Reinsurance in Israel, Key Trends and Opportunities to 2018 Market Size and Share Published in 2015-03-05 Available for US$ 1950 at Researchmoz.us The absence of a domestic reinsurer in Israel, and with no licensing requirement for foreign reinsurers to accept business from Israeli insurers, has led to a proliferation of overseas reinsurers. The reinsurance premium ceded by the life segment increased from ILS976.5 million (US$248.3 million) in 2009 to ILS1.3 billion (US$360.6 million) in 2013, at a review-period (2009–2013) compound annual growth rate (CAGR) of 7.5%, while the reinsurance ceded by the non-life segment fell from ILS5.3 billion (US$1.33 billion) to ILS4.6 billion (US$1.27 billion). The reinsurance premium ceded by the personal accident and health segment rose from ILS904.6 million (US$230.0 million) in 2009 to ILS949.0 million (US$262.2 million) in 2013.
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