Friday, March 28, 2014

Market Overview-2017-Reinsurance In Cyprus-Market Growth, Key Trends,Strategies And Opportunities

New Market Research Report Added in MarketResearchReports.Biz Reports Database:Reinsurance In Cyprus, Key Trends And Opportunities To 2017

The report provides in depth market analysis, information and insights into the Cypriot reinsurance segment, including:

•    The Cypriot reinsurance segment's growth prospects by reinsurance categories
•    Key trends and drivers for the reinsurance segment
•    The Cypriot reinsurance segment’s growth prospects by reinsurance ceded from direct insurance segments
•    The competitive landscape in the Cypriot reinsurance segment

Browse Full Report With TOC: http://www.marketresearchreports.biz/analysis-details/reinsurance-in-cyprus-key-trends-and-opportunities-to-2017 

Executive summary

The Cypriot reinsurance segment registered a compound annual growth rate (CAGR) of 8.1% during the review period (2008–2012). The primary application of reinsurance in Cyprus is to manage exposure to weather-related events. Although not particularly vulnerable to natural disasters, Cyprus is highly exposed to floods, storms, extreme temperatures and earthquakes. The majority of reinsurance revenues are generated from the non-life segment, which ceded an average of 35.0% of its written premium during the review period, compared with 11.8% and 24.8% for the life and personal accident and health segments. A decline in economic activities has kept industrial, commercial and private insurance property rates almost flat. Motor insurance rates also came under pressure due to a sharp drop in demand in the automobile sector. The implementation of infrastructure projects such as oil and gas, and leisure-related projects will support demand for reinsurance over the forecast period.

Scope

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

•    It provides historical values for Cyprus’s reinsurance segment for the report’s 2008–2012 review period and projected figures for the 2012–2017 forecast period.
•    It offers a detailed analysis of the key sub-segments in Cyprus’s reinsurance segment, along with market forecasts until 2017.
•    It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in Cyprus and its growth prospects.

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Reasons to buy

•    Make strategic business decisions using in-depth historic and forecast market data related to the Cypriot reinsurance segment and each sector within it
•    Understand the demand-side dynamics, key market trends and growth opportunities within the Cypriot reinsurance segment
•    Identify the growth opportunities and market dynamics within key product categories
•    Gain insights into key regulations governing the Cypriot insurance industry and its impact on companies and the market's future

Key highlights


•    The Cypriot reinsurance segment registered a compound annual growth rate (CAGR) of 8.1% during the review period
•    The primary application of reinsurance in the Cyprus is to manage exposure to weather-related events
•    The Cypriot insurance and reinsurance segment is highly competitive, with numerous domestic and foreign insurers operating on the island
•    The absence of any major natural disasters, coupled with stable capacity, meant that Cypriot reinsurance renewal rates remained almost flat

To Read Complete Report with TOC:
http://www.marketresearchreports.biz/analysis/192671

Table of contents

1 Executive Summary

2 Introduction
2.1 What is this Report About?
2.2 Definitions
2.3 Methodology

3 Cypriot Insurance Industry Attractiveness
3.1 Insurance Industry Size, 2008–2017

4 Reinsurance Growth Dynamics and Challenges
4.1 Reinsurance Segment Size, 2008–2017

5 Key Industry Trends and Drivers
5.1 Fundamental Business Drivers
5.2 Life Insurance Segment Drivers
5.3 Non-Life Insurance Segment Drivers
5.4 Personal Accident and Health Insurance Segment Drivers


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