Magazine date:
Dec 2016 The reinsurance market in 2015: The top 25 world reinsurers
in thousands USDRanking 2015 | Ranking 2014 | Company | Country | Turnover | Shareholder's equity | Combined ratio | A.M. Best rating | S&P rating |
|---|---|---|---|---|---|---|---|---|
1 | 1 | Munich Re | Germany | 36 976 000 | 33 873 000 | 89.7% | A+ | AA- |
2 | 2 | Swiss Re | Switzerland | 32 249 000 | 33 517 000 | 87.4% | A+ | AA- |
3 | 3 | Hannover Re | Germany | 18 651 000 | 9 591 000 | 94.7% | A+ | AA- |
4 | 5 | SCOR | France | 14 665 000 | 6 953 000 | 91.1% | A | AA- |
5 | 6 | Lloyd’s | United Kingdom | 12 740 000 | 35 903 000 | 86.7% | A | A+ |
6 | 4 | Berkshire Hathaway | United States | 12 236 000 | 258 627 000 | 90.5% | A++ | AA |
7 | 7 | Reinsurance Group of America | United States | 9 414 400 | 6 135 000 | - | A+ | AA- |
8 | 8 | China Re | China | 8 283 000 | 10 935 000 | 96% | A | A+ |
9 | 10 | Everest Re | Bermudes | 5 876 300 | 7 608 585 | 83.4% | A+ | A+ |
10 | 9 | Partner Re | Bermuda | 5 547 525 | 6 902 951 | 85.6% | A | A+ |
11 | 11 | Korean Re | South Korea | 5 443 000 | 1 719 000 | 98.4% | A | A |
12 | 12 | Great West Lifeco | Canada | 4 173 000 | 18 220 000 | - | A+ | NR |
13 | 13 | Transatlantic Re | United States | 3 662 000 | 5 210 000 | 89.5% | A+ | A+ |
14 | 14 | GIC India | India | 2 786 000 | 5 936 000 | 109.7% | A- | NR |
15 | 18 | XL Group | Ireland | 2 583 000 | 13 654 000 | 81% | A | A+ |
16 | 15 | Mapfre Re | Spain | 2 289 000 | 1 283 000 | 87.9% | A | A |
17 | 17 | R+V Versicherung | Germany | 2 164 000 | 2 349 000 | 98% | NR | AA- |
18 | 22 | Toa Reinsurance | Japan | 2 067 000 | 1 501 000 | 97.5% | A+ | A+ |
19 | 16 | Axis Capital | Bermuda | 2 021 000 | 5 867 000 | 86% | A+ | A+ |
20 | 26 | Renaissance Re | Bermuda | 1 551 000 | 3 866 000 | 50.2% | A+ | AA- |
21 | 23 | MS Amlin plc | United Kingdom | 1 930 000 | 2 741 000 | 78.2% | - | - |
22 | 27 | Arch Capital Group | Bermuda | 1908 000 | 6 944 000 | 83.1% | A+ | A+ |
23 | 21 | Generali (1) | Italy | 1 894 000 | 26 999000 | 101.8% | A | - |
24 | 20 | QBE Insurance | Australia | 1 624 000 | 10 560 000 | 83.4 | A | NR |
25 | 40 | Tokio Marine | Japan | 1 546 000 | 29 152 000 | 92.9% | A++ | A+ |
NR= Not Rated
The reinsurance market in 2015: Top 10 European reinsurers
in thousands USDCompany | Country | Turnover | Shareholder's equity | Combined ratio | A.M. Best rating | S&P rating |
|---|---|---|---|---|---|---|
Munich Re | Germany | 36 976 000 | 33 873 000 | 89.7% | A+ | AA- |
Swiss Re | Switzerland | 32 249 000 | 33 517 000 | 87.4% | A+ | AA- |
Hannover Re | Germany | 18 651 000 | 9 591 000 | 94.7% | A+ | AA- |
SCOR | France | 14 665 000 | 6 953 000 | 91.1% | A | AA- |
Lloyd’s | United Kingdom | 12 740 000 | 35 903 000 | 86.7% | A | A+ |
XL Group | Ireland | 2 583 000 | 13 654 000 | 81% | A | A+ |
Mapfre Re | Spain | 2 289 000 | 1 283 000 | 87.9% | A | A |
R+V Versicherung | Germany | 2 164 000 | 2 349 000 | 98% | NR | AA- |
MS Amlin plc | United Kingdom | 1 930 000 | 2 741 000 | 78.2% | - | - |
Generali (1) | Italy | 1 894 000 | 26 999 000 | 101,8 | A | - |
NR= Not Rated Sources: Standard& Poor’s, A.M.Best, companies’reports
