Revenue Growth Benchmarks
Top-line performance metrics of companies across industries and countries
Leading Insurance Carriers in Europe (Revenue >500 Mn)
On annualized basis, the revenues of European insurers grew a modest 2%, with only 18 companies reporting revenue growth. Of these, Baloise , NN Group, Swiss Life, Zurich Insurance and Unipol emerged as the 5 fastest-growing companies.
[ 1: LTM Sales in USD Biliion | Red Shading: Companies with negative growth in period | Green Shading: Top 15 companies by growth rank in period ]
| Company | HQ | Reported | Latest | LTM | year-on-year % | CAGR | Growth Rank | ||||||||||||
| Currency | FQ | Sales1 | 3m | 6m | 9m | ltm | 1y | 2y | 3y | 5y | 6m | LTM | 3ycagr | 5ycagr | |||||
| Allianz SE | DEU | EUR | 2023-09 | 176.87 | -2.8% | 45.0% | 34.1% | 10.0% | -3.9% | 0.9% | 0.4% | 1.2% | 11 | 26 | 19 | 20 | |||
| AXA SA | FRA | EUR | 2023-06 | 110.79 | na | 43.2% | na | 32.4% | -16.7% | -4.9% | -9.3% | -6.2% | 12 | 17 | 29 | 29 | |||
| Zurich Insurance Group AG | CHE | CHF | 2023-12 | 68.72 | na | 22.6% | na | 77.0% | 75.6% | -2.8% | 4.9% | 5.3% | 17 | 4 | 11 | 9 | |||
| Talanx AG | DEU | EUR | 2023-09 | 46.90 | 6.3% | 18.5% | 14.4% | 41.5% | 13.6% | 11.9% | 8.9% | 8.7% | 20 | 14 | 7 | 5 | |||
| Assicurazioni Generali | ITA | EUR | 2023-12 | 30.97 | na | -30.3% | na | -13.9% | -9.0% | -15.6% | -5.2% | -0.5% | 31 | 31 | 25 | 23 | |||
| Swiss Life Holding AG | CHE | CHF | 2023-06 | 29.30 | na | 419.8% | na | 128.0% | -3.8% | -1.0% | -4.2% | 2.7% | 2 | 3 | 23 | 17 | |||
| NN Group NV | NLD | EUR | 2023-06 | 24.60 | na | -304.2% | na | 251.0% | -18.2% | -7.1% | -8.2% | -2.9% | 35 | 2 | 27 | 26 | |||
| Vienna Insurance Group AG | AUT | CZK | 2023-06 | 15.84 | na | 82.7% | na | 68.0% | 9.0% | 3.6% | 2.1% | 2.7% | 4 | 7 | 13 | 16 | |||
| Baloise Holding AG | CHE | CHF | 2023-06 | 15.04 | na | -265.9% | na | 933.9% | -15.7% | -3.8% | -6.9% | -2.9% | 34 | 1 | 26 | 27 | |||
| Unipol Gruppo SpA | ITA | EUR | 2023-06 | 14.95 | na | 79.5% | na | 76.5% | -4.9% | 0.2% | -4.8% | 0.0% | 6 | 5 | 24 | 22 | |||
| Powszechny Zaklad Ubezpieczen SA | POL | PLN | 2023-09 | 14.67 | 58.6% | 47.0% | 43.4% | 64.7% | 21.2% | 10.9% | 5.7% | 7.6% | 10 | 8 | 9 | 7 | |||
| Ageas SA/ NV | BEL | EUR | 2023-06 | 13.79 | na | 328.3% | na | 70.4% | -25.7% | -9.2% | -12.3% | -4.1% | 3 | 6 | 31 | 28 | |||
| Helvetia Holding AG | CHE | CHF | 2023-06 | 13.07 | na | 79.6% | na | 39.1% | -18.2% | -1.5% | -2.6% | 0.6% | 5 | 15 | 22 | 21 | |||
| Sampo Oyj | FIN | EUR | 2023-12 | 9.47 | 28.4% | 24.8% | 42.2% | 32.2% | 13.8% | -6.9% | 1.1% | 2.5% | 15 | 18 | 17 | 18 | |||
| UNIQA Insurance Group AG | AUT | EUR | 2023-06 | 8.15 | na | 62.0% | na | 43.0% | -0.5% | 7.1% | 5.3% | 4.6% | 8 | 13 | 10 | 11 | |||
