Global Insurance Market Report (GIMAR)

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The GIMAR collects and reports data reflecting the performance of primary insurers and reinsurers as well as key developments in the global insurance market from a supervisory perspective, focusing on the recent performance of the sector as well as key risks faced by it. It builds on the previously issued Global Reinsurance Market Report (GRMR), which has been incorporated as an integral part of the GIMAR. Publication of the GIMAR by the IAIS Secretariat began in October 2012.

The GIMAR is based on publicly available data as well as confidential data submitted to the IAIS.

The GIMAR is data-driven and does not carry normative statements on supervisory issues. It is not intended to reflect the views of IAIS Members and is neither an official policy paper nor an application paper.

2017 GIMAR Summary: The report shows that the (re)insurance sector remained stable with clear signs of growth, as evidenced by high capital levels, positive profitability, and a persistent inflow of additional reinsurance capital. Available here.

2016 GIMAR Summary: The report shows that, while continuing to remain well-functioning and stable, the (re)insurance sector operates in an increasingly difficult macroeconomic and financial environment characterised by weak global demand, low inflation rates, very low interest rates, and bursts of financial market volatility. Available here.

2015 GIMAR Summary: The report shows that the global (re)insurance sector has proven to remain well functioning and stable in the midst of an often challenging economic and financial environment as evidenced by the high capital levels held by (re)insurers, the overall stable profitability shown by the sector and an on-going inflow of additional capital. Available here.

2014 GIMAR Summary: The report shows that insurers have been able to weather the slow economic growth rates, persistently low interest rates and low inflation rates that have characterised the global financial marketplace since the financial crisis. Available here

2012 GIMAR Summary: The data shows that global primary insurers and reinsurers have been affected by the financial crisis and by the subsequent recession in many economies around the world. However, the data also shows that the industry has been resilient in the face of adverse developments. Available here