Research and Markets (http://www.researchandmarkets.com/research/m5ts6g/reinsurance_in) has announced the addition of the "Reinsurance in Belgium, Key Trends and Opportunities to 2017" report to their offering.

Written premiums in the Belgian reinsurance segment increased from EUR795.2 million (US$1.2 billion) in 2008 to EUR805.3 million (US$1.0 billion) in 2012, at a CAGR of 0.3% during the review period (2008- 2012). The global financial crisis in 2009 and rising sovereign debt in the country and other EU member states kept growth subdued.

The treaty reinsurance category accounted for 60.4% of the total reinsurance written premium value in 2012, followed by the facultative reinsurance category with the remaining 39.6%. The Belgian reinsurance segment is relatively small when compared to other EU member states. It comprises a number of multinational corporations and no pure domestic reinsurers, forcing Belgian insurers to look to foreign insurers, primarily from Switzerland, the UK, Bermuda and the US, for support.

The report provides in depth market analysis, information and insights into the Belgian reinsurance segment.

Key Highlights

- The Belgian reinsurance segment registered growth at a review-period CAGR of 0.3%, limited by the country's increasing sovereign debt and political instability

- Compared to other EU member states, the Belgian reinsurance segment is small. It is also highly competitive and contains a number of leading multinational reinsurers

- Belgium's ongoing sovereign debt crisis and underperforming insurance industry encouraged global reinsurers, such as Swiss Re, to participate in the country's untapped reinsurance segment

- The Reinsurance Act 2009, implemented in Belgium in February 2009, stipulates the minimum guarantee capital, change of ownership and solvency margins for reinsurers operating in the country, with the aim of achieving financial soundness.

Key Topics Covered:

1 Executive Summary

2 Introduction

3 Belgian Insurance Industry Attractiveness

4 Reinsurance Growth Dynamics and Challenges

5 Key Industry Trends and Drivers

6 Competitive Landscape and Strategic Insights

7 Business Environment and Country Risk

8 Appendix

List of Tables

List of Figures

Companies Mentioned

- Aspen Re

- Everest Re

- Secura Belgian Re

- Sirius Belgium Réassurances S.A.

For more information visit http://www.researchandmarkets.com/research/m5ts6g/reinsurance_in

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Sector: Insurance