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 2019 (USD $m’s)¹. 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. | $42,228 | $39,649 | $26,095 | $25,135 | $31,037 | 79.7% | 31.7% | 111.4% |
| 2 | Munich Reinsurance Company | $37,864 | $35,282 | $24,742 | $23,455 | $34,245 | 66.7% | 34.4% | 101% |
| 3 | Hannover Rück S.E.4 4 | $25,309 | $22,096 | $16,555 | $14,333 | $12,718 | 69% | 29.5% | 98.5% |
| 4 | SCOR S.E. | $18,302 | $16,176 | $8,005 | $6,826 | $7,139 | 68.1% | 30.9% | 99% |
| 5 | Berkshire Hathaway Inc. 4 | $16,089 | $16,089 | $11,112 | $11,112 | $428,563 | 86.6% | 25.1% | 111.7% |
| 6 | Lloyd's 5, 6 | $14,978 | $10,433 | $14,978 | $10,433 | $39,150 | 71% | 34.5% | 105.5% |
| 7 | China Reinsurance (Group) Corporation | $13,161 | $12,196 | $5,218 | $4,820 | $13,881 | 65% | 36.4% | 101.4% |
| 8 | Reinsurance Group of America Inc. | $12,150 | $11,297 | N/A | N/A | $11,601 | N/A | N/A | N/A |
| 9 | Great West Lifeco | $10,149 | $10,055 | N/A | N/A | $19,549 | N/A | N/A | N/A |
| 10 | PartnerRe Ltd. | $7,285 | $6,909 | $5,792 | $5,439 | $7,270 | 72.4% | 28% | 100.4% |
| 11 | Korean Reinsurance Company | $6,963 | $4,785 | $6,157 | $4,079 | $2,124 | 85.9% | 14.9% | 100.8% |
| 12 | General Insurance Corporation of India 7 | $6,862 | $6,229 | $6,735 | $6,109 | $5,027 | 97.2% | 18.2% | 115.5% |
| 13 | Everest Re Group Ltd. | $6,356 | $5,732 | $6,356 | $5,732 | $9,133 | 66.9% | 28.4% | 95.4% |
| 14 | XL Bermuda Ltd. | $5,010 | $4,252 | $5,010 | $4,252 | $13,240 | 65.4% | 34.5% | 99.9% |
| 15 | Transatlantic Holdings, Inc. | $4,946 | $4,495 | $4,946 | $4,495 | $5,243 | 68.4% | 32.5% | 100.9% |
| 16 | RenaissanceRe Holdings Ltd. | $4,808 | $3,381 | $4,808 | $3,381 | $5,971 | 62.8% | 29.5% | 92.3% |
| 17 | MS&AD Insurance Group Holdings, Inc. 7, 8 | $4,188 | N/A | $4,188 | N/A | $15,120 | N/A | N/A | N/A |
| 18 | MAPFRE RE, Compania de Reaseguros S.A. 9 | $3,313 | $2,690 | $2,716 | $2,100 | $1,956 | 77.8% | 24.2% | 102.1% |
| 19 | Axis Capital Holdings Limited | $3,223 | $2,280 | $3,223 | $2,280 | $5,544 | 73.7% | 27.5% | 101.2% |
| 20 | R+V Versicherung AG 10 | $3,160 | $3,160 | $3,160 | $3,160 | $2,408 | 78.6% | 24.3% | 102.9% |
| 21 | Arch Capital Group Ltd. 11 | $3,078 | $2,136 | $3,078 | $2,136 | $12,260 | 72.4% | 26.6% | 99% |
| 22 | The Toa Reinsurance Company, Limited 7, 8 | $2,878 | $2,472 | $2,878 | $2,472 | $2,671 | 82.7% | 27% | 109.7% |
| 23 | Assicurazioni Generali SpA | $2,646 | $2,646 | $1,093 | $1,093 | $33,433 | 66.7% | 28.2% | 94.9% |
| 24 | Sompo International Holdings, Ltd. | $2,441 | $1,972 | $2,441 | $1,972 | $6,662 | 60% | 31.6% | 91.6% |
| 25 | IRB - Brasil Resseguros S.A. | $2,144 | $1,561 | $2,114 | $1,561 | $1,152 | 56.4% | 25.3% | 81.7% |
| 26 | Pacific LifeCorp | $2,072 | $1,625 | N/A | N/A | $16,055 | N/A | N/A | N/A |
| 27 | Taiping Reinsurance Co. Ltd. 8 | $2,040 | $1,787 | $1,255 | $1,064 | $1,161 | 64.5% | 34.8% | 99.3% |
| 28 | Validus Reinsurance, Ltd. | $1,991 | $1,296 | $1,991 | $1,296 | $3,447 | 73.8% | 21.1% | 94.8% |
| 29 | Odyssey Re Holdings Corp. | $1,849 | $1,783 | $1,849 | $1,783 | $4,590 | 66.7% | 27.1% | 93.7% |
