Leading insurance companies in Germany 2018, by revenue in gross written premiums

The German insurance market is characterized by great differences between active companies. In 2018, Allianz was the leading insurance company in Germany with a revenue of approximately 130.6 billion euros. Second was Münchener Rückversicherungs-Gesellschaft AG (Munich Re) with a revenue of over 49 billion euros. As of 2018, Germany had the highest number of companies operating in the insurance industry of any European country.

Allianz top for turnover

In 2019, over 23 percent of survey respondents indicated they had one or more insurances at Allianz, making it the biggest insurer in Germany. In 2017, Allianz was the leading insurance company in Germany with a turnover of approximately 151 billion euros.

Top insurers dominate the market

As of 2017, over half of the healthcare insurance market was attributable to the five largest insurers in Germany. Compared to healthcare insurance, the top five life insurance and property and casualty insurance (P&C) companies held slightly less control.

Leading insurance companies in Germany as of 2018, by revenue in gross written premiums

Revenue in gross written premiums in million euros
--
--
--
--
--
--
--
--
--
--
Exclusive Premium statistic

You need a Premium Account for unlimited access.

  • Full access to 1m statistics

  • Incl. source references

  • Available to download in PNG, PDF, XLS format

Premium Account

only $59 / month *
*Duration: 12 months, billed annually, single license

Access to this and all other statistics on 80,000 topics from

$708 / Year

Show detailed source information?
Register for free
Already a member?
Log in
Source

Release date

July 2019

Region

Germany

Survey time period

2018

Supplementary notes

* Includes deals from bank and asset management. Of which Allianz Deutschland AG: 36,443 million euro.

** Of which Ergo Versicherungsgruppe AG: 17.778 million euro.
*** Of which Hannover Rück SE: 19,176 million euros.
**** Income includes activities from "Bauspargeschäft", a savings tool in Germany for the (future) construction of housing.

Statista Accounts: Access All Statistics. Starting from $708 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.
This statistic is not included in your account!

Premium Account
Your perfect start with Statista
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references

$59 / Month *

Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract.
   Prices do not include sales tax.

Statistics on "European insurance market"

Statista Accounts: Access All Statistics. Starting from $708 / Year
Learn more about how Statista can support your business.