60%
le GIC Re has been playing a key role in the Indian reinsurance market and able to maintain about 60% share in the Indian reinsurance market. 1 2 3 4 5 Reinsurance is the foundation for economic
503.73 billion
- catastrophe 6 Global Scenario The global reinsurance market size is expected to grow from $503.73 billion in CAGR 2010-20 2020 Gross Written Premium* growth, by region 2021 to $812.37 billion in 2026
812.37 billion
row from $503.73 billion in CAGR 2010-20 2020 Gross Written Premium* growth, by region 2021 to $812.37 billion in 2026 Reinsurance rates increased moderately in 1.60% 5.3% January renewals in 2022
1.60%
ium* growth, by region 2021 to $812.37 billion in 2026 Reinsurance rates increased moderately in 1.60% 5.3% January renewals in 2022 A.M. Best has maintained its stable outlook for the glob
5.3%
owth, by region 2021 to $812.37 billion in 2026 Reinsurance rates increased moderately in 1.60% 5.3% January renewals in 2022 A.M. Best has maintained its stable outlook for the global rei
9.0%
osses expected as a result of the pandemic, there is potential for further price increases 9.0% 2.90% 8.9% 7.9% -0.6% -7.70% 1.3% 1.5% 1.2% 2.6% 3.1% -2.40% -2.10% -5.10% 5.6% 4.6%
2.90%
expected as a result of the pandemic, there is potential for further price increases 9.0% 2.90% 8.9% 7.9% -0.6% -7.70% 1.3% 1.5% 1.2% 2.6% 3.1% -2.40% -2.10% -5.10% 5.6% 4.6% 4.8%
8.9%
ed as a result of the pandemic, there is potential for further price increases 9.0% 2.90% 8.9% 7.9% -0.6% -7.70% 1.3% 1.5% 1.2% 2.6% 3.1% -2.40% -2.10% -5.10% 5.6% 4.6% 4.8% 3.4%
7.9%
a result of the pandemic, there is potential for further price increases 9.0% 2.90% 8.9% 7.9% -0.6% -7.70% 1.3% 1.5% 1.2% 2.6% 3.1% -2.40% -2.10% -5.10% 5.6% 4.6% 4.8% 3.4% North
0.6%
ult of the pandemic, there is potential for further price increases 9.0% 2.90% 8.9% 7.9% -0.6% -7.70% 1.3% 1.5% 1.2% 2.6% 3.1% -2.40% -2.10% -5.10% 5.6% 4.6% 4.8% 3.4% North Americ
7.70%
the pandemic, there is potential for further price increases 9.0% 2.90% 8.9% 7.9% -0.6% -7.70% 1.3% 1.5% 1.2% 2.6% 3.1% -2.40% -2.10% -5.10% 5.6% 4.6% 4.8% 3.4% North America World
1.3%
andemic, there is potential for further price increases 9.0% 2.90% 8.9% 7.9% -0.6% -7.70% 1.3% 1.5% 1.2% 2.6% 3.1% -2.40% -2.10% -5.10% 5.6% 4.6% 4.8% 3.4% North America World 3.1%