| 30 | Caisse Centrale de Reassurance | $1,688 | $1,541 | $1,446 | $1,304 | $2,856 | 86.6% | 10.1% | 96.7% |
| 31 | Peak Reinsurance Company Ltd. | $1,665 | $1,258 | $1,531 | $1,125 | $1,095 | 73.1% | 27.1% | 100.2% |
| 32 | Aspen Insurance Holdings Limited | $1,486 | $1,251 | $1,486 | $1,251 | $2,726 | 73.1% | 30% | 103.1% |
| 33 | Sirius International Insurance Group, Ltd. | $1,351 | $1,112 | $1,351 | $1,112 | $1,866 | 81.7% | 26.4% | 108.1% |
| 34 | Deutsche Rueckversicherung AG | $1,241 | $825 | $1,139 | $775 | $337 | 72.5% | 35.6% | 108.1% |
| 35 | QBE Insurance Group Limited | $1,179 | $984 | $1,179 | $984 | $8,153 | 76.2% | 27.5% | 103.7% |
| 36 | Tokio Millennium Re AG 7 | $1,174 | $921 | $1,174 | $921 | $17,883 | N/A | N/A | N/A |
| 37 | Markel Corporation | $1,114 | $965 | $1,114 | $965 | $11,078 | 69.8% | 34.6% | 104.4% |
| 38 | American Agricultural Insurance Company 12 | $1,079 | $385 | $1,079 | $385 | $620 | 74.8% | 20.8% | 95.6% |
| 39 | Qianhai Reinsurance Co., Ltd. | $930 | $563 | $333 | $294 | $414 | 69.8% | 32.7% | 102.5% |
| 40 | Hiscox Ltd. | $867 | $217 | $867 | $217 | $2,190 | 136.2% | 37.6% | 173.7% |
| 41 | African Reinsurance Corporation | $844 | $682 | $787 | $632 | $975 | 60.4% | 38% | 98.4% |
| 42 | Allied World Assurance Company Holdings, AG | $821 | $736 | $821 | $736 | $4,136 | 65.6% | 26.7% | 92.3% |
| 43 | Qatar Reinsurance Company, Limited | $749 | $654 | $749 | $654 | $696 | 80.7% | 38.1% | 118.8% |
| 44 | Chubb Limited | $719 | $649 | $719 | $649 | $55,331 | 53.8% | 31.2% | 85% |
| 45 | W.R. Berkley Corporation | $678 | N/A | $678 | N/A | $6,118 | N/A | N/A | N/A |
| 46 | Nacional de Reaseguros, S.A. | $662 | $529 | $553 | $421 | $438 | 63.1% | 29.7% | 92.8% |
| 47 | ACR Capital Holdings Pte, Ltd. 13 | $656 | $565 | $656 | $565 | $794 | 75.3% | 33.9% | 109.2% |
| 48 | Third Point Reinsurance Ltd. | $632 | $623 | $632 | $623 | $1,414 | 57.6% | 45.6% | 103.1% |
| 49 | Central Reinsurance Corporation | $558 | $518 | $458 | $423 | $524 | 73% | 28.6% | 101.6% |
| 50 | Wilton Re U.S. Holdings, Inc. | $543 | $420 | $543 | N/A | $4,105 | N/A | N/A | N/A |
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, unless otherwise noted.
3. Non-Life only.
4. Net premium written data not reported, net premium earned substituted.
5. Lloyd’s premiums are reinsurance only. Premiums for certain groups within the rankings may include Lloyd’s Syndicate premiums when applicable.
6. Total shareholders’ funds includes Lloyd’s members’ assets and Lloyd’s central reserves.
7. Fiscal year-end March 31, 2020.
8. Net asset value used for total shareholders’ funds.
9. Premium data excludes intergroup reinsurance.
10. Ratios are as reported and calculated on a gross basis.
11. Based on Arch Capital Group Ltd. consolidated financial statements and includes Watford Re segment.
12. Data and ratios based on US Statutory Filing.
13. Effective December 5, 2019, Asia Capital Re ceased writing new business.
(N/A) – Information not applicable or not available at time of publication.
