This statistic presents the amounts ceded to the leading non-life market reinsurance companies in Europe between 2014 and 2016. Reinsurance cessions are understood as the proportion of the risk that the primary insurer passes to the reinsurer. This reduces the risk exposure of the insurance policy of the ceding company. The accepting company receives the premium for taking on the risk, but has to pay a commission. As of 2014, the leading reinsurance company, Lloyd's of London, received cessions in value of 6.7 billion euros. By the end of 2016, the reinsurance cession value for Lloyd's of London grew to 7.9 billion euros.
Amounts ceded to leading non-life reinsurance companies in Europe from 2014 to 2016
(in million euros)
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A.M. Best. (July 6, 2017). Amounts ceded to leading non-life reinsurance companies in Europe from 2014 to 2016 (in million euros) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/732526/reinsurance-cessions-non-life-leading-companies-europe/
A.M. Best. "Amounts ceded to leading non-life reinsurance companies in Europe from 2014 to 2016 (in million euros) ." Chart. July 6, 2017. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/732526/reinsurance-cessions-non-life-leading-companies-europe/
A.M. Best. (2017). Amounts ceded to leading non-life reinsurance companies in Europe from 2014 to 2016 (in million euros) . Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/732526/reinsurance-cessions-non-life-leading-companies-europe/
A.M. Best. "Amounts Ceded to Leading Non-life Reinsurance Companies in Europe from 2014 to 2016 (in Million Euros) ." Statista, Statista Inc., 6 Jul 2017, https://www.statista.com/statistics/732526/reinsurance-cessions-non-life-leading-companies-europe/
A.M. Best, Amounts ceded to leading non-life reinsurance companies in Europe from 2014 to 2016 (in million euros) Statista, https://www.statista.com/statistics/732526/reinsurance-cessions-non-life-leading-companies-europe/ (last visited August 25, 2024)
Amounts ceded to leading non-life reinsurance companies in Europe from 2014 to 2016 (in million euros) [Graph], A.M. Best, July 6, 2017. [Online]. Available: https://www.statista.com/statistics/732526/reinsurance-cessions-non-life-leading-companies-europe/