This rise would be of 3.4% in fair value in 2012. Premium growth will amount to 7.7% in emerging countries against 2.1% in developed markets. This upward trend is set to continue in a more moderate fashion in 2013 and 2014. In contrast, Swiss Re has announced a global 1.6% decline of life reinsurance premiums in 2012. Developed markets will sustain a 2% regression whereas emerging countries are poised to benefit from a 4.8% rise.