Over the last decade reinsurance industry has boomed. The market has tripled since 2000 to reach 240 billion USD in 2013. Eager to keep up with this pace, major players in the business are seeking new outlets.
Effisoft a reinsurance software provider releases a report analyzing key figures of the reinsurance market and exposing the trends that are shaping its future.
The paper recognizes the intensification of regulatory pressure, underinsured emerging markets growth and alternative capital involvement in the industry as the three major trends that are restructuring the industry and will continue to do so in the following years. The paper also identifies scenarios for reinsurance market evolution by 2020.
You can download the paper for free on the website under this link.