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.