Size of reinsurance market in the U.S. 2011-2023

Published by
Jennifer Rudden,
Nov 1, 2024

The market size of reinsurance carriers in the United States is expected to exceed 118.4 billion U.S. dollars in 2023, up from 96 billion U.S. dollars recorded in 2020. Reinsurance carriers purchase insurance policies from other insurers to limit their loss in case of a disaster, such as an earthquake or tsunami. Insured losses caused by natural disasters have generally increased worldwide over the past 20 years.

Size of reinsurance carrier market in the United States from 2011 to 2023 (in billion U.S. dollars)

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Release date

September 2023

Region

United States

Survey time period

2011 to 2023

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ReinsuranceLife insurance worldwideInsured catastrophe lossesProperty and casualty insurance in the United StatesInsurance industry in the United States
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