Global ranking of reinsurers in 2014
The top 50 global reinsurers
in thousands USD| Company | Country | Turnover | Shareholder’s equity | Combined ratio | A.M. Best rating | S&P rating |
|---|---|---|---|---|---|---|
Munich Re | Germany | 39 035 000 | 36 838 000 | 92.7% | A+ | AA- |
Swiss Re | Switzerland | 33 276 000 | 36 041 000 | 85.4% | A+ | AA- |
Hannover Re | Germany | 17 458 635 | 10 032 000 | 95% | A+ | AA- |
Berkshire Hathaway | United States | 14 919 000 | 243 186 000 | 92.5% | A++ | AA |
SCOR | France | 13 756 069 | 6 964 000 | 91.4% | A | AA- |
Lloyd’s | United Kingdom | 13 199 410 | 35 085 000 | 81.3% | A | A+ |
Reinsurance Group of America | United States | 9 117 700 | 7 023 000 | - | A+ | AA- |
China Re | China | 8 506 000 | 8 900 000 | 98% | A | A+ |
Partner Re | Bermuda | 5 932 003 | 7 104 000 | 86.2% | A | A+ |
Everest Re | Bermuda | 5 749 000 | 7 451 000 | 82.8% | A+ | A+ |
Korean Re | South Korea | 5 461 229 | 1 677 000 | 99.8% | A | A |
Great West Lifeco | Canada | 4 094 076 | 18 834 000 | - | A+ | AA |
Transatlantic Re | United States | 3 600 000 | 5 130 000 | 89.6% | A | A+ |
GIC India | India | 2 428 000 | 6 706 000 | 109.8% | A- | NR |
Mapfre Re | Spain | 2 255 000 | 1 433 000 | 90.5% | A | A |
Axis Capital | Bermuda | 2 176 104 | 5 880 000 | 81.3% | A+ | A+ |
R+V Versicherung | Germany | 2 122 559 | 2 503 000 | 100.3% | A | AA- |
XL Group | Ireland | 2 118 000 | 11 436 000 | 73.3% | A | A+ |
Catlin Group | United Kingdom | 2 076 000 | 3 992 000 | 85.8% | A | A |
QBE Insurance | Australia | 2 035 000 | 11 802 000 | 87.8% | A | A+ |
Generali (1) | Italy | 1 990 000 | 29 399 000 | 81.1% | A | - |
Toa reinsurance | Japan | 1 979 000 | 1 662 000 | 93.7% | A+ | A+ |
Amlin plc | United Kingdom | 1 764 996 | 2 774 000 | 84% | A | A |
Odyssey Re | United States | 1 756 000 | 3 983 000 | 79.1% | A | A- |
Caisse Centrale de Réassurance | France | 1 608 278 | 2 515 000 | 81.3% | A+ | AA |
RenaissanceRe | Bermuda | 1 551 000 | 3 866 000 | 50.2% | A+ | AA- |
Arch Capital Group | Bermuda | 1 527 000 | 6 130 000 | 73.6% | A+ | A+ |
MS&AD Insurance Group | Japan | 1 321 000 | 25 316 000 | - | A+ | A+ |
Validus Holdings | Bermuda | 1 272 000 | 4 047 000 | 52.1% | A | A |
Deutsche Rueckversicherung | Germany | 1 262 188 | 251 000 | 104.7% | NR | A+ |
IRB-Brasil Resseguros | Brazil | 1 199 000 | 996 000 | 95.1% | A- | NR |
Endurance Speciality | Bermuda | 1 177 948 | 3 185 000 | 74.7% | A | A |
Aspen Insurance | United States | 1 172 800 | 3 419 000 | 77.6% | A | A |
White mountains | United States | 1 137 000 | 4 540 000 | 76.5% | A | A- |
Markel Corporation | United States | 1 115 000 | 7 602 000 | 95.7% | A | BBB+ |
ACE Limited | Switzerland | 994 000 | 29 587 000 | 72.3% | A++ | AA |
Allied World Assurance | Bermuda | 939 000 | 3 778 000 | 77.3% | A | A |
Maiden Holdings | Bermuda | 898 000 | 1 241 000 | 98.7% | A- | BBB+ |
Pacific Life Corp | United States | 896 000 | 8 970 000 | - | A+ | A+ |
Tokio Marine & Nichido Fire | Japan | 890 000 | 21 464 000 | - | A++ | AA- |
American Agriculture Insurance | United States | 834 000 | 526 000 | 84.6% | A- | ND |
Taiping Reinsurance | Hong-Kong | 787 401 | 576 000 | 89.3% | A | A |
Montpelier Re | Bermuda | 740 000 | 1 915 000 | 65.6% | A | A- |
Sompo Japan Nipponkoa Holdings | Japan | 722 000 | 15 257 000 | - | A+ | A+ |
Africa Re | Nigeria | 717 530 | 737 000 | 89.8% | A- | A- |
ACR Capital Holdings | Singapore | 700 000 | 697 000 | 108% | A- | A- |
W.R.Berkley Corp | United States | 695 000 | 4 624 000 | 96% | A+ | A+ |
Hiscox | United Kingdom | 655 000 | 2 259 000 | 49.8% | A | A |
Third Point Re | Bermuda | 613 300 | 1 552 000 | 105.2% | A- | NR |
Qatar Reinsurance | Qatar | 536 000 | 226 000 | 102.6% | A | A |
NR: not rated
NA: not available Sources: Standard & Poor’s, A.M.Best, companies’ reports
