Ranking of the Largest European Insurance Groups
The report offers an analysis of the main European insurance groups in 2021, classified by premium volume, both globally and in the Life and Non-Life segments, as well as showing the progress of each over the last decade. It also presents the net earnings, balance sheet composition and solvency ratios for each carrier, as well as a convergence study on how they have evolved with respect to market dynamics. Overall, the economic recovery and financial markets influenced the positive performance of the 15 largest European insurance groups in 2021, which managed to raise their combined premium revenues to €579.28 billion euros, up by 9.1% on the previous year, with all insurers delivering premium growth. Net earnings for 2021 were also positive for most of the groups, despite high natural catastrophe losses, which totaled €35.16 billion, up 29.4% on the previous year.