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AM 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| Rank | Company | Country | Turnover | |||||
|---|---|---|---|---|---|---|---|---|
| 2021 | 2020 | 2021 | 2020 | % | ||||
| EUR | USD | EUR | USD | |||||
| 1 | 1 | Allianz | Germany | 60 273 | 68 253 | 57 772 | 70 958 | 4.3 |
| 2 | 2 | AXA | France | 53 029 | 60 050 | 52 445 | 64 415 | 1.1 |
| 3 | 3 | Lloyd's | United Kingdom | 46 720 | 52 906 | 39 209 | 48 158 | 19.2 |
| 4 | 4 | Chubb Ltd | Switzerland | 39 123 | 44 303 | 31 547 | 38 747 | 24 |
| 5 | 5 | Zurich Insurance | Switzerland | 35 432 | 40 123 | 28 918 | 35 518 | 22.5 |
Exchange rate as at 31/12/2021 : 1 EUR = 1.1324 USD ; as at 31/12/2020 : 1 EUR = 1.22824 USD
