Global Research Reinsurance Market Overview and Status Analysis 20 | Page 2

On the other hand, there are factors that may hamper the growth of the market including high manufacturing and
designing cost of technology and vulnerability to cybercrimes. Reinsurance market is anticipated to expand at a
significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the
globe.
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The market could be explored by type, application, and geography. Market by type could span Life Reinsurance and
P&C Reinsurance. Market by-products constitute non-life and life. The “non-life” segment led the reinsurance market
in 2017 and will continue to lead in the forecast period. The key factor that could be attributed to the growth of the
market includes increasing consciousness regarding insurance products. The key applications that could be explored
in the market include Broker and direct Writing.
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Market Segment:
The major players in global market include
• Munich Re
• Swiss Re
• Hannover Re
• SCOR SE
• Lloyd's
• Berkshire Hathaway
• Great-West Lifeco
• RGA