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.