2022 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.
Reinsurer | Net Re premiums written, $mn | Change % | Pretax operating income, $mn | Combined ratio, % |
1. Re Group of America | 12,513,0 | 7,0 | 121,0 | N,A, |
2. Swiss Re America | 8,293,4 | 6,9 | 83,0 | 104,6 |
3. Everest Re | 7,736,5 | 16,1 | 384,9 | 102,0 |
4. Swiss Re Life & Health America | 7,176,9 | 29,1 | -402,0 | N,A, |
5. National Indemnity | 5,995,7 | -4,7 | 10,5 | 234,9 |
6. Munich Re America | 5,571,2 | 49,1 | -1,012,0 | 119,1 |
7. Transatlantic Re | 5,013,5 | 11,5 | 432,4 | 98,9 |
8. General Re Corporation | 4,099,0 | 8,2 | 449,0 | 96,4 |
9. Odyssey Group | 2,708,9 | 27,6 | 136,1 | 100,0 |
10. Partner Re of United States | 2,268,0 | 9,0 | N,A, | 100,1 |
11. Renaissance Re United States | 2,056,9 | 60,6 | N,A, | 104,0 |
12. SCOR Re | 2,052,7 | 0,4 | -13,5 | 102,8 |
13. General Re Life | 1,554,1 | 10,8 | -109,0 | N,A, |
14. Markel Global Re Company | 910,7 | 29,1 | 2,1 | 99,7 |
15. Arch Re | 853,6 | 21,4 | 48,2 | 96,7 |
16. W.R. Berkley Corporation | 827,1 | N,A, | N,A, | N,A, |
17. Axis Re Company | 786,8 | 18,0 | N,A, | 102,8 |
18. Toa Re Group of America | 629,4 | 8,6 | -61,1 | 116,9 |
19. Munich American Reassurance | 539,0 | 5,3 | -543,4 | N,A, |
20. General Star Indemnity | 528,7 | 19,2 | N,A, | N,A, |
21. National Liability & Fire Company | 418,8 | 103,0 | -74,3 | 211,1 |
22. SCOR Global Life USA Re Company | 302,4 | -2,9 | -6,4 | N,A, |
23. SCOR Global Life Americas | 225,8 | -1,1 | -50,3 | N,A, |
24. Columbia Insurance Company | 184,9 | -14,2 | 116,6 | N,M, |
25. SiriusPoint America Insurance Company | 142,2 | N,A, | -26,1 | 151,6 |
26. SCOR Global Life Re Company of Delaware | 70,6 | -20,1 | -41,2 | N,A, |
27. National Fire & Marine Insurance Company | 57,4 | -17,9 | 114,0 | N,M, |
28. General Star National Insurance Company | 35,6 | 12,3 | N,A, | N,A, |
29. Genesis Insurance Company | 21,2 | 9,3 | N,A, | N,A, |
30. Aspen American Insurance Company | 17,7 | -92,2 | -4,1 | 196,4 |
Total: | 73,591.9 | 15,1 | -445,4 | 121,9 |
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.