Pune, India -- (SBWIRE) -- 05/14/2019 -- Reinsurance, also known as insurance for insurers or stop-loss insurance, is the practice of insurers transferring portions of risk portfolios to other parties by some form of agreement to reduce the likelihood of paying a large obligation resulting from an insurance claim. The party that diversifies its insurance portfolio is known as the ceding party. The party that accepts a portion of the potential obligation in exchange for a share of the insurance premium is known as the reinsurer.

Reinsurance allows insurers to remain solvent by recovering some or all of amounts paid to claimants. Reinsurance reduces net liability on individual risks and catastrophe protection from large or multiple losses. It also provides ceding companies the capacity to increase their underwriting capabilities in terms of the number and size of risks.

By covering the insurer against accumulated individual commitments, reinsurance gives the insurer more security for its equity and solvency and more stable results when unusual and major events occur. Insurers may underwrite policies covering a larger quantity or volume of risks without excessively raising administrative costs to cover their solvency margins. In addition, reinsurance makes substantial liquid assets available for insurers in case of exceptional losses.

Marine insurance covers the loss or damage of ships, cargo, terminals, and any transport by which the property is transferred, acquired, or held between the points of origin and the final destination. Cargo insurance is the sub-branch of marine insurance, though Marine insurance also includes Onshore and Offshore exposed property, (container terminals, ports, oil platforms, pipelines), Hull, Marine Casualty, and Marine Liability.
According to this study, over the next five years the Marine Reinsurance market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Marine Reinsurance business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Marine Reinsurance market by product type, application, key manufacturers and key regions and countries.

This study considers the Marine Reinsurance value and volume generated from the sales of the following segments:

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This report studies the global Marine Reinsurance market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses on the Global Marine Reinsurance players in each region, with sales, price, revenue and market share from 2013 to 2019, the top players including
- Swiss Re
- Munich Re
- AXA XL
- Hannover Re
- Lloyd's
- Berkshire Hathaway
- RGA
- China RE
- Korean Re
- PartnerRe
- GIC Re
- Mapfre
- Alleghany
- Everest Re
- Maiden Re
- Fairfax
- AXIS
- Mitsui Sumitomo
- Sompo
- Tokio Marine

Split by Product Types, with sales, revenue, price, market share of each type, can be divided into
- Proportional Reinsurance
- Non-proportional Reinsurance

Split by applications, this report focuses on sales, market share and growth rate of Marine Reinsurance in each application, can be divided into
- Cargo
- Hull and Machinery
- Offshore Energy
- Inland Marine
- Marine War
- Others

Browse full table of contents and data tables at
https://www.marketresearchnest.com/Global-Marine-Reinsurance-Market-Growth-Status-and-Outlook-2019-2024.html

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives:
- To study and analyze the global Marine Reinsurance market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
- To understand the structure of Marine Reinsurance market by identifying its various subsegments.
- Focuses on the key global Marine Reinsurance players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Marine Reinsurance with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the size of Marine Reinsurance submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.

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