The Top 30 European Insurers 2023
Allianz and Axa once again topped Post's Top 30 European Insurers list in 2023, with Allianz reporting low-to-mid-teen average premium growth for the year while Axa reported mid-single digit growth.
Click on each insurer to compare its financial results going back to 2016.
#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.
#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.
#3 Lloyd's
#4 Chubb
#5 Zurich
#6 HDI
#7 Generali
#8 Achmea
#9 Mapfre
#10 Covéa
#11 Aviva
#12 R+V
#13 Ergo
#14 Vienna Insurance Group
#15 Aéma
#16 Unipol
#17 Sampo
#18 Groupama
#19 Helvetia
#20 Mutua Madrilena
#21 Crédit Agricole
#22 Huk-Coburg
#23 Beazley
#24 RSA
#25 Ageas
#26 Catalana Occidente
#27 Crédit Mutuel
#28 AIG Europe
#29 ASR
#30 Provinzial
Background
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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PREVIOUS YEARS
The top 30 European Insurers 2022: A return to growth
Europe’s 30 largest non-life insurers returned to growth in 2021 and – although high inflation, supply chain disruptions and surging energy prices should translate into premium growth – Mathilde Jakobsen of AM Best explains that profitability is expected to decline in 2022.
The top 30 European Insurers 2021: A turbulent time
The impact of Covid-19 saw the European non-life insurance market report a decline in gross written premium and profit after tax. Mathilde Jakobsen, director, analytics, Amsterdam, AM Best, analyses the numbers and reports on the movements in the ranking and the outlooks for the leading markets within the continent.
Top 30 European Insurers 2020: A year of profit
The top 30 European insurers saw growth in non-life premiums in 2019 and overall profit after tax was significantly higher than in 2018. Mathilde Jakobsen, director, analytics, AM Best, explains what the market is facing