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. |
|