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Synopsis
The report
provides in-depth market analysis, information and insights into the Slovenian
reinsurance segment, including:
- The Slovenian reinsurance
segment's growth prospects by reinsurance categories
- Key trends and drivers for the
reinsurance segment
- The Slovenian reinsurance
segment's growth prospects by reinsurance ceded from direct insurance
segments
- The competitive landscape in the
Slovenian reinsurance segment
Summary
The written
premium of the Slovenian reinsurance segment increased at a review-period CAGR
of 2.7%. Facultative reinsurance was the leading type in Slovenia, supported by
insurers' high risk awareness and risk-management techniques. Over the forecast
period, with demand for reinsurance high, insurers are expected to cede
premiums to both foreign and domestic reinsurers. In addition, as Solvency II
directives are expected to be implemented in 2016, the increased capital
adequacy requirements are further expected to support demand for reinsurance in
Slovenia. Over the forecast period, the reinsurance segment is projected to
post a forecast-period CAGR of 4.9%.
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Scope
This report
provides a comprehensive analysis of the reinsurance segment in Slovenia:
- It provides historical values for
Slovenia's reinsurance segment for the report's 2008-2012 review period
and projected figures for the 2012-2017 forecast period.
- It offers a detailed analysis of
the key sub-segments in Slovenia's reinsurance segment, along with market
forecasts until 2017.
- It provides a detailed analysis
of the reinsurance ceded from various direct insurance segments in
Slovenia and its growth prospects.
Reasons To Buy
- Make strategic business decisions
using in depth historic and forecast market data related to the Slovenian
reinsurance segment and each sector within it
- Understand the demand-side
dynamics, key market trends and growth opportunities within the Slovenian
reinsurance segment
- Identify the growth opportunities
and market dynamics within key product categories
- Gain insights into key
regulations governing the Slovenian insurance industry and its impact on
companies and the market's future
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Key Highlights
- Facultative reinsurance was the
leading type in Slovenia, supported by insurers' high risk awareness and
risk-management techniques.
- After the adoption of the euro as
its currency, the country's economy grew rapidly; however, the growth was
driven by an increase in debt.
- Slovenia's unemployment rate more
than doubled during the review period, from 4.4% in 2008 to 8.9% in 2012,
as a direct consequence of the recession.
- Slovenian insurers and reinsurers
typically maintain high levels of risk management. Insurers cede premiums
to both foreign and domestic reinsurers in order to diversify risk.
- Although there were no major
natural disasters in the country in 2012, the November floods led to
increased claims for non-life insurers.
Table of Contents
1 Executive Summary
2 Introduction
2.1 What is this Report About?
2.2 Definitions
2.3 Methodology
3 Slovenian Insurance Industry Attractiveness
3.1 Insurance Industry Size, 2008-2017
4 Reinsurance Growth Dynamics and Challenges
4.1 Reinsurance Segment Size, 2008-2017
4.2 Reinsurance Segment Size by Type of Insurance, 2008-2017
5 Key Industry Trends and Drivers
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