Current Table

Top 10 Countries By U.S. Reinsurance Premiums Ceded to Unaffiliated And Affiliated Offshore Reinsurers, 2019

(US$ millions)

Unaffiliated offshore reinsurers Affiliated offshore reinsurers
Rank Country Premiums ceded Rank Country Premiums ceded
1 Bermuda $13,597 1 Bermuda $16,748
2 Germany 7,422 2 Switzerland 7,733
3 United Kingdom 6,490 3 Cayman Islands 1,215
4 Switzerland 6,355 4 Germany 975
5 Cayman Islands 4,604 5 Turks and Caicos 551
6 Turks and Caicos 2,333 6 Japan 537
7 Ireland 766 7 United Kingdom 432
8 Barbados 729 8 France 246
9 British Virgin Islands 619 9 Spain 225
10 Channel Islands 595 10 Canada 166
Total, top 10 countries    $43,509 Total, top 10 countries    $28,828
Total world   $47,083 Total world   $29,365

Source: Reinsurance Association of America.

 
U.S. REINSURANCE PREMIUMS CEDED TO UNAFFILIATED AND AFFILIATED ALIEN REINSURERS BY COUNTRY, 2006-2008 (1)

($ millions)

      Unaffiliated alien reinsurers   Affiliated alien reinsurers   
Rank Country 2006 2007 2008 2006 2007 2008 2008 total
1 Bermuda  $8,982 $11,102 $11,420 $18,474 $19,371 $20,813 $32,233
2 Switzerland  797 857 955 7,991 8,942 7,578 8,533
3 United Kingdom  4,630 4,578 4,428 346 777 823 5,251
4 Germany  2,582 2,569 2,793 2,005 1,463 1,222 4,015
5 Cayman Islands  1,806 2,023 2,003 435 409 389 2,392
6 Barbados  652 495 553 965 1,212 657 1,210
7 France  352 424 434 338 357 296 730
8 Turks and Caicos  398 481 518 NA NA NA 518
9 Ireland  532 419 485 NA NA NA 485
10 Canada  256 326 255 171 209 164 419
11 Sweden  NA NA NA 518 427 411 411
12 Japan  NA NA NA 220 192 191 191
  Total, countries
shown
 
20,987 23,274 23,844 31,463 33,359 32,544 56,388
  Total $22,214 $24,594 $25,031 $32,470 $33,786 $33,158 $58

(1) Ranked by 2008 total reinsurance premiums.

NA=Data not available.

Source: Reinsurance Association of America.

 
U.S. REINSURANCE PREMIUMS CEDED TO UNAFFILIATED AND AFFILIATED OFFSHORE REINSURERS BY COUNTRY, 2007-2009 (1)

($ millions)

      Unaffiliated offshore reinsurers Affiliated offshore reinsurers   
Rank Country 2007 2008 2009 2007 2008 2009 2009 total
1 Bermuda   $11,102 $11,420 $10,013 $19,371 $20,813 $22,612 $32,625
2 Switzerland   857 955 1,129 8,942 7,578 8,361 9,490
3 United Kingdom   4,578 4,428 4,706 777 823 765 5,471
4 Germany   2,569 2,793 2,490 1,463 1,222 781 3,271
5 Cayman Islands   2,023 2,003 2,086 409 389 398 2,484
6 Ireland   419 485 489 101 155 227 716
7 Turks and Caicos   481 518 500 102 111 141 641
8 France   424 434 378 357 296 228 606
9 Sweden   NA NA NA 427 411 433 433
10 Barbados 495 553 413 NA NA NA 413
11 Canada 326 255 277 NA NA NA 277
12 Japan   NA NA NA 192 191 199 199
   Total, countries
shown
23,274 23,844 22,481 32,141 31,989 34,145 56,626
   Total $24,594 $25,031 $23,630 $33,786 $33,158 $34,464 $58,094

(1) Ranked by 2009 total reinsurance premiums.

NA=Data not available.

Source: Reinsurance Association of America.

