Top 50 global reinsurers in 2017: Ranking per Gross Premiums Written (GPW)

Magazine Issue:

Magazine date:

Jul 2018

Discover the 2017 ranking of the top 50 reinsurers in the world per life and non-life turnover.

Top 50 global reinsurers in 2017

in millions USD

Ranking			Life and non life premiums		Non life premiums		SE*	Ratios
2017	2016	Company	Gross	Net	Gross	Net		Loss	Expenses	Combined
1	2	Munich Reinsurance	37 821	36 378	21 377	20 330	33 782	80.5%	33.5%	114.0%
2	1	Swiss Re	34 775	32 316	20 371	19 631	34 294	82.3%	33.1%	115.4%
3	5	Berkshire Hathaway	22 740	22 740	17 815	17 815	351 954	NA	NA	116.4%
4	3	Hannover Rück	21 314	18 727	12 832	10 973	11 126	71.3%	27.8%	99.1%
5	4	SCOR	17 718	16 130	7 218	6 468	7 458	71.0%	32.7%	103.7%
6	6	Lloyd's	14 250	10 726	14 250	10 726	36 119	83.8%	33.3%	117.2%
7	7	Reinsurance Group of America	10 704	9 841	NA	NA	9 570	NA	NA	NA
8	8	China Re	10 435	9 974	3 628	3 509	11 578	62.6%	41.3%	103.9%
9	9	Great West Lifeco	7 924	7 823	NA	NA	16 148	NA	NA	NA
10	10	Korean Re	6 775	4 720	5 958	3 988	2 033	77.7%	18.7%	96.4%
11	12	General Insurance Corporation of India	6 497	5 798	6 430	5 741	7 914	86.3%	17.5%	103.8%
12	11	PartnerRe	5 588	5 120	4 189	3 776	6 745	69.8%	29.5%	99.3%
13	14	Everest Re	5 115	4 614	5 115	4 614	8 369	76.6%	26.5%	103.1%
14	15	XL Group	4 916	3 976	4 682	3 964	11 461	79.9%	31.5%	111.3%
15	13	Transatlantic Holdings	4 211	3 810	4 211	3 810	5 218	73.1%	33.8%	106.9%
16	16	MS&AD	3 385	NA	3 385	NA	27 933	NA	NA	NA
17	19	R+V Versicherung AG	3 071	3 011	3 071	3 011	2 576	73.8%	25.3%	99.1%
18	17	MAPFRE RE	2 812	2 517	2 812	2 517	1 559	73.6%	23.2%	96.8%
19	18	RenaissanceRe	2 798	1 871	2 798	1 871	4 391	108.4%	29.6%	137.9%
20	20	The Toa Reinsurance	2 505	2 198	2 505	2 198	1 887	70.1%	26.3%	96.4%
21	21	AXIS Capital Holdings	2 428	1 939	2 428	1 939	5 341	79.6%	29.2%	108.8%
22	46	Sompo Holdings	2 304	1 918	2 304	1 918	18 032	NA	NA	NA
23	22	Arch Capital Group	2 241	1 728	2 241	1 728	10 040	72.3%	31.6%	103.9%
24	23	Assicurazioni Generali	2 054	2 054	878	878	31 361	104.0%	25.8%	129.9%
25	28	IRB - Brasil Resseguros	1 747	1 224	1 438	933	1 082	56.4%	28.6%	85.0%
26	26	Pacific LifeCorp	1 707	1 707	NA	NA	13 704	NA	NA	NA
27	35	Qatar Reinsurance	1 626	713	1 626	713	705	95.6%	26.1%	121.6%
28	NA	Tokio Millennium Re AG	1 606	1 302	1 606	1 302	1 191	82.0%	34.0%	116.0%
29	30	Aspen Insurance	1 549	1 250	1 549	1 250	2 929	92.6%	32.6%	125.1%
30	31	Caisse Centrale de Reassurance	1 543	1 411	1 392	1 265	2 809	81.8%	11.5%	93.3%
31	32	Validus	1 508	1 289	1 508	1 289	4 916	103.1%	26.9%	130.0%
32	29	Odyssey Re	1 494	1 411	1 494	1 411	4 013	69.6%	32.3%	101.9%
33	33	Deutsche Rueckversicherung	1 440	881	1 372	849	270	66.9%	29.3%	96.2%
34	36	Taiping Reinsurance	1 415	1 279	866	734	1 050	56.7%	39.6%	96.4%
35	37	Markel Corporation	1 112	978	1 112	978	9 502	99.8%	32.2%	132.0%
36	43	Peak Reinsurance Company	1 098	845	999	746	912	79.3%	28.5%	107.7%
37	38	American Agricultural Insurance Company	1 053	364	1 053	364	585	87.7%	21.0%	108.7%
38	24	QBE Insurance Group	1 039	837	1 039	837	8 901	78.8%	29.6%	108.4%
39	34	Sirius International	989	837	989	837	1 917	74.9%	NA	NA
40	39	Maiden Holdings	823	807	823	807	1 233	78.1%	29.0%	107.1%
41	45	Africa Re	747	635	692	584	902	61.6%	34.4%	96.0%
42	40	Chubb Limited	746	685	746	685	51 172	79.7%	31.4%	111.1%
43	44	Hiscox	734	255	734	255	2 367	70.1%	31.8%	101.9%
44	42	Allied World Assurance Company	725	679	725	679	2 524	99.2%	30.2%	129.4%
45	50	Greenlight Capital Re	693	636	693	636	844	80.3%	30.0%	110.3%
46	49	Nacional de Reaseguros	666	531	561	428	407	67.8%	96.1%	163.9%
47	47	Third Point Reinsurance	642	639	642	639	1 662	67.6%	40.1%	107.8%
48	41	W.R. Berkley Corporation	607	545	607	545	5 451	80.2%	37.4%	117.6%
49	48	ACR Capital	526	448	526	448	846	68.1%	39.0%	107.1%
50	NA	Central Reinsurance Corporation	491	460	362	338	519	66.8%	27.1%	93.9%

NA: not available
* Shareholder’s equitySource : A.M. Best