Top 50 Global Reinsurance Groups
This Top 50 Global Reinsurance Groups directory is based on research data from rating agency A.M. Best.
Listing the top reinsurers in the world, this directory provides a simple way to analyse the world’s top reinsurance companies.
The global reinsurance groups featured are ranked by unaffiliated gross premiums written in 2016. You can sort the table by any of the headings and search it to analyse individual reinsurance companies.
| Ranking | Reinsurance Company Name | Gross Life & Non-Life Reinsurance Premiums Written | Net Life & Non-Life Reinsurance Premiums Written | Gross Non-Life Only Reinsurance Premiums Written | Net Non-Life Only Reinsurance Premiums Written | Shareholders Funds (2) | Loss Ratios (3) | Expense Ratios (3) | Combined Ratios (3) |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Swiss Re Ltd. | $35,622 | $33,570 | $21,878 | $21,430 | $35,716 | 61.3% | 33.6% | 94.8% |
| 2 | Munich Reinsurance Company | $33,154 | $31,891 | $18,784 | $17,931 | $33,493 | 63.3% | 32.4% | 95.8% |
| 3 | Hannover Rück S.E.4 | $17,232 | $15,192 | $9,699 | $8,414 | $10,264 | 66.8% | 27.2% | 94.0% |
| 4 | SCOR S.E. | $14,569 | $13,238 | $5,942 | $5,323 | $7,055 | 59.5% | 33.6% | 93.1% |
| 5 | Berkshire Hathaway Inc. 5 | $12,709 | $12,709 | $8,037 | $8,037 | $286,359 | N/A | N/A | 89.4% |
| 6 | Lloyd's 6, 7 | $11,576 | $8,694 | $11,576 | $8,694 | $34,101 | 53.2% | 39.2% | 92.3% |
| 7 | Reinsurance Group of America Inc. | $10,107 | $9,249 | N/A | N/A | $7,093 | N/A | N/A | N/A |
| 8 | China Reinsurance (Group) Corporation | $7,857 | $7,517 | $3,342 | $3,262 | $10,384 | 64.4% | 37.5% | 101.9% |
| 9 | Great West Lifeco | $6,195 | $6,112 | N/A | N/A | $13,857 | N/A | N/A | N/A |
| 10 | Korean Reinsurance Company | $5,554 | $3,903 | $4,880 | $3,312 | $1,755 | 81.7% | 17.6% | 99.2% |
| 11 | PartnerRe Ltd. | $5,357 | $4,954 | $4,189 | $3,837 | $6,688 | 60.2% | 33.4% | 93.6% |
| 12 | General Insurance Corporation of India 8 | $5,210 | $4,678 | $5,153 | $4,626 | $7,681 | 79.8% | 21.4% | 101.1% |
| 13 | Transatlantic Holdings, Inc. | $4,330 | $3,969 | $4,330 | $3,969 | $5,203 | 59.5% | 33.8% | 93.2% |
| 14 | Everest Re Group Ltd. 9 | $4,247 | $3,885 | $4,247 | $3,885 | $8,075 | 50.1% | 27.5% | 77.6% |
| 15 | XL Group Ltd. | $4,240 | $3,527 | $3,975 | $3,515 | $12,961 | 56.3% | 32.1% | 88.4% |
| 16 | MS&AD Insurance Group Holdings, Inc. 8, 10, 17 | $3,192 | N/A | $3,192 | N/A | $24,583 | N/A | N/A | N/A |
| 17 | MAPFRE RE, Compania de Reaseguros S.A. 11 | $2,426 | $2,180 | $1,813 | $1,584 | $1,348 | 68.3% | 23.6% | 91.9% |
| 18 | RenaissanceRe Holdings Ltd. | $2,375 | $1,535 | $2,375 | $1,535 | $4,867 | 37.8% | 34.7% | 72.5% |
| 19 | R+V Versicherung AG 12 | $2,348 | $2,305 | $2,348 | $2,305 | $2,265 | 73.8% | 25.3% | 99.1% |
| 20 | The Toa Reinsurance Company, Limited 8, 10 | $2,251 | $1,970 | $2,251 | $1,970 | $1,725 | 67.7% | 26.0% | 93.7% |
| 21 | Axis Capital Holdings Limited | $2,250 | $1,946 | $2,250 | $1,946 | $6,272 | 55.1% | 32.8% | 87.8% |
| 22 | Arch Capital Group Ltd. 13 | $2,029 | $1,568 | $2,029 | $1,568 | $9,106 | 52.3% | 33.5% | 85.8% |
| 23 | Assicurazioni Generali SpA | $1,936 | $1,936 | $791 | $791 | $27,047 | 56.0% | 23.3% | 79.3% |
| 24 | QBE Insurance Group Limited | $1,698 | $1,390 | $1,698 | $1,390 | $10,334 | 55.1% | 32.7% | 87.8% |
| 25 | Endurance Specialty Holdings, Ltd. | $1,632 | $1,314 | $1,632 | $1,314 | $5,142 | 47.0% | 30.9% | 77.9% |
| 26 | Pacific LifeCorp | $1,570 | $1,172 | N/A | N/A | $11,140 | N/A | N/A | N/A |
| 27 | Tokio Marine Holdings, Inc. 10, 14 | $1,553 | $1,318 | $1,553 | $1,318 | $32,092 | 58.5% | 37.1% | 95.6% |