| Wustenrot & Wurttembergische AG | DEU | EUR | 2023-09 | 7.01 | -7.0% | 34.4% | 40.9% | 31.2% | -30.6% | -11.0% | -8.8% | -2.7% | 13 | 19 | 28 | 25 | |||
| Tryg A/S | DNK | EUR | 2023-12 | 5.84 | 9.9% | 4.0% | 7.3% | 18.4% | 18.4% | 29.5% | 21.2% | 18.1% | 27 | 23 | 3 | 2 | |||
| Grupo Catalana Occidente SA | ESP | EUR | 2023-09 | 5.06 | -2.7% | 3.0% | 5.8% | 6.2% | 8.5% | 3.4% | 2.6% | 3.4% | 28 | 28 | 12 | 12 | |||
| Nuernberger Beteiligungs AG | DEU | EUR | 2023-06 | 4.99 | na | 547.3% | na | 45.1% | -57.1% | -23.7% | -23.2% | -11.9% | 1 | 11 | 32 | 32 | |||
| Direct Line Insurance Group PLC | GBR | GBP | 2023-06 | 4.02 | na | 13.4% | na | 10.0% | -2.5% | -0.8% | -1.4% | -2.0% | 22 | 27 | 21 | 24 | |||
| Storebrand ASA | NOR | NOK | 2023-09 | 3.88 | -26.2% | -71.9% | -121.6% | -206.6% | -140.4% | na | -168.5% | -185.8% | 32 | 35 | 35 | 34 | |||
| Gjensidige Forsikring ASA | NOR | NOK | 2023-12 | 3.65 | 22.4% | 25.5% | 29.1% | 30.2% | 30.2% | 10.5% | 9.8% | 8.6% | 14 | 20 | 6 | 6 | |||
| UnipolSai SPA | ITA | EUR | 2023-12 | 3.50 | na | 24.8% | na | 45.0% | 45.0% | -52.3% | -37.9% | -24.3% | 16 | 12 | 34 | 33 | |||
| Hiscox Ltd | BMU | GBP | 2023-06 | 3.25 | na | 19.1% | na | 18.7% | 1.5% | 1.8% | 1.0% | 4.7% | 19 | 22 | 18 | 10 | |||
| Alm Brand A/S | DNK | DKK | 2023-12 | 2.13 | 8.5% | 7.4% | 17.2% | 38.9% | 38.2% | 67.0% | 41.3% | 13.3% | 26 | 16 | 1 | 4 | |||
| Admiral Group PLC | GBR | GBP | 2023-06 | 2.05 | na | 13.2% | na | -27.2% | -3.5% | 7.3% | 7.3% | 5.8% | 23 | 33 | 8 | 8 | |||
| Vaudoise Assurances Holding SA | CHE | CHF | 2023-06 | 1.60 | na | 14.2% | na | -12.0% | -2.4% | 1.8% | 1.2% | 1.4% | 21 | 30 | 16 | 19 | |||
| Topdanmark A/S | DNK | DKK | 2023-12 | 1.55 | 11.7% | 19.2% | 25.5% | 25.4% | 24.0% | 5.1% | -26.7% | -9.0% | 18 | 21 | 33 | 31 | |||
| Rosgosstrakh Insurance Co PJSC | RUS | RUB | 2023-06 | 1.30 | na | -8.9% | na | -14.0% | -16.5% | -7.8% | -1.3% | 3.1% | 30 | 32 | 20 | 15 | |||
| Lancashire Holdings Ltd | BMU | GBP | 2023-12 | 1.23 | na | 62.5% | na | 55.9% | 54.9% | 32.6% | 34.9% | 22.7% | 7 | 10 | 2 | 1 | |||
| Linea Directa Aseguradora SA | ESP | EUR | 2023-12 | 1.05 | na | 2.0% | na | 2.8% | 2.7% | 2.4% | 1.9% | na | 29 | 29 | 15 | - | |||
| Protector Forsikring ASA | NOR | NOK | 2023-09 | 0.87 | 55.6% | 58.7% | 67.0% | 61.3% | 6.0% | 6.7% | 13.0% | 16.2% | 9 | 9 | 4 | 3 | |||
| Saga PLC | GBR | GBP | 2023-07 | 0.76 | na | 12.9% | na | 15.7% | 54.1% | 31.2% | -10.0% | -7.5% | 24 | 24 | 30 | 30 | |||
| Croatia Osiguranje d.d | HRV | EUR | 2023-09 | 0.52 | 11.5% | 10.5% | 8.8% | 12.4% | 4.9% | 4.8% | 1.9% | 3.3% | 25 | 25 | 14 | 13 | |||
| Mapfre SA | ESP | EUR | 2023-12 | 0.00 | na | -100.0% | na | -100.0% | 18.3% | 11.6% | 10.3% | 3.3% | 33 | 34 | 5 | 14 | |||
| Source: Annual Filings, Company Website | |||||||||||||||||||