Top 10 reinsurance companies in 2013

16 September 2014 — Mihaela CIRCU
The international reinsurance market reached USD 240 billion at the end of 2013, representing 5% of the global insurance business, according to a report presented during "Les Rendez-vous de Septembre" main press conference in Monte-Carlo. Thus, in 2013, the reinsurers' business value increased by 5.7%, while the market grew by only 0.6%.

The global reinsurers' top 10 continues to be dominated by MUNICH Re and SWISS Re, which have been ranking 1st and 2nd since 1990. SCOR ranked 5th this year, as a result of the acquisitions made by the company on the American market. The top 10 players in the reinsurance industry now hold 62% of the business volume, compared with 56% in 2000 and 22% in 1980.

                                     Top 10 leading reinsurers worldwide in 2013

As far as the reinsurance brokers are concerned, AON Benfield, with business exceeding USD 1.5 billion, ranks first, followed by GUY Carpenter and WILLIS. JLT Re and TWOERS Watson Re rank 4th and 5th respectively, the two companies currently undergoing a merging process after JLT Re bought TOWERS Watson Re, the reinsurance brokerage division owned by TOWERS Watson, at the end of 2013.

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