BFSI & Financial Services · Indirect
Monitoring · monthlyProcurement Category Intelligence
Reinsurance Brokerage
Overview
Market size
$30.8B
global, USD
CAGR
4.2%
base to forecast
Buyer power
-2.4
supplier-favoured
Suppliers
6
tracked players
Signals
12
8 high severity
Market outlook
2031$37.8B
What changed
Demand by region
North America demand45%
Europe demand30%
Asia Pacific demand15%
Rest of world demand10%
share of global demandtotal 100%
Cost drivers
Personnel and Broker Salaries55%
Technology and Analytics Platforms15%
Compliance and Legal Expenses10%
Office and Administration Costs10%
Travel and Client Acquisition10%
share of delivered cost (analyst estimate)