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.