Insurers Ceded 5% of Global Premiums to Reinsurers in 2018: Swiss Re

Swiss Re Institute has estimated that primary insurers ceded about $260 billion, or 5%, of direct premiums written to the global reinsurance markets in 2018. More than three quarters of this total ($200 billion) were non-life premiums, which had a higher cession rate of around 8.4%. In contrast, only around 2% of life premiums were… Continue reading Insurers Ceded 5% of Global Premiums to Reinsurers in 2018: Swiss Re