Munich Re, Swiss Re Lead Latin America P&C Reinsurance Rankings 2025

Munich Re, Swiss Re, and Hannover Re maintain their leading positions as the top three preferred property and casualty (P&C) reinsurance brands in Latin America in 2025, according to NMG Consulting's latest Global P&C Re Study. SCOR and MAPFRE Re also retain their fourth and fifth spots, reflecting stability among the top-tier reinsurers based on brand quality and specialist expertise in the region. The study notes some reshuffling beyond the top five, with Lloyd’s, Everest Re, and Liberty Mutual Re moving up in rankings, while Gen Re experienced a decline. Notable movements include Austral Re's significant jump to 16th place and Odyssey Re’s drop to 20th. These rankings highlight evolving market perceptions and competitive dynamics within Latin America's reinsurance sector. These Latin American brand rankings align with trends observed in Continental Europe, where Swiss Re and Munich Re again lead the market. The survey offers valuable insights into brand strength and specialist capabilities, informing industry stakeholders on the competitive landscape and brand positioning strategies in the P&C reinsurance market.