NORTH AMERICAN MARKETS Hannover Re took the lion’s share of the prizes in the list of reinsurers with gross written premium (GWP) of more than $2 billion, winning three of the four categories (client service, innovation and ability to create new solutions and expertise and market knowledge) and coming second in the fourth (ability and willingness to pay claims).
Similarly, the list of reinsurers with GWP of less than $2 billion was dominated
and ability to create new solutions, expertise and market knowledge and ability and willingness to pay claims).
Although RenRe did not win the client service category it’s worth pointing out
NORTH AMERICAN REINSURERS TABLES
BEST REINSURER FOR CLIENT SERVICE (GWP OF MORE THAN $2BN) Rank Reinsurers 1 2 3 4 5 6 7 8 9
Hannover Re Everest Re Swiss Re PartnerRe Munich Re XL Catlin SCOR
Berkshire Hathaway Gen Re Average
BEST REINSURER FOR CLIENT SERVICE (GWP OF LESS THAN $2BN) Rank Reinsurers 1 2
Arch Re
=3 =3 5 6 7 8 9
10 11
Markel Re Aspen Re
Tokio Millennium Re RenaissanceRe Hiscox
Endurance Re/Montpelier Re Maiden Re Allied World Ascot
ACE Tempest Re Average
Average score out of 10 8.50 7.88 7.86 7.82 7.78 7.72 7.12 6.94 6.69 7.78
Looking at the list of brokers we once again see a very tight grouping of companies. In the section for brokers with more than $1 billion in revenue Guy Carpenter won two of the three categories (innovation and ability to create new solutions and expertise and market knowledge) and was second in the third (client service), behind Guy Carpenter, which came second in the other categories. Willis Re was a close third behind them.
In the brokers with less than $1 billion in revenue we saw two companies in particular battling it out: TigerRisk Partners and JLT Re. TigerRisk Partners expertise and market knowledge), followed by JLT Re. The third category, and TigerRisk Partners.
BEST REINSURER FOR INNOVATION (GWP OF LESS THAN $2BN)
Rank Reinsurers 1 2 3 4 5 6
=7 =7 =7 10 11 12
W R Berkley
Sirius International Ariel Re QBE Re Average
Average score out of 10 7.44 7.41 7.38 7.38 7.29 7.19 7.18 7.11 7.07 6.76 6.75 6.83
BEST REINSURER FOR INNOVATION (GWP OF MORE THAN $2BN)
Rank Reinsurers 1 2 3 4 5 6 7 8 9
Average
Hannover Re Swiss Re XL Catlin Everest Re PartnerRe
Berkshire Hathaway Munich Re SCOR Gen Re
Average score out of 10 8.00 7.81 7.71 7.56 7.50 7.41 7.18 7.11 6.50 7.44
RenaissanceRe
Tokio Millennium Re Allied World Maiden Re OdysseyRe Markel Re Hiscox Ascot
Average score out of 10 7.76 7.63 7.53 7.50 7.31 7.22 7.19 7.19 7.19 6.63 6.50 6.47 7.15
BEST REINSURER FOR MARKET KNOWLEDGE (GWP OF MORE THAN $2BN)
Rank Reinsurers 1 2 3 4 5 6 7 8 9
Hannover Re Swiss Re PartnerRe Munich Re XL Catlin Everest Re SCOR
Berkshire Hathaway Transatlantic Re Average
Average score out of 10 8.44 8.26 8.12 8.06 7.94 7.87 7.71 7.44 6.94 8.03
BEST REINSURER FOR MARKET KNOWLEDGE (GWP OF LESS THAN $2BN)
Rank Reinsurers 1
=2 =2 4 5 6 7
=8 =8 10 11
RenaissanceRe Allied World Markel Re Maiden Re
Endurance Re/Montpelier Re Tokio Millennium Re Beazley Ascot
Aeolus Re
Sirius International Ironshore Marine Re Average
Average score out of 10 8.24 7.94 7.94 7.79 7.65 7.59 7.44 7.38 7.38 7.00 6.94 7.48
November 2014 | INTELLIGENT INSURER | 33
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