Evolution of the top 20 reinsurers’ rating 2017-2018 - AM Best and S&P

CompanyCountryRating 2018Rating 2017
S&PAM BestS&PAM Best
Munich Reinsurance
GermanyAA- / stableA+ / stableAA- / stableA+ / under review
Swiss Re
SwitzerlandAA- / stableA+ / stableAA- / stableA+ / positive
Berkshire Hathaway
United StatesAA+ / negativeA++ / stableAA / stableA++ / stable
Hannover Rück
GermanyAA- / stableA+ / stableAA- / stableA+ / stable
SCOR
FranceAA- / stableA+ / stableAA- / stableA / positive
Lloyd's
United KingdomA+ / negativeA / stableA+ / stableA / stable
Reinsurance Group of America
United StatesAA- / stableA+ / stablesAA- / stableA+ / stable
China Re
ChinaA+ / stableA / stablesA+ / stableA / stable
Great West Lifeco
CanadaAA / stableA+ / stablesAA / stableA+ / stable
Korean Re
South KoreaA / stableA / stableA / stableA / stable
General Insurance Corporation of India
IndiaNRA- / stableNRA- / stable
PartnerRe
BermudaA+ / stableA / positiveA+ / stableA / stable
Everest Re
BermudaA+ / stableA+ / stableA+ / stableA+ / stable
XL Group
IrelandA+ / stableA uA+ / positiveA / stable
Transatlantic Holdings
United StatesA+ / stableA+ / stableA+ / stableA+ / stable
MS&AD
JapanA+ / stableA+ / stableA+ / stableA- / stable
R+V Versicherung AG
GermanyAA- / stable-AA- / stable-
MAPFRE RE
SpainA / positiveA / stableA / positiveA / stable
RenaissanceRe
BermudaA+ / stableA+ / stableAA- / negativeA+ / stable
The Toa Reinsurance
JapanA+ / stableA / stableA+ / stableA / stable
NR : Not rated
u : under review
Source: AM Best et S&P

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