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 2017 (USD $m’s). 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 | Munich Reinsurance Company | $37,821 | $36,378 | $21,377 | $20,330 | $33,782 | 80.5% | 33.5% | 114.0% |
| 2 | Swiss Re Ltd. | $34,775 | $32,316 | $20,371 | $19,631 | $34,294 | 82.3% | 33.1% | 115.4% |
| 3 | Berkshire Hathaway Inc. 4 | $22,740 | $22,740 | $17,815 | $17,815 | $351,954 | N/A | N/A | 116.4% |
| 4 | Hannover Rück S.E.4 5 | $21,314 | $18,727 | $12,832 | $10,973 | $11,126 | 71.3% | 27.8% | 99.1% |
| 5 | SCOR S.E. | $17,718 | $16,130 | $7,218 | $6,468 | $7,458 | 71.0% | 32.7% | 103.7% |
| 6 | Lloyd's 6,7 | $14,250 | $10,726 | $14,250 | $10,726 | $36,119 | 83.8% | 33.3% | 117.2% |
| 7 | Reinsurance Group of America Inc. | $10,704 | $9,841 | N/A | N/A | $9,570 | N/A | N/A | N/A |
| 8 | China Reinsurance (Group) Corporation | $10,435 | $9,974 | $3,628 | $3,509 | $11,578 | 62.6% | 41.3% | 103.9% |
| 9 | Great West Lifeco | $7,924 | $7,823 | N/A | N/A | $16,148 | N/A | N/A | N/A |
| 10 | Korean Reinsurance Company | $6,775 | $4,720 | $5,958 | $3,988 | $2,033 | 77.7% | 18.7% | 96.4% |
| 11 | General Insurance Corporation of India 8 | $6,497 | $5,798 | $6,430 | $5,741 | $7,914 | 86.3% | 17.5% | 103.8% |
| 12 | PartnerRe Ltd. | $5,588 | $5,120 | $4,189 | $3,776 | $6,745 | 69.8% | 29.5% | 99.3% |
| 13 | Everest Re Group Ltd. | $5,115 | $4,614 | $5,115 | $4,614 | $8,369 | 76.6% | 26.5% | 103.1% |
| 14 | XL Group Ltd. | $4,916 | $3,976 | $4,682 | $3,964 | $11,461 | 79.9% | 31.5% | 111.3% |
| 15 | Transatlantic Holdings, Inc. | $4,211 | $3,810 | $4,211 | $3,810 | $5,218 | 73.1% | 33.8% | 106.9% |
| 16 | MS&AD Insurance Group Holdings, Inc. 8, 9 | $3,385 | N/A | $3,385 | N/A | $27,933 | N/A | N/A | N/A |
| 17 | R+V Versicherung AG 10 | $3,071 | $3,011 | $3,071 | $3,011 | $2,576 | 73.8% | 25.3% | 99.1% |
| 18 | MAPFRE RE, Compania de Reaseguros S.A. 11 | $2,812 | $2,517 | $2,812 | $2,517 | $1,559 | 73.6% | 23.2% | 96.8% |
| 19 | RenaissanceRe Holdings Ltd. | $2,798 | $1,871 | $2,798 | $1,871 | $4,391 | 108.4% | 29.6% | 137.9% |
| 20 | The Toa Reinsurance Company, Limited 8, 9 | $2,505 | $2,198 | $2,505 | $2,198 | $1,887 | 70.1% | 26.3% | 96.4% |
| 21 | Axis Capital Holdings Limited | $2,428 | $1,939 | $2,428 | $1,939 | $5,341 | 79.6% | 29.2% | 108.8% |
| 22 | Sompo Holdings, Inc. 8, 9 | $2,304 | $1,918 | $2,304 | $1,918 | $18,032 | N/A | N/A | N/A |
| 23 | Arch Capital Group Ltd. 12 | $2,241 | $1,728 | $2,241 | $1,728 | $10,040 | 72.3% | 31.6% | 103.9% |
| 24 | Assicurazioni Generali SpA | $2,054 | $2,054 | $878 | $878 | $31,361 | 104.0% | 25.8% | 129.9% |
| 25 | IRB - Brasil Resseguros S.A. | $1,747 | $1,224 | $1,438 | $933 | $1,082 | 56.4% | 28.6% | 85.0% |
| 26 | Pacific LifeCorp | $1,707 | $1,707 | N/A | N/A | $13,704 | N/A | N/A | N/A |
| 27 | Qatar Reinsurance Company, Limited | $1,626 | $713 | $1,626 | $713 | $705 | 95.6% | 26.1% | 121.6% |
| 28 | Tokio Millennium Re AG | $1,606 | $1,302 | $1,606 | $1,302 | $1,191 | 82.0% | 34.0% | 116.0% |
| 29 | Aspen Insurance Holdings Limited | $1,549 | $1,250 | $1,549 | $1,250 | $2,929 | 92.6% | 32.6% | 125.1% |
