In terms of gross written premium, the Indian reinsurance segment grew at a review-period (2009?2013) compound annual growth rate (CAGR) of 12.9%. The increase was partially due to the robust growth posted by the insurance industry, coupled with the participation of more foreign reinsurance companies in the segment. It was further supported by India’s positive economic growth and the rising levels of public awareness with regards to the benefits of insurance, with these indicators are also expected to support the segment over the forecast period (2013?2018). As such, the segment is projected to increase at a CAGR of 11.9%.
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