World's largest reinsurers in 2022 - Top 20

Figures in billion

Rank	Company	Country	Turnover			2021-2022 evolution ⁽¹⁾	2022 shares
Rank	Company	Country	2022	2021	2020	2021-2022 evolution ⁽¹⁾	2022 shares
1	Munich Re	Germany	51.32	46.829	45.839	9.59%	12.81%
2	Swiss Re	Switzerland	39.834	39.317	36.579	1.31%	9.95%
3	Hannover Re	Germany	35.521	31.438	30.418	12.99%	8.87%
4	Canada Life Re	Canada	25.618	24.394	15.373	5.02%	6.40%
5	Berkshire Hathaway	United States	22.147	20.579	19.761	7.62%	5.53%
6	SCOR	France	21.064	19.93	20.104	5.69%	5.26%
7	Lloyd's	United Kingdom	18.527	19.34	16.509	-4.20%	4.63%
8	China Re	China	18.51	19.036	17.7	-2.76%	4.62%
9	Reinsurance Group of America	United States	13.848	13.381	12.641	3.49%	3.46%
10	Everest Re Group	Bermuda	9.316	9.067	7.282	2.75%	2.33%
Top 10 reinsurers total			255.705	243.311	223.321	5.09%	63.86%
11	Renaissance Re	Bermuda	9.214	7.834	5.806	17.62%	2.30%
12	PartnerRe	Bermuda	8.689	8.204	6.876	5.91%	2.17%
13	MAPFRE RE	Spain	7.708	7.106	6.985	8.47%	1.92%
14	Korean Re	South Korea	7.6	7.385	7.088	2.91%	1.90%
15	Arch Capital	Bermuda	6.948	5.094	3.472	36.40%	1.73%
16	Allianz SE Reinsurance	Germany	6.528	6.109	8.397	6.86%	1.63%
17	TransRe	United States	5.37	6.034	5.237	-11.00%	1.34%
18	MS&AD Ins. Group	Japan	5.117	4.393	3.922	16.48%	1.28%
19	GIC India	India	4.453	5.7	6.428	-21.88%	1.11%
20	Liberty Mutual	United States	4.177	3.491	3.479	19.65%	1.04%
Top 20 reinsurers total			321.509	304.661	279.896	5.53%	80.28%
Top 50 reinsurers total			381.668	365.606	324.848	4.39%	95.3%
Top 100 reinsurers total			399.902	383.236	339.66	4.35%	99.85%
Rest of the market ⁽¹⁾			0.585	0.517	0.455	13.15%	0.15%
World total			400.487	383.753	340.115	4.36%	100%

⁽¹⁾ 36 companies
Source: Atlas Magazine study (Key indicators 2020 - 2022 for 136 reinsurers)

World's largest reinsurers in 2022 - Top 20

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