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.