2007. 7. 3 1
2
3
scale ($ Bn) ($ Bn) M/S (%) : A.M.Best 2006 Annual Global Reinsurance Report World Class 4
top 5 Organic growth M&A 50% /,,, / 5
6
1 3 TSR ( 03~ 06) 2 3 RTSR ( 03~ 06) 60% Korean Reinsurance 40% Korean Reinsurance Thai reinsurance 20% TSR= 19% Kolnische Ruckversicherung Scor Enstar Mnrb Bhd Scor (Adr) Thai Reinsurance Pcl Arch Capital Odyssey Re 0% RTSR= 7% Mnrb Bhd Enstar Scor Benfiled Arch Capital Odyssey Re 0% -40% -20% -60% 4th quartile 3rd quartile 2nd quartile 1st quartile -80% 4th quartile 3rd quartile 2nd quartile 1st quartile 7
8
1.50E+05 1.00E+05 5.00E+04 0.00E+00 2006 2010 2020 : Regional Reinsurer Global Reinsurer World Class Reinsurer 9
10
11
, 24%, 30% 76% 70% 12
13
14
15
1.50E+05 1.00E+05 5.00E+04 0.00E+00 2006 2010 2020 16
DC() Staged CI Segmented Death 1 SI (Severe Illness) Financial(Remark) 17
( 2) (3) (5), 2 2 1 18
2020 2010 5,000 2007 2,000 520 19
20
21
22
23
24
40,000 15.0% 20.0% 30,000 10.8% 12.1% 15.0% 20,000 10,000 6.8% 11.1% 10.0% 5.0% 0 2003 2004 2005 2006 2007(E) 0.0% 25
2,000 () 120.0% 1,500 95.1% 95.4% 95.7% 97.1% 96.0% 100.0% 80.0% 1,000 500 0 2003 2004 2005 2006 2007(E) 60.0% 40.0% 20.0% 0.0% 26
3.2 3.7 : 55 Gap 8,000? 5,500 2,500 8,000 27
3,000 2,500 2,000 1,500 1,000 500 0 13% 8,325 19,324 21,800 31,200 2000 2006 2007(E) 2010(T) 50,000 40,000 30,000 20,000 10,000 0 28