List of 10 Largest Insurance Companies in the World

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Companies engaged in the insurance business

 

List of 10 Largest Insurance Companies in the World – Companies engaged in the insurance business are usually referred to as insurance companies or in English called insurance companies. Based on the publication of an online statistical portal, Statista, the World’s Largest Insurance Company by Market Capitalization is Berkshire Hathaway from the United States. This insurance company, led by one of the richest people in the world, Warren Buffet, has a market capitalization of US$ 350.5 billion. The second largest insurance company in the world is occupied by a Chinese company, namely China Life Insurance with a market capitalization of US$ 164.1 billion. While the third position is occupied by Ping An Insurance which is also an Insurance Company from China with a Market Capitalization of US$ 130.9 billion.

List of 10 Largest Insurance Companies in the World

From this top 10 list, there are 3 insurance companies from the United States, 3 companies from China and one company each from England, the Netherlands, Germany and France. The following is a list of the 10 Largest Insurance Companies in the World along with their Market Capitalization and Country of Origin.

1. Berkshire Hathaway

Market Cap: US$ 350.5 billion
Country of Origin: United States
Headquarters: Omaha, Nebraska, United States
CEO & Chairman : Warrant Buffet
Year founded: 1839
Founder: Oliver Chace

2. China Life Insurance

Market Cap: US$ 164.1 billion
Country of Origin: China
Headquarters : Beijing, China
Chairman: Yang Mingsheng
Year of establishment: 2003

3. Ping An Insurance

Market Cap: US$ 130.9 billion
Country of Origin: China
Headquarters: Shenzhen, Guangdong, China
CEO & Chairman : Ma Mingzhe
Year of establishment: 1988

4. AIA Group

Market Cap: US$ 80.5 billion
Country of Origin: Hong Kong China
Headquarters: Hong Kong China
Group CEO : Mark Tucker
Year founded: 1919
Founder: Cornelius Vander Starr

5. Allianz

Market Capitalization : US$ 78.7 billion
Country of Origin: Germany
Headquarters: Munich, Germany
CEO : Oliver Bate
Year of establishment: 1890

6. American International Group (AIG)

Market Cap: US$ 76.4 billion
Country of Origin: United States
Headquarters: New York, United States
CEO: Peter Hancock
Year founded: 1919
Founder: Cornelius Vander Starr

7. Prudential PLC

Market Cap: US$ 65.6 billion
Country of Origin : England
Headquarters : London, England
CEO: Paul Manduca
Year of establishment: 1848

8. AXA

Market Cap: US$ 61.2 billion
Country of Origin: France
Headquarters : Paris France
Chairman & CEO : Henri de Castries
Year founded: 1817
Founder: Claude Bébéar

9. ING Group

Market Cap: US$ 59.3 billion
Country of Origin: Netherlands
Headquarters : Amsterdam, Netherlands
CEO: Ralph Hamers
Year of establishment: 1991

10. Metlife

Market Cap: US$ 57.8 billion
Country of Origin: United States
Headquarters: New York, United States
Chairman & CEO : Steven A. Kandarian
Year of establishment: 1868

 

 

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