Research and Markets Adds Report: Reinsurance in the Philippines, Key Trends and Opportunities to 2016 [Professional Services Close - Up] - Insurance News | InsuranceNewsNet

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July 18, 2013 Newswires
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Research and Markets Adds Report: Reinsurance in the Philippines, Key Trends and Opportunities to 2016 [Professional Services Close – Up]

Proquest LLC

Research and Markets has announced the addition of the "Reinsurance in the Philippines, Key Trends and Opportunities to 2016" report to its offerings.

In a release, Research and Markets noted that report highlights include:

The Philippine reinsurance segment declined in 2009 as a result of the global economic crisis, before recovering and recording annual growth in 2010 and in 2011. During the review period, the Philippine reinsurance segment was dominated by National Reinsurance Corp. of the Philippines (PhilNaRe), which has been awarded a financial strength rating of B++ and an issuer credit rating of bbb from AM Best. The company's adequate capitalization, established market presence and conservative investment portfolio are major contributors to its status as the most successful reinsurer in the Philippines.

Key Highlights

- The Philippine reinsurance segment declined in 2009 as a result of the global economic crisis, before recovering and recording annual growth in 2010 and in 2011.

- During the review period, the Philippine reinsurance segment was dominated by National Reinsurance Corp. of the Philippines.

- Growth in the direct insurance segments, including life, non- life, and personal accident and health insurance, is expected to drive the reinsurance segment over the forecast period.

- As insurance companies tend to share some proportion of their risk with reinsurers, this creates significant opportunities for reinsurance companies operating in the Philippines.

Key Topics Covered:

1 Executive Summary

2 Introduction

3 The Philippine Insurance Industry Attractiveness

4 Key Industry Trends and Drivers

5 Competitive Landscape and Strategic Insights

6 Business Environment and Country Risk

7 Appendix

Companies Mentioned

National Reinsurance Corp. of the Philippines

Research and Markets is a source for international market research reports and market data.

Report information:

researchandmarkets.com/research/lfwzcf/reinsurance_in

((Comments on this story may be sent to [email protected]))

Copyright:  (c) 2013 ProQuest Information and Learning Company; All Rights Reserved.
Wordcount:  291

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