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Munich Re and Swiss Re maintain leadership in global reinsurance in a deconcentration market

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 07/10/2026, 17:56:26 UTC.

Briefings

In 2025, Munich Re and Swiss Re maintained top global reinsurance positions with market shares of 15.3% and 11.9% respectively, generating over $40 billion in premiums. The Munich Re Munich Re sculpture at the Leopoldstraße building in Munich was installed by Jonathan Borofsky in 1995. The top 25 reinsurance groups accounted for 92.2% of the analyzed market, representing a moderate shift from 91.0% in 2015, while the concentration among the top 10 remained stable at 68.8% of premiums. The global reinsurance market volume reached $1.864 billion in 2025, showing growth but without increasing concentration among the largest operators.

Key points

• Munich Re and Swiss Re held the top two global reinsurance positions in 2025 with market shares of 15.3% and 11.9% respectively, generating over $40 billion in premiums.
• The Munich Re sculpture at the Leopoldstraße building in Munich was installed by Jonathan Borofsky in 1995.

Context

This analysis comes from a Mapfre Economics study on the global reinsurance market. Munich Re and Swiss Re remain the top two global reinsurance groups, with Munich Re also dominating the art cooperative market. The study tracks changes in the top 25 reinsurance groups' market share and premium distribution over time.

Limitations

Data covers only 2025 for the top 25 reinsurance groups and global market volume. Some movements like the Canada Life Re drop are described as 'five places' without exact position numbers. The study does not provide historical data for 2015 beyond the 2015 comparison point.

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