Reinsurance in 2007

Magazine Issue:

Sudden death [3]

Magazine date:

Oct 2008

Ranking of the reinsurance companies worldwide in 2007

in thousands USD

	Company	Country	Net premiums		2006/07 variation	2007 CR¹
	Company	Country	2007	2006	2006/07 variation	2007 CR¹
1	Munich Re	Germany	30 292 900	27 425 200	10%	96.5%
2	Swiss Re	Switzerland	27 706 600	23 841 100	16%	92.3%
3	Berkshire Hathaway Re	USA	17 398 000	11 576 000	50%	87.7%
4	Hannover Re	Germany	10 630 000	9 353 500	14%	100.3%
5	Lloyd's	UK	8 362 900	8 445 300	-1%	81.7%
6	SCOR	France	7 871 700	4 885 200	61%	99.3%
7	Reinsurance Group of America	Etats-Unis	4 906 500	4 343 000	13%	0.0%
8	Transatlantic Holdings	Etats-Unis	3 952 900	3 633 400	9%	95.2%
9	Everest Re	Bermudas	3 919 400	3 875 700	1%	91.6%
10	Partner Re	Bermudas	3 757 100	3 689 500	2%	80.4%
11	Tokio Marine Group	Japan	2 936 400	2 783 400	5%	-
12	Korean Re	Korea	2 796 800	2 349 500	19%	100.4%
13	XL Re	Bermudas	2 781 300	2 959 700	-6%	84.0%
14	Transamerica Re	USA	2 173 000	1 957 700	11%	-
15	Odyssey Re	USA	2 089 400	2 160 900	-3%	95.5%
16	G I C of India	India	2 085 100	1 489 800	40%	112.8%
17	Sompo Japan	Japan	1 837 300	1 788 100	3%	-
18	Mitsui Sumitomo	Japan	1 805 800	1 724 300	5%	-
19	White Mountains Re	Bermudas	1 752 400	1 737 200	1%	97.4%
20	Caisse Centrale de Réassurance	France	1 642 600	1 508 700	9%	49.9%
21	Mapfre Re	Spain	1 569 700	1 298 500	21%	91.6%
22	AXIS Capital Holdings	Bermudas	1 537 100	1 528 800	1%	76.3%
23	QBE Insurance Group	Australia	1 509 200	1 212 500	24%	84.1%
24	ACE Tempest Re	Bermudas	1 484 600	1 796 700	-17%	75.1%
25	Toa Re	Japan	1 385 200	1 289 300	7%	91.8%
26	Aioi Insurance	Japan	1 208 700	1 131 500	7%	-
27	Arch Capital Group	USA	1 184 400	1 365 400	-13%	74.6%
28	Platinum Underwriters Group	Bermudas	1 119 800	1 176 600	-5%	83.5%
29	PARIS Re	Switzerland	1 113 500	1 254 000	-11%	91.5%
30	R+V Versicherung	Germany	1 053 500	861 700	22%	98.2%
Total			153 863 800	134 442 200	14%

¹ Combined ratio = net incurred losses/net earned premiums + net management expenses/net written premiums

Operating results¹ of the main reinsurance companies worldwide in 2007

in thousands USD

	Company	Country	Operating result		2006/07 variation	2007 R/P²
	Company	Country	2007	2006	2006/07 variation	2007 R/P²
1	Lloyd's	UK	7 678 200	7 254 700	5.8%	91.8%
2	Swiss Re	Switzerland	6 992 100	4 192 000	66.8%	25.2%
3	Munich Re	Germany	4 854 300	3 990 800	21.6%	16.0%
4	Tokio Marine Group	Japan	1 639 000	1 312 500	24.9%	55.8%
5	C C R	France	1 131 900	923 900	22.5%	68.9%
6	Hannover Re	Germany	1 040 400	667 000	56.0%	9.8%
7	Everest Re	Bermudas	941 700	956 700	-1.6%	24.0%
8	Partner Re	Bermudas	904 100	751 700	20.3%	24.1%
9	ACE Tempest Re	Bermudas	773 400	728 800	6.1%	52.1%
10	Arch Capital Group	USA	708 000	598 000	18.4%	59.8%
11	SCOR	France	659 400	440 600	49.7%	8.4%
12	Transatlantic Holdings	USA	586 400	529 000	10.9%	14.8%
13	R G A	USA	544 000	451 400	20.5%	11.1%
14	Sompo Japan	Japan	530 900	745 300	-28.8%	28.9%
15	QBE Insurance Group	Australia	417 300	240 700	73.4%	27.7%
16	Platinum Underwriters	Bermudas	383 400	358 700	6.9%	34.2%
17	Odyssey Re	USA	374 100	550 100	-32.0%	17.9%
18	R+V Versicherung	Germany	348 300	257 100	35.5%	33.1%
19	PARIS Re	Switzerland	322 500	509 700	-36.7%	29.0%
20	White Mountains Re	Bermudas	291 200	286 700	1.6%	16.6%
21	GIC India	India	267 800	415 200	-35.5%	12.8%
22	Mapfre Re	Spain	198 500	153 200	29.6%	12.6%
23	Toa Re	Japan	196 600	204 700	-4.0%	14.2%
24	Transamerica Re	USA	165 600	210 300	-21.3%	7.6%
25	Korean Re	Korea	55 600	85 100	-34.7%	2.0%
Total			32 004 700	26 813 900	19.4%	24.8%

¹ Operating results = underwriting balance + investment revenues + other revenues ² R/P: operating result/net premiums
Source: Standard & Poor's

Reinsurance in 2007

Ranking of the reinsurance companies worldwide in 2007

Operating results1 of the main reinsurance companies worldwide in 2007

Operating results¹ of the main reinsurance companies worldwide in 2007