Indian reinsurers: Breakdown of accepted and ceded life and non-life premiums (2017-2018)
Figures in thousands USD
| Accepted premiums | 2017-2018 evolution | 2018 market shares | Retroceded premiums | 2017-2018 evolution | 2018 market shares | |||
|---|---|---|---|---|---|---|---|---|
| 2017 | 2018 | 2017 | 2018 | |||||
GIC Re | 6 424 563 | 6 357 001 | -1.05% | 80.94% | 640 147 | 753 278 | 17.67% | 60.98% |
ITI Re (1) | - | - | - | -421 | - | - | ||
| Total | 6 424 563 | 6 357 001 | -1.05% | 80.94% | 639 726 | 753 278 | 17.75% | 60.98% |
| Foreign subsidiaries | ||||||||
AXA France Vie | 116 609 | 353 730 | 203.35% | 4.50% | - | 2 550 | - | 0.21% |
Munich Re | 200 855 | 328 366 | 63.48% | 4.18% | 77 904 | 128 055 | 64.38% | 10.37% |
Swiss Re | 314 574 | 326 976 | 3.94% | 4.16% | 145 820 | 150 460 | 3.18% | 12.18% |
SCOR SE | 182 279 | 225 863 | 23.91% | 2.88% | 68 144 | 103 918 | 52.50% | 8.41% |
Hannover Re | 87 351 | 134 086 | 53.50% | 1.71% | 41 096 | 56 753 | 38.10% | 4.59% |
XL SE | 28 760 | 46 629 | 62.13% | 0.59% | 5 987 | 10 930 | 82.56% | 0.88% |
RGA Life | 10 839 | 38 371 | 254.01% | 0.49% | 4 917 | 17 369 | 253.24% | 1.42% |
Gen Re | 10 350 | 27 886 | 169.43% | 0.36% | - | 5 797 | - | 0.47% |
Allianz Global (2) | - | 14 695 | - | 0.19% | - | 6 106 | - | 0.49% |
Lloyd's | 3 722 | 403 | -89.17% | 0.01% | 584 | 39 | -93.32% | 0.00% |
| Total foreign subsidiaries | 955 339 | 1 497 005 | 56.70% | 19.06% | 344 452 | 481 977 | 40.10% | 39.02% |
| Total | 7 379 902 | 7 854 006 | 6.42% | 100% | 984 178 | 1 235 255 | 25.51% | 100% |
(1) ITI Re's operations were suspended in May 2019
(2) Allianz Global was certified in August 2018
Read also | Indian reinsurance companies
