2014-02-12 14:49:01 - Reinsurance in Croatia, Key Trends and Opportunities to 2017 - a new market research report on companiesandmarkets.com
The Croatian reinsurance segment registered a CAGR of 2.4% during the review period (2008â2012). This was partly due to the awareness and increased frequency of natural disasters. The primary application of reinsurance in the country is to manage exposure to weather-related events.
Although not a hotspot for natural disasters, Croatia is exposed to droughts, floods, forest fires and snowfalls. This is expected to support the reinsurance segment over the forecast period (2012â2017), as insurance companies look to share a higher proportion of their risk with reinsurers. Consequently, the segment is projected to grow at a CAGR of 6.6% over the forecast period.
â¢ The Croatian reinsurance segment registered a CAGR of 2.4% during the review period (2008â2012).
â¢ The frequency of natural
disasters encouraged an increasing amount of premium ceded, particularly from the non-life segment.
â¢ The facultative reinsurance category represented a segment share of 65.9% in 2012.
â¢ There was only one licensed reinsurance company (Croatia Lloyd d.d) operating at end of 2011, according to Croatian insurance regulator HANFA.
This report provides a comprehensive analysis of the reinsurance market in Croatia:
â¢ It provides historical values for Croatias reinsurance market for the reports 2008â2012 review period and forecast figures for the 2012â2017 forecast period
â¢ It offers a detailed analysis of the key sub-segments in Croatias reinsurance market, along with market forecasts until 2017
â¢ It provides a detailed analysis of the reinsurance ceded from various direct insurance markets in Croatia and its growth prospects
Reasons to Buy
â¢ Make strategic business decisions using historic and forecast market data related to the Croatian reinsurance market and each sector within it
â¢ Understand the demand-side dynamics, key market trends and growth opportunities within the Croatian reinsurance market
â¢ Identify the growth opportunities and market dynamics within key product categories
â¢ Gain insights into key regulations governing the Croatian insurance market and its impact on companies and the markets future
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