bermuda-images-2023-10-22t212944-408
23 October 2023 Insurance

The 30 biggest non-life insurers in Europe grew last year, but their profits slipped

Gross written premium (GWP) of the 30 largest non-life insurers in Europe grew by 11 percent year on year in 2022—and the biggest 10 of those companies grew the fastest. But the profits of the companies slipped.

That was the finding of an  AM Best report published on October 17 titled “Big names dominate European insurance landscape as overall profits slip”. The top five insurers by gross written premiums were Allianz, AXA, Lloyd’s, Chubb and Zurich Insurance.

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
1 November 2023   Insured losses from Hurricane Otis are likely to fall to reinsurers
Insurance
1 November 2023   The rating agency also highlighted the importance of so-called secondary perils.
Insurance
24 November 2023   Tight capacity and uncertainties looming over fronting market remain headwinds.