World's 50 largest reinsurance

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      <subfield code="a">In 2021, pricing remained strong in the reinsurance segment. As measured by AM Best's annual ranking of the 50 largest global reinsurance groups, total reinsurance gross premium written (GP\V) increased by 9.8%, to USD353 billion, from USD321 billion in 2020. Many of the reinsurance companies AM Best rates reportecl that a third to half of their premium growth cougld be attributecl to pricing increases, not exposure growth. Rate increases in many of the reinsurance lines are expectecl in 2023, although they will vary by line of business and territory. However, the growth could be countered by reductions in property cat reinsurance premium, as many companies have begun to withdraw or substantially reduce their participation in that market. </subfield>
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