Commercial
Top 30 European Insurers revealed
Allianz and Axa have held on to the top two spots on Insurance Post's Top 30 European Insurers 2023 list and accounted for slightly under a quarter of total GWP in the dataset, which was produced by AM Best.
#24 RSA
UK-domiciled RSA climbed one place to 24th position in this year’s Insurance Post Top 30 European Insurers 2023 despite reporting -7.7% average premium growth for the year.
#23 Beazley
UK-domiciled Beazley in one of the biggest climbers this year’s Insurance Post Top 30 European Insurers 2023 List.
#21 Crédit Agricole
France-domiciled Credit Agricole managed to stay in 21st place in this year’s Insurance Post Top 30 European Insurers 2023 List by reporting just 7.4% average premium growth for the year.
#20 Mutua Madrilena
Spain-domiciled Mutua Madrilena managed to stay in 20th place in this year’s Insurance Post Top 30 European Insurers 2023 List despite reporting just 5.6% average premium growth for the year.
#19 Helvetia
Switzerland-domiciled Helvetia managed to stay in 19th place in this year’s Insurance Post’s Top 30 European Insurers 2023 List by achieving 10% average premium growth for the year.
#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.
#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.
#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.
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