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.