Analysis
#14 Vienna Insurance Group
Austria-domiciled Vienna Insurance Group is 14th on this year’s Insurance Post Top 30 European Insurers List after achieving 17% average premium growth for the year.
#13 Ergo
Germany-domiciled Ergo is in 13th place in Insurance Post’s Top 30 European Insurers 2023 List after beating rival R+V to deliver 3.8% average premium growth for the year.
#12 R+V
Germany-domiciled R+V managed to stay in 12th place in this year’s Insurance Post Top 30 European Insurers 2023 List despite reporting just 1.6% average premium growth for the year.
#11 Aviva
Just missing out on making it into the Top 10 of Insurance Post’s Top 30 European Insurers 2023 List was UK-domiciled Aviva, which reported 5.1% average premium growth for the year.
#10 Covéa
France-domiciled Covéa managed to make it into the Top 10 of Insurance Post’s Top 30 European Insurers 2023 List by achieving 20.9% average premium growth for the year.
#9 Mapfre
Spain’s biggest insurer Mapfre achieved ninth place in Insurance Post’s Top 30 European Insurers 2023 List by delivering 12% average premium growth for the year.
#8 Achmea
Netherlands-domiciled Achmea remained in eighth place in Insurance Post’s Top 30 European Insurers 2023 List by achieving 5.7% average premium growth for the year.
#7 Generali
Italy-domiciled Generali stayed in seventh place in Insurance Post’s Top 30 European Insurers 2023 List by reporting 18.7% average premium growth for the year.
#6 HDI
Germany-domiciled HDI appears in sixth place in this year’s Insurance Post’s Top 30 European Insurers 2023 List by achieving one of the greatest average premium growths for the year of any players.
#5 Zurich
Switzerland-domiciled Zurich is in fifth place in this year’s Insurance Post’s Top 30 European Insurers 2023 List thanks to reporting 14.6% average premium growth for the year.
#4 Chubb
Switzerland-domiciled Chubb stayed in fourth place in this year’s Insurance Post’s Top 30 European Insurers 2023 reporting 15.8% average premium growth for the year.
#3 Lloyd's
Lloyd’s remains steadfastly in third place on Insurance Post’s Top 30 European Insurers 2023 List, reporting low-to-mid-teen average premium growth for the year.
#2 Axa
France-domiciled Axa remained in second place in this year’s Insurance Post Top European Insurers 2023 List for the second year in a row.
#1 Allianz
Germany-domiciled Allianz maintained pole position on this year’s Insurance Post Top European Insurers 2023 List for the second year in a row by achieving double digit premium growth.
How Top 30 European Insurers 2023 was produced
On behalf of Insurance Post, AM Best ranked the 30 largest European insurers, according to non-life gross written premium to illustrate the movements in market position and financial performance between 2022 and the previous year.
Top 30 European Insurers 2023: Claims inflation bites
Europe’s 30 largest non-life insurers have demonstrated solid top-line growth over the past two years, following a drop in 2020.
Insurance M&A volume soars but deal value falls
Data analysis: The number of UK insurance merger and acquisition deals rose from 48 in the first half of 2022 to 54 at the start of 2023 but the total publicly disclosed deal value fell from £3.8bn to £16m year-on-year.
How insurers are putting the pedal to the metal for mobility trends
Analysis: Fiona Nicolson explains what insurers looking to stay in the fast lane, as mobility trends develop, need to do to satisfy drivers and maintain profits.
Data analysis: Trends in the buildings and contents insurance market
Defaqto’s Angela Pilley examines how many building and content insurance providers are operating today compared with a decade ago, how product features have changed, and the types of fees and charges attached to this type of cover.
How insurers cope with shifting ground caused by summer heatwaves
Analysis: As UK summertime temperatures continue to soar, Aamina Zafar examines how insurers are striving to minimise the damaging impact heatwaves have on property and homeowners.
Updated – Insurer results directory H1 2023
Insurance Post tracks insurers' half-year 2023 results, including gross written premium and combined operating ratio.
Embedded insurance: Blind to the risks?
Analysis: David Worsfold examines whether wrapping up insurance with other products risks obscurity, especially if there is a poor understanding of consumer behaviour in a digital environment.
What the Net-Zero Insurance Alliance’s demise means for the industry
Edmund Tirbutt examines what the future holds for the Net-Zero Insurance Alliance (NZIA), a UN-convened body set up two years ago for insurers wanting to cut their carbon footprint and reduce climate change risk.
How insurers help make summer blockbuster movies magic
Emma Ann Hughes examines how film production insurance has adapted to reflect the new risks associated with producing big summer blockbusters across several countries post-pandemic.