2024 German Reinsurers by S&P is based on survey responses from reinsurance organizations in Germany. The premium data relates to a company’s reinsurance premiums written but, in some cases, other metrics will include both primary and reinsurance business.
The main group and country listing for each entity surveyed is representative of that group or company’s total reinsurance business written, whether it be life, non-life, or a combination of both.
TOP Largest German Reinsurance Companies
| № Reinsurer | premiums written, $mn | Change % | Combined ratio, % |
| 1. Munich Re | 23,911,9 | -6,9 | 97,1 |
| 2. Hannover Rückversicherung SE | 17,217,2 | 7,2 | 100,1 |
| 3. General Re AG | 4,485,8 | -2,9 | 106,0 |
| 4. R+V Versicherung AG | 3,916,8 | -8,8 | 97,3 |
| 5. E+S Rückversicherung AG | 2,791,5 | -3,2 | 102,4 |
| 6. Allianz SE | 1,509,9 | 1,6 | 91,9 |
| 7. Deutsche Rückversicherung AG | 725,4 | 8,5 | 100,7 |
| 8. DEVK Re | 658,5 | 3,1 | 101,4 |
| Total: | 55,217,1 | -2,0 | 99,0 |
Ongoing aim in producing this data is to provide market participants with an indication of the ongoing reinsurance capacity available in each market.
Hence, we try to exclude intragroup reinsurance, as far as possible. Companies that have not been able to exclude intragroup reinsurance are highlighted in the footnotes.
FAQ
The report provides insights into the reinsurance capacity available in Germany by analyzing survey data from major reinsurance organizations. It aims to inform market participants on reinsurance trends, capacity, and company performance in the German market.
Primarily, the report focuses on reinsurance premiums written. However, in some cases, metrics such as combined ratios may reflect both primary and reinsurance business for a more comprehensive view of each company’s performance.
The report generally excludes intragroup reinsurance to provide a clearer view of external reinsurance capacity. Companies unable to fully exclude intragroup reinsurance have been noted in the footnotes.
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Edited & Fact-checked by Oleg Parashchak – CEO Finance Media & Editor-in-Chief at Beinsure Media and Insurance TOP Ratings (23+ years of professional experience in Rankings, Insurance & Media).
