The entryway to Moody's offices in New York, taken around 2016 (Photo: Allison Bell/ALM

The 24 life reinsurers that Moody’s Investors Services tracks reported collecting $95 billion in life and annuity reinsurance premium revenue in 2018.

That’s up 6.2% from the total for those same company’s in 2017.

(Related: U.S. Insurers Reinsure 29% of New Individual Life Risk: Munich Re)

The property and casualty reinsurers Moody’s tracks reported $181 billion in P&C reinsurance premium revenue, up 5.3%.

A Moody’s team led by Brendan Holmes prepared the reinsurance table for a global reinsurance market review.

The team did not include premium rankings for the new, alternative capital-backed reinsurers, such as Athene.

Life reinsurance accounted for 34.5% of the reinsurance premiums included in the Moody’s report table for 2018, up from 34.3% in 2017.

Resources

A link to the Moody’s reinsurance report, which is behind a paywall, is available here.

— Read Reinsurance Levels Slumped In 2007, Survey Findson ThinkAdvisor.

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