UK insurers among top ten across Europe

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Two UK companies have been ranked in the top ten European non-life insurance groups 2011, published by Fundación Mapfre.

Companies were ranked according to gross premium volumes, with German group Allianz at the top spot for the second year running with €44.8bn (£36bn), up 2% from €43.9bn in 2010.

Aviva fell on place to eighth, with €11.2bn in premiums recorded last year, while RSA remained at number ten, with €10.5bn.

All the insurers in the top ten showed growth in premiums between 2010 and 2011, with the exception of Zurich which, at third for the second year in a row, showed a drop of 1.4% from €25.1bn to €24

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