 
U.S. REINSURANCE PREMIUMS CEDED TO UNAFFILIATED AND AFFILIATED OFFSHORE REINSURERS BY COUNTRY, 2008-2010 (1)

($ millions)

      Unaffiliated offshore reinsurers Affiliated offshore reinsurers   
Rank Country 2008 2009 2010 2008 2009 2010 2010 total
1 Bermuda   $11,420 $10,013 $9,821 $20,813 $22,612 $19,506 $29,327
2 Switzerland   955 1,129 1,178 7,578 8,361 7,430 8,608
3 United Kingdom   4,428 4,706 4,536 823 765 2,109 6,645
4 Germany   2,793 2,490 2,387 1,222 781 875 3,262
5 Cayman Islands   2,003 2,086 2,271 389 398 413 2,684
6 Channel Islands   49 56 853 NA NA NA 853
7 Ireland   485 489 505 155 227 258 763
8 Turks and Caicos   518 500 555 NA NA NA 555
9 Barbados   553 413 448 NA NA NA 448
10 France NA NA NA 296 228 420 420
11 British Virgin Islands   171 149 353 NA NA NA 353
12 Singapore NA NA NA 3 3 195 195
13 Sweden NA NA NA 411 433 189 189
14 Japan NA NA NA 191 199 180 180
  Total, countries shown 23,375 22,031 22,907 31,881 34,007 31,575 54,482
  Total $25,031 $23,630 $24,549 $33,158 $34,464 $32,167 $56,716

(1) Ranked by 2010 total reinsurance premiums.

NA=Data not available.

Source: Reinsurance Association of America.

 
U.S. REINSURANCE PREMIUMS CEDED TO UNAFFILIATED AND AFFILIATED OFFSHORE REINSURERS BY COUNTRY, 2008-2010 (1)

($ millions)

      Unaffiliated offshore reinsurers Affiliated offshore reinsurers   
Rank Country 2008 2009 2010 2008 2009 2010 2010 total
1 Bermuda   $11,420 $10,013 $9,821 $20,813 $22,612 $19,506 $29,327
2 Switzerland   955 1,129 1,178 7,578 8,361 7,430 8,608
3 United Kingdom   4,428 4,706 4,536 823 765 2,109 6,645
4 Germany   2,793 2,490 2,387 1,222 781 875 3,262
5 Cayman Islands   2,003 2,086 2,271 389 398 413 2,684
6 Channel Islands   49 56 853 NA NA NA 853
7 Ireland   485 489 505 155 227 258 763
8 Turks and Caicos   518 500 555 NA NA NA 555
9 Barbados   553 413 448 NA NA NA 448
10 France NA NA NA 296 228 420 420
11 British Virgin Islands   171 149 353 NA NA NA 353
12 Singapore NA NA NA 3 3 195 195
13 Sweden NA NA NA 411 433 189 189
14 Japan NA NA NA 191 199 180 180
  Total, countries shown 23,375 22,031 22,907 31,881 34,007 31,575 54,482
  Total $25,031 $23,630 $24,549 $33,158 $34,464 $32,167 $56,716

(1) Ranked by 2010 total reinsurance premiums.

NA=Data not available.

Source: Reinsurance Association of America.

 
U.S. REINSURANCE PREMIUMS CEDED TO UNAFFILIATED AND AFFILIATED OFFSHORE REINSURERS BY COUNTRY, 2009-2011 (1)

($ millions)

      Unaffiliated offshore reinsurers Affiliated offshore reinsurers   
Rank Country 2009 2010 2011 2009 2010 2011 2011 total
1 Bermuda   $10,013 $9,821 $9,798 $22,612 $19,506 $19,301 $29,099
2 Switzerland   1,129 1,178 1,316 8,361 7,430 7,496 8,812
3 United Kingdom   4,706 4,536 4,680 765 2,109 3,293 7,973
4 Germany   2,490 2,387 3,697 781 875 972 4,669
5 Cayman Islands   2,086 2,271 2,548 398 413 377 2,925
6 Channel Islands   31 853 1,518 NA NA NA 1,518
7 Ireland   489 505 485 227 258 323 808
8 Turks and Caicos   500 555 733 NA NA NA 733
9 Barbados   413 448 607 NA NA NA 607
10 France NA NA NA 228 420 436 436
11 British Virgin Islands   149 353 355 102 154 107 462
12 Japan NA NA NA 199 180 232 232
13 Spain NA NA NA 93 139 164 164
  Total, countries shown $22,006 $22,907 $24,737 $33,766 $31,484 $32,792 $57,529
  Total, all countries
$23,630 $24,549 $26,374 $34,464 $32,167 $33,051 $59,425

(1) Ranked by 2011 total reinsurance premiums.

