Top 10 Insurance Companies

#1 Berkshire Hathaway (BRK.B)

Berkshire Hathaway is the leading insurance company in terms of revenue. Insurance companies provide policies to cover losses arising from accidents, health issues, property damage, and professional liability. Some of the largest insurance companies hold market positions in the United States, Latin America, Asia, Europe, the Middle East, and Africa.

#2 Ping An Insurance (Group) Co. (PNGAY)

Ping An Insurance offers insurance, financial, and banking services. It is one of the top 50 companies listed on the Shanghai Stock Exchange. Founded in 1988, it was the first joint-stock insurance company in China. Its subsidiaries include Ping An Life, Ping An Property & Casualty, Ping An Annuity, and Ping An Health.

#3 Allianz SE (ALIZY)

Allianz is a leading global financial services company that offers products and services ranging from insurance to asset management. It provides insurance products that span property and casualty policies to health and life insurance for corporate and individual customers. The company is headquartered in Germany.

#4 AXA SA (AXAHY)

AXA is one of the largest insurance groups in the world, with core businesses in property and casualty insurance, life and savings insurance, and asset management. Many insurance companies merged to form AXA in the 1990s.

#5 MetLife Inc (MET)

MetLife, Inc. is a global leader in providing insurance, retirement, and employee benefit programs. With many subsidiaries and affiliates, MetLife holds market positions in the United States, Japan, Latin America, Asia, Europe, the Middle East, and Africa.

#6 Prudential PLC (PUK)

Prudential PLC is a London-based insurance and investment services company that offers products ranging from life, health, accident, and property insurance to retirement plans, equity plans, mortgages, and other financial services. Prudential also serves customers in all major global markets.

#7 American International Group Inc. (AIG)

American International Group, Inc. (AIG) is a leading global insurance organization that offers a wide range of property and casualty insurance, life insurance, retirement solutions, and other financial services to clients in approximately 70 countries.

#8 Allstate Corp. (ALL)

Allstate Corp. is a leader in personal and accident insurance products such as auto, home, and life insurance. In 2020, Allstate showcased its slogan “You’re in good hands” through its Shelter-in-Place Payback program that refunded nearly $1 billion to auto customers over three months.

#9 Progressive Corp. (PGR)

Founded in 1937, Progressive Corp. is a leader in the auto insurance and homeowner insurance industry. The company also provides financial services and commercial and personal insurance products with bundling options.

#10 Chubb Ltd. (CB)

Chubb Ltd. is a publicly traded property and casualty insurance company and the leading commercial insurer in the United States with operations in 54 countries and territories. Chubb’s products include commercial and personal property insurance, casualty insurance, personal health insurance, reinsurance, and life insurance.

Source: https://www.investopedia.com/articles/personal-finance/010715/worlds-top-10-insurance-companies.asp

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