German Insurance Low Leverage High Rewards

Allianz

Market Cap: €131.7b

Provides property-casualty insurance, life/health insurance, and asset management products and services Internationally.

RheinLand Holding

Market Cap: €113.7m

Provides various insurance products and services for private and commercial customers in Germany and internationally.

Münchener Rückversicherungs-Gesellschaft in München

Market Cap: €71.3b

Engages in the insurance and reinsurance businesses worldwide.

Hannover Rück

Market Cap: €32.3b

Provides reinsurance products and services in Germany, the United Kingdom, France, Europe, the United States, Asia, Australia, Africa, and internationally.

Talanx

Market Cap: €28.3b

Provides insurance and reinsurance products and services worldwide.