Top 10 global reinsurers in 2020 according to turnover
Figures in millions
| Rank 2020 | Company | Country | Class of business | 2020 turnover | 2019 turnover | 2019-2020 evolution * | ||
|---|---|---|---|---|---|---|---|---|
| Local currency | USD | Local currency | USD | |||||
| 1 | Munich Re | Germany | Life and non-life | 37 321 | 45 839 | 33 807 | 37 859 | 10.39% |
| 2 | Swiss Re | Swiss | Life and non-life | 36 579 | 36 579 | 36 014 | 36 014 | 1.57% |
| 3 | Hannover Rück | Germany | Life and non-life | 24 765 | 30 417 | 22 598 | 25 307 | 9.59% |
| 4 | SCOR | France | Life and non-life | 16 368 | 20 104 | 16 341 | 18 300 | 0.17% |
| 5 | Berkshire Hathaway | United States | Life and non-life | 19 761 | 19 761 | 16 952 | 16 952 | 16.57% |
| 6 | China Re | China | Life and non-life | 115 530 | 17 700 | 98 205 | 14 053 | 17.64% |
| 7 | Lloyd's | United Kingdom | Non-life | 12 159 | 16 509 | 11 418 | 14 976 | 6.49% |
| 8 | Great West Lifeco | Canada | Life and health | 19 652 | 15 373 | 17 847 | 13 657 | 10.11% |
| 9 | Reinsurance Group of America | United States | Life and health | 12 641 | 12 641 | 12 438 | 12 438 | 1.63% |
| 10 | Korean Re | South Korea | Life and non-life | 8 377 100 | 7 707 | 8 043 400 | 6 917 | 4.15% |
* Evolution in local currency
Sources : Companies reports
Exchange rate at 31/12/2020 : 1 EUR = 1.22824 USD ; 1 CNY = 0.15321 USD ; 1 GBP = 1.35 772 USD ; 1 CAD = 0.78228 USD ; 1 KRW = 0.00092 USD
Exchange rate at 31/12/2019: 1 EUR = 1.11986 USD; 1 CNY = 0.14310 USD; 1 GBP = 1.31160 USD; 1 CAD = 0.76524 USD; 1 KRW = 0.00086 USD
Read also | Top 10 insurers in 2020