NA=Data not available.

Source: Reinsurance Association of America.

 
U.S. REINSURANCE PREMIUMS CEDED TO UNAFFILIATED AND AFFILIATED OFFSHORE REINSURERS BY COUNTRY, 2011-2013 (1)

($ millions)

    Unaffiliated offshore reinsurers Affiliated offshore reinsurers  
Rank Country 2011 2012 2013 2011 2012 2013 2013 total
1 Bermuda $9,798 $9,387 $9,676 $21,802 $23,918 $22,597 $32,273
2 Switzerland 1,316 1,151 1,388 7,496 9,013 10,434 11,822
3 United Kingdom 4,680 4,719 4,781 792 544 1,654 6,435
4 Germany 2,697 2,883 3,655 972 1,318 1,579 5,234
5 Cayman Islands 2,548 2,963 3,308 377 591 1,321 4,629
6 Turks and Caicos 733 873 1,047 79 234 270 1,317
7 Channel Islands 1,518 2,883 1,261 NA NA NA 1,261
8 Ireland 485 454 490 323 194 174 664
9 Barbados 607 652 659 NA NA NA 659
10 France NA NA NA 436 256 630 630
11 British Virgin Islands 355 434 464 NA NA NA 464
12 Spain NA NA NA 164 278 266 266
13 Canada NA NA NA 92 96 100 100
  Total, countries shown $24,737 $26,399 $26,729 $32,533 $36,442 $39,025 $65,754
  Total, all countries $26,374 $26,790 $28,386 $33,051 $36,929 $37,357 (2) $65,743 (2)

(1) Ranked by 2013 total reinsurance premiums.
(2) Includes ($1.91) billion in affiliated premiums ceded to Japan.

NA=Data not available.

Source: Reinsurance Association of America.

 
U.S. Reinsurance Premiums Ceded To Unaffiliated And Affiliated Offshore Reinsurers By Country, 2012-2014 (1)

(US$ millions)

    Unaffiliated offshore reinsurers Affiliated offshore reinsurers  
Rank Country 2012 2013 2014 2012 2013 2014 2014 total
1 Bermuda $9,387 $10,019 $9,962 $23,918 $25,471 $25,465 $35,427
2 Switzerland 1,151 1,426 2,192 9,013 10,803 11,815 14,007
3 United Kingdom 4,719 5,137 4,980 544 477 512 5,492
4 Germany 2,883 3,712 3,740 1,318 1,579 1,541 5,281
5 Cayman Islands 2,963 3,301 2,981 591 982 1,096 4,077
6 Turks and Caicos 873 1,084 1,445 234 237 291 1,736
7 Channel Islands 2,883 1,252 1,323 NA NA NA 1,323
8 Barbados 652 658 761 NA NA NA 761
9 Ireland 454 565 441 194 180 168 609
10 British Virgin Islands 434 462 499 NA NA NA 499
11 Japan NA NA NA 294 -1,857 464 464
12 France NA NA NA 256 336 337 337
13 Spain NA NA NA 278 266 259 259
  Total, countries shown $26,398 $27,615 $28,372 $36,640 $38,474 (2) $41,949 $70,321
  Total, all countries $26,790 $29,176 $30,211 $36,929 $38,741 (2) $42,295 $72,506

(1) Ranked by 2014 total reinsurance premiums.
(2) Includes -$1.86 billion in affiliated premiums ceded to Japan.

NA=Data not available.

Source: Reinsurance Association of America.