| 28 | IRB - Brasil Resseguros S.A. | $1,515 | $1,089 | $1,412 | $1,004 | $1,023 | 67.7% | 26.9% | 94.6% |
| 29 | Odyssey Re Holdings Corp. | $1,464 | $1,335 | $1,464 | $1,335 | $3,833 | 52.3% | 34.3% | 86.6% |
| 30 | Aspen Insurance Holdings Limited | $1,413 | $1,269 | $1,413 | $1,269 | $3,648 | 55.7% | 34.3% | 90.0% |
| 31 | Caisse Centrale de Reassurance | $1,386 | $1,352 | $1,254 | $1,225 | $2,529 | 74.8% | 15.3% | 90.1% |
| 32 | Validus Holdings, Ltd. 15 | $1,381 | $1,263 | $1,381 | $1,263 | $4,004 | 38.2% | 27.3% | 65.5% |
| 33 | Deutsche Rueckversicherung AG | $1,287 | $758 | $1,238 | $727 | $245 | 66.0% | 36.1% | 102.1% |
| 34 | Sirius International Group, Ltd. | $1,269 | $938 | $1,269 | $938 | $2,209 | 57.8% | 35.3% | 93.1% |
| 35 | Qatar Reinsurance Company, Limited | $1,249 | $364 | $1,249 | $364 | $772 | 72.9% | 24.7% | 97.6% |
| 36 | Taiping Reinsurance Co. Ltd. 10 | $1,183 | $1,078 | $639 | $545 | $886 | 56.6% | 36.3% | 92.9% |
| 37 | Markel Corporation | $1,041 | $899 | $1,041 | $899 | $8,467 | 50.3% | 36.9% | 87.2% |
| 38 | American Agricultural Insurance Company 16 | $900 | $341 | $900 | $341 | $576 | 73.8% | 19.0% | 92.8% |
| 39 | Maiden Holdings, Ltd. | $824 | $766 | $824 | $766 | $1,361 | 78.9% | 30.5% | 109.4% |
| 40 | Chubb Limited | $739 | $676 | $739 | $676 | $48,275 | 45.8% | 33.7% | 79.4% |
| 41 | W.R. Berkley Corporation | $709 | $648 | $709 | $648 | $5,081 | 61.8% | 38.8% | 100.6% |
| 42 | Allied World Assurance Company Holdings, AG | $706 | $665 | $706 | $665 | $3,552 | 52.9% | 29.4% | 82.3% |
| 43 | Peak Reinsurance Company Ltd. | $698 | $620 | $664 | $586 | $841 | 65.5% | 31.9% | 97.4% |
| 44 | Hiscox Ltd. | $695 | $324 | $695 | $324 | $2,237 | 39.1% | 26.5% | 65.6% |
| 45 | African Reinsurance Corporation | $642 | $556 | $598 | $512 | $815 | 55.5% | 35.3% | 90.8% |
| 46 | Sompo Japan Nipponkoa Holdings, Inc. 8, 10 | $631 | $610 | $631 | $610 | $16,802 | N/A | N/A | N/A |
| 47 | Third Point Reinsurance Ltd. | $617 | $615 | $617 | $615 | $1,450 | 67.1% | 41.4% | 108.5% |
| 48 | ACR Capital Holdings Pte, Ltd. | $591 | $298 | $591 | $298 | $789 | 72.4% | 43.4% | 115.8% |
| 49 | Nacional de Reaseguros, S.A. | $561 | $399 | $473 | $313 | $336 | 58.8% | 31.7% | 90.4% |
| 50 | Greenlight Capital Re, Ltd. | $536 | $526 | $536 | $526 | $892 | 74.2% | 31.2% | 105.5% |
Notes:
1. All non-USD currencies converted to USD using foreign exchange rate at company’s scale year-end.
2. As reported on balance sheet.
3. Non-Life only.
4. Net premium written data not reported, net premium earned substituted.
5. Loss and expense ratio detail not available on a GAAP basis.
6. Lloyd’s premiums are reinsurance only. Premiums for certain groups within the rankings also may include Lloyd’s Syndicate premiums when applicable.
7. Total shareholders’ funds includes Lloyd’s members’ assets and Lloyd’s central reserves.
8. Fiscal year-end March 31, 2017.
9. Based on Everest Re Group Ltd. consolidated nancial statements and includes cessions to Mt. Logan Re Ltd.
10. Net asset value used for total shareholders’ funds.
11. Premium data excludes intergroup reinsurance.
12. Ratios are as reported and calculated on a gross basis.
13. Based on Arch Capital Group Ltd. consolidated nancial statements and includes Watford Re segment.
14. TSF of Tokio Marine Holdings Inc. at year-end Mar. 31, 2017, premium data based on Tokio Millennium Re AG year-end Dec. 31, 2016.
15. Based on Validus Holdings, Ltd. consolidated nancial statements and includes AlphaCat segment.
16. Data and ratios based on U.S. Statutory Filing.
17. Data includes MS Amlin through December 31, 2016.
(N/A). – Information not applicable or not available at time of publication.
