Ceded to Reinsurers (%), 2007-2011 – Non-Life
Insurance ........................................................................................................................................................... 16
Table 17: German Reinsurance; Percentage of Insurance Ceded to Reinsurers (%), 2011-2016 – Non-Life
Insurance ........................................................................................................................................................... 17
Table 18: German Reinsurance; Percentage of Insurance Ceded to Reinsurers (%), 2007-2011 – Personal
Accident and Healthcare.................................................................................................................................... 18
Table 19: German Reinsurance; Percentage of Insurance Ceded to Reinsurers (%), 2011-2016 – Personal
Accident and Healthcare.................................................................................................................................... 19




Reinsurance in Germany to 2016: Market Databook
                                                                                                                                                             Page 3
© Timetric. This product is licensed and is not to be photocopied
                                                                                                                                            Published: July 2012
LIST OF FIGURES

Figure 1: German Reinsurance; Treaty Insurance (US$ Billion), 2007-2011.......................................................8
Figure 2: German Reinsurance; Treaty Insurance (US$ Billion), 2011-2016.......................................................9
Figure 3: German Reinsurance; Facultative Insurance (US$ Billion), 2007-2011 ............................................ 10
Figure 4: German Reinsurance; Facultative Insurance (US$ Billion), 2011-2016 ............................................ 11
Figure 5: German Reinsurance; Other Types of Reinsurance (US$ Billion), 2007-2011 ................................. 12
Figure 6: German Reinsurance; Facultative Insurance (US$ Billion), 2011-2016 ............................................ 13
Figure 7: German Reinsurance; Percentage of Insurance Ceded to Reinsurers (%), 2007-2011 – Life
Insurance ........................................................................................................................................................... 14
Figure 8: German Reinsurance; Percentage of Insurance Ceded to Reinsurers (%), 2011-2016 – Life
Insurance ........................................................................................................................................................... 15
Figure 9: German Reinsurance; Percentage of Insurance Ceded to Reinsurers (%), 2007-2011 – Non-Life
Insurance ........................................................................................................................................................... 16
Figure 10: German Reinsurance; Percentage of Insurance Ceded to Reinsurers (%), 2011-2016 – Non-Life
Insurance ........................................................................................................................................................... 17
Figure 11: German Reinsurance; Percentage of Insurance Ceded to Reinsurers (%), 2007-2011 – Personal
Accident and Healthcare.................................................................................................................................... 18
Figure 12: German Reinsurance; Percentage of Insurance Ceded to Reinsurers (%), 2011-2016 – Personal
Accident and Healthcare.................................................................................................................................... 19




Reinsurance in Germany to 2016: Market Databook
                                                                                                                                                             Page 4
© Timetric. This product is licensed and is not to be photocopied
                                                                                                                                            Published: July 2012
1 INTRODUCTION

1.1    What is this Report About?

       This report is the result of extensive research into the reinsurance market in Germany, providing historic
       and forecast data which includes:

                 Market Size by Type of Reinsurance
                    o Treaty Reinsurance
                    o Facultative Reinsurance
                    o Other types of reinsurance

                 Percentage of Insurance Ceded to Reinsurers
                     o Life Insurance
                     o Non-Life Insurance
                     o Personal Accident and Healthcare Insurance




Reinsurance in Germany to 2016: Market Databook
                                                                                                           Page 5
© Timetric. This product is licensed and is not to be photocopied
                                                                                              Published: July 2012
1.2    Definitions

       All data is collected in local currency. All conversions into US dollars (US$) of current and forecast data
       are made at the 2011 average annual conversion rate. All values in tables are displayed to one or two
       decimal places. The compound annual growth rate (CAGR) values are displayed to two decimal places
       at all places. As such, growth rates may appear inconsistent with absolute values due to rounding.

       For the purposes of this report, the review period is 2007–2011 and the forecast period is 2012–2016.

       The key insurance industry terms covered in the report are defined below:


       Table 1: Insurance Industry Definitions
        Term                    Definition

                                Bancassurance is the partnership between a bank and an insurance company in which the insurance
        Bancassurance
                                company uses the bank sales channel to sell insurance products.

                                Ceding company is the primary insurer which transfers some of its insurance risk by ceding a certain
        Ceding Company
                                portion of its total written premium through an insurance contract.

                                Incurred loss is the sum of claims paid by an insurance company and the change in the provision for
        Incurred Loss
                                outstanding claims, irrespective of whether or not they have been reported.

        Claims Ratio            Claims ratio is claims payable as a percentage of premium income.

                                Commission and Expenses is the sum of acquisition costs and administrative costs. Acquisition cost is a
        Commission and
                                certain percentage of premium produced that is retained as compensation by insurance agents and
        Expenses
                                brokers.

        Comprehensive loss
    
								
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