The XC60 scored an nearly ideal 98 percent in adult occupant protection.
Michiel van Ratingen, secretary general of Euro NCAP, said he was pleased to see top-end cars like the Volvo XC60 pushing safety boundaries, but added: "It is the high-selling mass-market vehicles that will really influence road safety in the future and manufacturers like Nissan, Ford, Seat and VW are to be congratulated for democratising safety by making high-tech safety assistance available on their superminis".
The XC60 set a new safety benchmark with its near-perfect results.
"High levels of protection were recorded for occupants in all four crash tests, with only the chest of the rear passenger in the full width test and the lower legs of the driver in the frontal offset test seeing points deducted."
The adult occupancy score was nearly ideal at 98 per cent, with the safety assist score also very good at 95 per cent.
The new Volvo XC60 becomes the best all-round performer of 2017 so far and matches the performance of the XC90, tested in 2015.
The whiplash protection test resulted in a 2.85 out of three.
Not to be outdone, the "Child Occupant Protection" category was another strong point for the XC60, with a return of 42.86 out of 49 overall points - or 87.5 per cent. Check out the cool slow-mo crash test footage below for more.
Meanwhile, the side impact crash test saw "good" protection of both child dummies, with final scores tallying 11.95 out of 15 for the six-year old and 11.91 out of 15 for the 10-year old.
Interestingly, the mid-size Volvo SUV scored just 76 per cent for pedestrian protection, with ANCAP citing the A-pillars and outer bonnet-edge as "poor" pedestrian protectors in testing.
The auto safety organisation has released its latest ratings, with all eight newly tested cars achieving five stars out of five.