Insurance survey 2010: Top-rank cover
Despite dropping in several of the regional rankings, AIU, now Chartis Insurance, ranked as the best insurer globally for the third year running in Euromoney’s insurance survey. The majority of last year’s top 10 global insurers remained in the top 10; the exception was Mapfre, which was ousted by Australia-headquartered QBE. Within the top 10, Axa made the most progress this year, jumping from seventh in 2009 to second in 2010.
Regionally, Chartis topped western Europe’s rankings, pushing Zurich back down to second place. Royal & Sun Alliance was ranked fifth in western Europe from ninth last year and ACE moved up to third place. Chubb and HGI Gerling were replaced in the top 10 rankings by QBE and Lloyds.
North American rankings changed a lot over the year. ACE, which was fifth last year, was ranked by poll participants as the best insurer in the region, pushing Chartis down to second place.