The latest issue of the Ranking of the largest European insurance groups 2017 is based on the criterion of overall premium volume. (Photo: Shutterstock[/caption] Many things in this world would cease to function without insurance. Whether it's health, retirement, auto or homeowners', insurance is vital in ensuring that insureds remain covered when the worst case scenario comes to light. In a world of evolving risks and threats — from cybersecurity to terrorism — those with access to the most resources are often best equipped to handle life's curveballs. The same can be said of insurers: those with deep reserves of cash can better weather the storm if and when it comes. Related: The top 100 P&C insurance companies in 2017 The international market
The latest issue of the Ranking of the largest European insurance groups 2017 is based on the criterion of overall premium volume. Trends over the last 10 years were also analyzed and shaped this year's ranking. The 15 largest European insurance groups operating within the non-life segment wrote 255.4 billion euros in 2017, up 1.7% year over year. The increase was mainly organic and featured a significant contribution from the European insurance markets where various groups concentrate most of their business, notably Germany, France, Spain and certain countries from Central and Eastern Europe. With this in mind, who boasts the top spot on Europe's non-life segment? Check out the slideshow below to find out the top 10 insurers and who claims the number one rank. Related: Swiss Re Institute looks at world insurance premiums in 2017
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Denny Jacob
Denny Jacob is an associate editor for NU PropertyCasualty360. Contact him at [email protected].
