Switzerland : Financial Sector Assessment Program: Technical Note: An Assessment of Insurance Core Principles for the Reinsurance Industry

Author/Editor:

International Monetary Fund

Publication Date:

June 13, 2007

Electronic Access:

Free Full Text (PDF file size is 387 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This technical note discusses key findings of the assessment of Insurance Core Principles (ICP) for the reinsurance industry for Switzerland. It reveals that the Swiss reinsurance market is dominated by three large players with a strong international presence. The reinsurance industry comprises 20 professional reinsurers and 50 reinsurance captives with gross premiums written totaling SwF 37.4 billion for 2005. Swiss Re, European Re, and Converium have consistently maintained more than 75 percent market share. More than 95 percent of reinsurance premiums came from foreign business.

Series:

Country Report No. 07/200

Subject:

English

Publication Date:

June 13, 2007

ISBN/ISSN:

9781451807356/1934-7685

Stock No:

1CHEEA2007005

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

30

Please address any questions about this title to publications@imf.org