Reinsurance in Luxembourg

Luxembourg has achieved its ambition to make insurance the third pillar of its financial sector, along with investment funds and banking.

It is essential for players engaged in the insurance industry to understand the specificities of the markets in which they operate.

In collaboration with PwC's subject matters experts, PwC's Academy has developed a series of 3 training modules to make a first step into the life-insurance, non-life insurance and reinsurance markets in Luxembourg and understand their key concepts and challenges.

• Life insurance in Luxembourg (2h)
• Non-life insurance in Luxembourg (2h)
• Reinsurance in Luxembourg (2h)

By the end of this training, participants will be able to:

• understand the main characteristics of the Luxembourg reinsurance market (products, players, main business models etc.);
• understand the current and future challenges that affect the market and drive its transformation;
• understand the key elements of the Luxembourg reinsurance regulatory environment.

The training is composed of 2 sections:

A. The Luxembourg market

1. Introduction to the Luxembourg insurance market

2. Insurance market ecosystem

3. Market’s structure

4. Luxembourg (re)insurance market’s key figures

5. Business models

6. Q&A

B. Legal and regulatory environment

1. Laws governing the (re)insurance sector

2. Regulations governing the insurance sector

3. Circular letters of the Commissariat aux Assurances

4. Q&A