Insurers.globalEurope

8 classes

What insurers are licensed to write

Each of the 3,755 entities carries one licence class as recorded by its supervisor, or inferred from its name where the register does not state one (the EIOPA register for EU/EEA undertakings). Composite licences, which allow both life and non-life business, survive mainly in markets that have not yet mandated separation.

Code U

Not stated in register

1667 entities in 30 of 46 countries

Solvency II undertakings whose register entry carries no class of business; usually non-life or composite.

Code G

General (Non-life)

502 entities in 14 of 46 countries

Short-term property, casualty, motor, marine and other non-life covers.

Code R

Reinsurer

454 entities in 26 of 46 countries

Carriers that accept risk ceded by primary insurers.

Code L

Life

450 entities in 39 of 46 countries

Long-term life assurance, annuities, pensions and savings products.

Code H

Health / Medical

438 entities in 15 of 46 countries

Medical, health and hospital cash insurers licensed separately from life.

Code X

Specialty / Credit / Captive

124 entities in 23 of 46 countries

Credit, trade, legal-expenses, captive, agricultural, statutory-scheme or other specialist carriers.

Code C

Composite

118 entities in 12 of 46 countries

Licensed to write both life and non-life business under one entity.

Code T

Takaful / Islamic

2 entities in 1 of 46 countries

Sharia-compliant risk-sharing operators (takaful, participation and retakaful).