Reinsurance in Finland, Key Trends and Opportunities to 2019
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GlobalData’s 'Reinsurance in Finland, Key Trends and Opportunities to 2019' report provides detailed analysis of the market trends, drivers and challenges in the Finnish reinsurance segment. It provides values for key performance indicators such as written premium, reinsurance ceded and reinsurance accepted during the review period (2010–2014) and forecast period (2014–2019).
The report also analyses information pertaining to the competitive landscape in the country, gives a comprehensive overview of the Finnish economy and demographics, and provides detailed analysis of natural hazards and their impact on the Finnish insurance industry.
The report brings together GlobalData’s research, modeling and analysis expertise to enable reinsurers to identify segment dynamics and competitive advantages, and access profiles of reinsurers operating in the country.
Scope
This report provides a comprehensive analysis of the reinsurance segment in Finland:
• It provides historical values for the Finnish reinsurance segment for the report’s 2010–2014 review period, and projected figures for the 2014–2019 forecast period.
• It offers a detailed analysis of the key categories in the Finnish reinsurance segment, and market forecasts to 2019.
• It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in Finland, and the reinsurance segment's growth prospects.
Key Highlights
• During the review period, the premium accepted recorded a CAGR of 3.1%, supported by growth in the insurance industry.
• Storms and flooding are primary concerns for Finnish insurers.
• The minimum capital requirements for reinsurance companies in Finland are much lower than for insurance companies.
• European Insurance and Occupational Pensions Authority (EIOPA) issued guidelines on the application of outward reinsurance arrangements to the non-life catastrophe risk sub-module, which are effective from April 1, 2015.
• Solvency II was implemented on January 1, 2016.
Reasons to Buy
• Make strategic business decisions using in-depth historic and forecast market data related to the Finnish reinsurance segment, and each category within it.
• Understand the demand-side dynamics, key market trends and growth opportunities in the Finnish reinsurance segment.
• Identify growth opportunities and market dynamics in key product categories.
• Gain insights into key regulations governing the Finnish insurance industry, and their impact on companies and the industry's future.
OP Insurance Ltd
If P & C Insurance Company Ltd
Mandatum Life Insurance Company Ltd
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