TOP 30 Reinsurance Companies in the United States

2023 U.S. Reinsurers by S&P is based on survey responses from reinsurance organizations in the United States. 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 30 Largest Reinsurers in U.S.

ReinsurerNet Re premiums written, $mnChange %Pretax operating income, $mnCombined ratio, %
1. Re Group of America12,513,07,0121,0N,A,
2. Swiss Re America8,293,46,983,0104,6
3. Everest Re7,736,516,1384,9102,0
4. Swiss Re Life & Health America 7,176,929,1-402,0N,A,
5. National Indemnity5,995,7-4,710,5234,9
6. Munich Re America5,571,249,1-1,012,0119,1
7. Transatlantic Re5,013,511,5432,498,9
8. General Re Corporation4,099,08,2449,096,4
9. Odyssey Group2,708,927,6136,1100,0
10. Partner Re of United States2,268,09,0N,A,100,1
11. Renaissance Re United States2,056,960,6N,A,104,0
12. SCOR Re2,052,70,4-13,5102,8
13. General Re Life1,554,110,8-109,0N,A,
14. Markel Global Re Company910,729,12,199,7
15. Arch Re853,621,448,296,7
16. W.R. Berkley Corporation827,1N,A,N,A,N,A,
17. Axis Re Company786,818,0N,A,102,8
18. Toa Re Group of America629,48,6-61,1116,9
19. Munich American Reassurance539,05,3-543,4N,A,
20. General Star Indemnity528,719,2N,A,N,A,
21. National Liability & Fire Company418,8103,0-74,3211,1
22. SCOR Global Life USA Re Company302,4-2,9-6,4N,A,
23. SCOR Global Life Americas225,8-1,1-50,3N,A,
24. Columbia Insurance Company184,9-14,2116,6N,M,
25. SiriusPoint America Insurance Company142,2N,A,-26,1151,6
26. SCOR Global Life Re Company of Delaware70,6-20,1-41,2N,A,
27. National Fire & Marine Insurance Company57,4-17,9114,0N,M,
28. General Star National Insurance Company35,612,3N,A,N,A,
29. Genesis Insurance Company21,29,3N,A,N,A,
30. Aspen American Insurance Company17,7-92,2-4,1196,4
Source: S&P Global Ratings

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.