| 30 | Caisse Centrale de Reassurance | $1,543 | $1,411 | $1,392 | $1,265 | $2,809 | 81.8% | 11.5% | 93.3% |
| 31 | Validus Holdings, Ltd. 13 | $1,508 | $1,289 | $1,508 | $1,289 | $4,916 | 103.1% | 26.9% | 130.0% |
| 32 | Odyssey Re Holdings Corp. | $1,494 | $1,411 | $1,494 | $1,411 | $4,013 | 69.6% | 32.3% | 101.9% |
| 33 | Deutsche Rueckversicherung AG | $1,440 | $881 | $1,372 | $849 | $270 | 66.9% | 29.3% | 96.2% |
| 34 | Taiping Reinsurance Co. Ltd. 9 | $1,415 | $1,279 | $866 | $734 | $1,050 | 56.7% | 39.6% | 96.4% |
| 35 | Markel Corporation | $1,112 | $978 | $1,112 | $978 | $9,502 | 99.8% | 32.2% | 132.0% |
| 36 | Peak Reinsurance Company Ltd. | $1,098 | $845 | $999 | $746 | $912 | 79.3% | 28.5% | 107.7% |
| 37 | American Agricultural Insurance Company 14 | $1,053 | $364 | $1,053 | $364 | $585 | 87.7% | 21.0% | 108.7% |
| 38 | QBE Insurance Group Limited | $1,039 | $837 | $1,039 | $837 | $8,901 | 78.8% | 29.6% | 108.4% |
| 39 | Sirius International Group, Ltd. 15 | $989 | $837 | $989 | $837 | $1,917 | 74.9% | N/A | N/A |
| 40 | Maiden Holdings, Ltd. | $823 | $807 | $823 | $807 | $1,233 | 78.1% | 29.0% | 107.1% |
| 41 | African Reinsurance Corporation | $747 | $635 | $692 | $584 | $902 | 61.6% | 34.4% | 96.0% |
| 42 | Chubb Limited | $746 | $685 | $746 | $685 | $51,172 | 79.7% | 31.4% | 111.1% |
| 43 | Hiscox Ltd. | $734 | $255 | $734 | $255 | $2,367 | 70.1% | 31.8% | 101.9% |
| 44 | Allied World Assurance Company Holdings, AG | $725 | $679 | $725 | $679 | $2,524 | 99.2% | 30.2% | 129.4% |
| 45 | Greenlight Capital Re, Ltd. | $693 | $636 | $693 | $636 | $844 | 80.3% | 30.0% | 110.3% |
| 46 | Nacional de Reaseguros, S.A. | $666 | $531 | $561 | $428 | $407 | 67.8% | 96.1% | 163.9% |
| 47 | Third Point Reinsurance Ltd. | $642 | $639 | $642 | $639 | $1,662 | 67.6% | 40.1% | 107.8% |
| 48 | W.R. Berkley Corporation | $607 | $545 | $607 | $545 | $5,451 | 80.2% | 37.4% | 117.6% |
| 49 | ACR Capital Holdings Pte, Ltd. | $526 | $448 | $526 | $448 | $846 | 68.1% | 39.0% | 107.1% |
| 50 | Central Reinsurance Corporation | $491 | $460 | $362 | $338 | $519 | 66.8% | 27.1% | 93.9% |
Notes:
1 All non-USD currencies converted to USD using foreign exchange rate at company’s fiscal year-end.
2 As reported on Balance Sheet.
3 Non-Life only.
4 Loss and expense ratio detail not available on a GAAP basis.
5 Net premium written data not reported, net premium earned substituted.
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, 2018.
9 Net asset value used for total shareholders’ funds
10 Ratios are as reported and calculated on a gross basis.
11 Premium data excludes intergroup reinsurance.
12 Based on Arch Capital Group Ltd. consolidated financial statements and includes Watford Re segment.
13 Based on Validus Holdings, Ltd. consolidated financial statements and includes AlphaCat segment premiums and non-controlling interest.
14 Data and ratios based on US Statutory Filing.
15 Expense and combined ratios not available on a segment basis.
(N/A) – Information not applicable or not available at time of publication.
