Provided by AM Best

- Insurance Age staff
- 01 Jan 2009
- Indicative reading time: 2 minutes

TOP 20 UK COMMERCIAL INSURERS 2007 2006 ...

TOP 20 UK COMMERCIAL INSURERS
2007	2006
Rank	Rank	AMB No	Company Name	Rating	Group name
1	1	86257	RSA	A-	RSA Insurance Group
2	2	87708	Zurich Insurance (UK Branch)	A (1)	Zurich Financial Services
3	3	86250	Aviva Intl Insurance	NR-5	Aviva
4	6	87709	New Hampshire Ins (UK Branch)	NR-5	American International Group
5	5	85203	Axa Insurance	NR-5	Axa
6	4	86485	Ace European Group	A+	Ace
7	7	86373	Allianz Insurance	A+	Allianz Societa Europaea
8	8	86126	QBE Insurance (Europe)	A	QBE Insurance Group
9	10	87674	XL Insurance	A	XL Capital
10	11	85250	Norwich Union Insurance	A+	Aviva
11	9	86513	FM Insurance	A+	Factory Mutual Insurance Company
12	12	85012	NFU Mutual	A- pd	National Farmers Union Mutual Insurance Society
13	13	87479	NIG**	B+ pd	Royal Bank of Scotland Group
14	15	89485	Lexington Ins Company (UK Branch)	A (2)	American International Group
15	14	87600	SR International Business	A+	Swiss Reinsurance Company
16	20	87348	Financial Security Assurance (UK)	NR-5	Dexia
17	19	86160	Great Lakes Reins (UK)	A+	Munich Reinsurance Company
18	16	85363	Travelers Insurance Company	A	Travelers Companies
19	17	86954	Brit Insurance**	A	Brit Insurance Holdings
20	18	86286	Ecclesiastical Insurance Office	A	Allchurches Trust

2007	2006
Rank	Rank	Company Name	GWP (-oOo-#163;000s)	Underwriting result*	Loss ratio	Combined ratio
1	1	RSA	2,029,349	-59,562	106.6	59.0
2	2	Zurich Insurance (UK Branch)	1,439,867	-158,727	117.1	85.5
3	3	Aviva Intl Insurance	1,340,023	-13,184	103.7	55.6
4	6	New Hampshire Insurance	1,094,480	9.422	88.7	63.2
5	5	Axa Insurance	1,061,400	-14,650	103.9	58.8
6	4	Ace European Group	1,059,373	30,585	92.7	54.1
7	7	Allianz Insurance	858,790	29,287	96.9	59.3
8	8	QBE Insurance (Europe)	779,052	19,622	N/A	N/A
9	10	XL Insurance	655,859	-30,736	101.5	55.8
10	11	Norwich Union Ins (Consolidated)	610,682	26,507	90.4	50.2
11	9	FM Insurance	554,287	-28,875	131.2	83.4
12	12	NFU Mutual	497,032	-90,793	121.0	98.2
13	13	NIG**	451,644	-5,998	101.5	58.3
14	15	Lexington Ins Company (UK Branch)	421,314	20,365	85.5	67.5
15	14	SR International Business	318,605	17,613	N/A	N/A
16	20	Financial Security Assurance (UK)	284,044	390	-952.0	13.5
17	19	Great Lakes Reins (UK)	271,473	-10,124	N/A	N/A
18	16	Travelers Ins Company	266,200	25,016	86.8	56.8
19	17	Brit Insurance**	256,820	-29,022	111.2	86.0
20	18	Ecclesiastical Insurance Office	235,145	-718	N/A	N/A

* Underwriting result excludes investment income

** Figures are for business accounted for on an accident year basis, which accounts for over 99.9% of these companies' total commercial business by GWP.

Figures are from New Hampshire Insurance (AMB# 87709) (UK Branch) return, which transferred its insurance portfolio to Landmark Insurance Company on 1 December 2007. The combined operation was renamed AIG UK Ltd (AMB# 87416).

Note: Some ratio figures are (N/A) not available because all or some (being greater than 0.1%) of these companies' commercial business is accounted for on an underwriting year basis, for which earned premiums is not disclosed on the FSA return.

Figures in above table are based on FSA returns of financial year 2007 for total commercial insurance business lines (reporting categories 220, 260, 270 & 280 combined)

(1) The listed A.M. Best rating applies to Zurich Insurance Company, Switzerland, (AMB# 85095).

(2) The listed A.M. Best rating applies to Lexington Insurance Company, USA, (AMB# 02350).

Ratings as of 4 December, 2008.

Rating modifiers
Modifier Descriptor Definitionu Under review Best's Rating opinion of the company is under reviewpd Public data Does not subscribe to Best's interactive rating processs Syndicate Assigned to syndicates operating at Lloyd'sNot-rated categories
For companies not assigned a Best's Rating the five categories are:
NR-1: Insufficient data
NR-4: Company request
NR-2: Insufficient size or operating experience
NR-5: Not formally followed
NR-3: Rating procedure inapplicable

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk or view our subscription options here: https://subscriptions.insuranceage.co.uk/subscribe

You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.

If you would like to purchase additional rights please email info@insuranceage.co.uk

You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.

If you would like to purchase additional rights please email info@insuranceage.co.uk