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The American and Bermudan reinsurance markets: main indicators 2022
December 20, 2023
In billions USD
| Indicators | 2018 | 2019 | 2020 | 2021 | 2022 | 5-year average |
|---|---|---|---|---|---|---|
| Gross written premiums | 68.8 | 80.6 | 90.5 | 120.4 | 124.6 | 97 |
| Gross non-life written premiums | 54.8 | 59.9 | 68.3 | 91.5 | 97.9 | 74.5 |
| Gross life written premiums | 14 | 20.7 | 22.2 | 28.9 | 26.7 | 22.5 |
| Net result | -1.1 | 11.9 | 5.2 | 24.5 | 1 | 8.3 |
| Shareholders’ equity | 488 | 570.8 | 612.9 | 776.5 | 678.3 | 625.3 |
| Loss ratio (in %) | 69.4 | 65.5 | 71.4 | 65.9 | 64.4 | 67.3 |
| Management expenses ratio (in %) | 32.4 | 31.8 | 30.5 | 30.1 | 28.5 | 30.7 |
| Combined ratio (in %) | 101.7 | 97.3 | 101.9 | 96 | 92.9 | 98 |
| ROE in % (Return on Equity) | -0.2 | 2.1 | 0.8 | 3.2 | 0.2 | 1.2 |
Sources:
- AM Best: years 2018, 2019 and 2020, for 21 reinsurance groups domiciled in the USA and Bermuda.
- Atlas Reinsurance Reports 2024: years 2021 and 2022, for 41 reinsurance groups domiciled in the USA and Bermuda.
Read also | Global reinsurance market: main indicators
