A.M. Best estimates that alternative capital represents approximately $80 billion of capacity, with the vast majority of capital — $345 billion — from traditional sources.(Photo: A.M. Best)

The top 10 positions within A.M. Best’s annual ranking of the Top 50 Global Reinsurance groups experienced some reshuffling in 2016, most notably in the top spot, as Swiss Re Ltd. jumped over Munich Reinsurance Company. 

The change in the No. 1 position was the first for any of the top three spots since 2010, with Hannover Rück S.E. continuing to rank No. 3, according to A.M. Best’s annual special report on the global reinsurance industry. Falling out of the top 10 was PartnerRe Ltd. and Everest Re Group Ltd.

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