Size of reinsurance market in the U.S. 2011-2022
Insured losses caused by natural disasters have generally increased worldwide over the past 20 years.
The market size of reinsurance carriers in the United States is expected to exceed 109 billion U.S. dollars in 2022, up from 96 billion U.S. dollars recorded in 2020. Reinsurance carriers purchase insurance policies from other insurers to limit their loss in case of a disaster, such as an earthquake or tsunami.