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| Ranking (1) | Company | Loss ratio * | Management expenses ratio * | Combined ratio |
| 1 | Munich Re | 66.50% | 15.90% | 82.40% |
| 2 | Lloyd's | 52.50% | 34.40% | 86.90% |
| 3 | Berkshire Hathaway | 55.1% | 27.8% | 82.9% |
| 4 | Swiss Re | - | - | 89.90% |
| 5 | Hannover Re | - | - | 87% |
| 6 | Everest Re Group | 62.2% | 27.5% | 89.7% |
| 7 | Renaissance Re | 52.8% | 31.1% | 83.9% |
| 8 | Arch Capital | 59.7% | 23.5% | 83.2% |
| 9 | SCOR | - | - | 68.30% |
| 10 | Mapfre Re | 68.20% | 23.40% | 91.60% |
* The loss ratio and management expenses ratio for 2024 are not available for financial statements reported in accordance with IFRS17. This is the case for Swiss Re, Hannover Re, and SCOR.
(1) Ranking per 2024 turnover
Source : Atlas Reinsurance Reports 2026
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