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Allianz, AXA and Lloyd's of London, the largest non-life insurers in Europe

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Magazine Issue: 
Cyber risk insurance [3]
Magazine date: 
Dec 2022

top 5AM Best has published the ranking of the largest European non-life insurers, according to 2021 turnover.

With gross written premiums worth 60.273 billion EUR (68.254 billion USD), Allianz maintains its top position as Europe's leading non-life insurance company. French insurer AXA and Lloyd's of London, on their part, retain their second and third positions respectively.

TOP 5 European non life insurers per 2021 turnover

Figures in millions
RankCompanyCountryTurnover
20212020  20212020%
    EURUSDEURUSD 
11AllianzGermany60 27368 25357 77270 9584.3
22AXAFrance53 02960 05052 44564 4151.1
33Lloyd'sUnited Kingdom46 72052 90639 20948 15819.2
44Chubb LtdSwitzerland39 12344 30331 54738 74724
55Zurich InsuranceSwitzerland35 43240 12328 91835 51822.5

Exchange rate as at 31/12/2021 : 1 EUR = 1.1324 USD ; as at 31/12/2020 : 1 EUR = 1.22824 USD

Read also | Ranking of European insurers and reinsurers in 2021 [4]

Fri, 16/12/2022 - 10:02

Source URL: https://www.atlas-mag.net/en/category/regions-geographiques/monde/allianz-axa-and-lloyd-s-of-london-the-largest-non-life-insurers-in-europe

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[3] https://www.atlas-mag.net/en/issue/atlas-magazine-n-196-december-2022
[4] https://www.atlas-mag.net/en/article/ranking-of-european-insurers-and-reinsurers-in-2017