U.S. REINSURANCE PREMIUMS CEDED TO UNAFFILIATED AND AFFILIATED OFFSHORE REINSURERS BY COUNTRY, 2009-2011 (1)

($ millions)

      Unaffiliated offshore reinsurers Affiliated offshore reinsurers   
Rank Country 2009 2010 2011 2009 2010 2011 2011 total
1 Bermuda   $10,013 $9,821 $9,798 $22,612 $19,506 $19,301 $29,099
2 Switzerland   1,129 1,178 1,316 8,361 7,430 7,496 8,812
3 United Kingdom   4,706 4,536 4,680 765 2,109 3,293 7,973
4 Germany   2,490 2,387 3,697 781 875 972 4,669
5 Cayman Islands   2,086 2,271 2,548 398 413 377 2,925
6 Channel Islands   31 853 1,518 NA NA NA 1,518
7 Ireland   489 505 485 227 258 323 808
8 Turks and Caicos   500 555 733 NA NA NA 733
9 Barbados   413 448 607 NA NA NA 607
10 France NA NA NA 228 420 436 436
11 British Virgin Islands   149 353 355 102 154 107 462
12 Japan NA NA NA 199 180 232 232
13 Spain NA NA NA 93 139 164 164
  Total, countries shown $22,006 $22,907 $24,737 $33,766 $31,484 $32,792 $57,529
  Total, all countries
$23,630 $24,549 $26,374 $34,464 $32,167 $33,051 $59,425

(1) Ranked by 2011 total reinsurance premiums.

NA=Data not available.

Source: Reinsurance Association of America.