Reinsurance saw the highest median dividend yield among all European insurance sectors for the 12 months ending June 30.
The median yield for public European reinsurers was 6.71% during the period, according to an S&P Global Market Intelligence analysis, based on June 30 closing stock prices.
The life and health sector had the second-highest median yield at 3.81%, followed by the property and casualty and multiline sectors' combined median dividend yield of 3.33%.
A few big companies in the life and health space stood out with dividend yields well above the median. CNP Assurances SA, NN Group NV, and Legal & General Group PLC produced some of the highest yields among the largest companies in that sector.
Alm. Brand A/S, which is the 25th-largest P&C European insurer by market cap, offered the highest return to shareholders among all large P&C companies, recording a dividend yield of more than 33% for the 12 months ended June 30.