 
U.S. Reinsurance Premiums Ceded To Unaffiliated And Affiliated Offshore Reinsurers By Country, 2013-2015 (1)

(US$ millions)

    Unaffiliated offshore reinsurers Affiliated offshore reinsurers  
Rank Country 2013 2014 2015 2013 2014 2015 2015 total
1 Bermuda $10,019 $9,962 $10,286 $25,471 $25,465 $25,931 $36,217
2 Switzerland 1,426 2,192 3,400 10,803 11,815 11,175 14,575
3 Germany 3,712 3,740 3,961 1,579 1,541 4,283 8,244
4 United Kingdom 5,137 4,980 4,940 477 512 660 5,600
5 Cayman Islands 3,301 2,981 3,609 982 1,096 1,045 4,654
6 Turks and Caicos 1,084 1,445 1,513 237 291 280 1,793
7 Channel Islands 1,261 1,323 1,102 NA NA NA 1,102
8 Barbados 658 761 761 NA NA NA 761
9 France NA NA NA 336 337 692 692
10 Ireland 565 441 521 180 168 133 654
11 Canada 92 96 631 NA NA NA 631
12 Spain NA NA NA 266 259 490 490
13 Japan NA NA NA -1,857 464 472 472
  Total, countries shown $27,255 $27,921 $30,723 $38,474 (2) $41,949 $45,160 $75,883
  Total, all countries $29,176 $30,211 $33,035 $38,741 (2) $42,295 $45,469 $78,504

(1) Ranked by 2015 total reinsurance premiums.
(2) Includes -$1.86 billion in affiliated premiums ceded to Japan.

NA=Data not available.

Source: Reinsurance Association of America.

 
Top 10 Countries By U.S. Reinsurance Premiums Ceded to Unaffiliated And Affiliated Offshore Reinsurers, 2016

(US$ millions)

Unaffiliated offshore reinsurers Affiliated offshore reinsurers
Rank Country Premiums ceded Rank Country Premiums ceded
1 Bermuda $10,176 1 Bermuda $24,770
2 United Kingdom 5,495 2 Switzerland 15,243
3 Switzerland 4,835 3 Germany 3,706
4 Germany 4,231 4 Cayman Islands 1,401
5 Cayman Islands 3,955 5 France 735
6 Turks and Caicos 1,600 6 United Kingdom 676
7 Channel Islands 622 7 Spain 534
8 Barbados 597 8 Turks and Caicos 495
9 British Virgin Islands 573 9 Japan 480
10 Ireland 502 10 Malta 468
Total, top 10 countries   $32,586 Total, top 10 countries   $48,508
Total world   $34,652 Total world   $49,019

Source: Reinsurers Association of America.

 
Top 10 Countries By U.S. Reinsurance Premiums Ceded to Unaffiliated And Affiliated Offshore Reinsurers, 2017

(US$ millions)

Unaffiliated offshore reinsurers Affiliated offshore reinsurers
Rank Country Premiums ceded Rank Country Premiums ceded
1 Bermuda $10,954 1 Bermuda $26,438
2 United Kingdom 5,622 2 Switzerland 13,817
3 Switzerland 5,079 3 Germany 2,510
4 Germany 4,584 4 Cayman Islands 1,262
5 Cayman Islands 4,097 5 France 1,039
6 Turks and Caicos 1,736 6 United Kingdom 618
7 Barbados 651 7 Turks and Caicos 567
8 British Virgin Islands 599 8 Spain 526
9 Ireland 558 9 Ireland 491
10 Channel Islands 510 10 Japan 399
Total, top 10 countries   $34,389 Total, top 10 countries   $47,668
Total world   $36,638 Total world   $48,302

Source: Reinsurers Association of America.

 
Top 10 Countries By U.S. Reinsurance Premiums Ceded to Unaffiliated And Affiliated Offshore Reinsurers, 2018

(US$ millions)

Unaffiliated offshore reinsurers Affiliated offshore reinsurers
Rank Country Premiums ceded Rank Country Premiums ceded
1 Bermuda $12,962 1 Bermuda $16,203
2 United Kingdom 8,391 2 Germany 2,275
3 Germany 6,801 3 Cayman Islands 869
4 Switzerland 5,978 4 Switzerland 686
5 Cayman Islands 4,306 5 Japan 626
6 Turks and Caicos 2,138 6 Turks and Caicos 574
7 Barbados 757 7 France 397
8 Channel Islands 628 8 United Kingdom 277
9 British Virgin Islands 615 9 Canada 145
10 Ireland 607 10 Spain 126
Total, top 10 countries    $43,182 Total, top 10 countries    $22,178
Total world   $46,005 Total world   $22,529

Source: Reinsurance Association of America.