Top 10 Insurers Companies in The World
1- Zurich Insurance Group
Zurich Insurance Group, a Switzerland-headquartered global insurance company, was founded in 1872. Zurich Group, together with its subsidiaries, operates in more than 170 countries, providing insurance products and services. The core businesses of Zurich include general insurance, global life, and farmers insurance. With its employee strength of over 55,000, Zurich caters to the vast insurance needs of individuals and businesses of all sizes.
AXA is one of the world’s leading insurance groups With over 102 million customers in 56 countries and an employee base of 157,000. Its main businesses are property and casualty insurance, life insurance, savings, and asset management. Its origin goes back to 1817 when several insurance companies merged to create AXA.
3- Prudential plc
one of the largest companies globally. The company engages in a conglomerate of businesses including insurance, investments in rail transportation, energy, services, retailing, manufacturing, utilities, and finance.
4- Prudential plc
This is yet another great name in the insurance sector. It deals in insurance and financial services with its operations cutting across the Asian continent, the U.K, the U.S.A as well as the recently penetrated Africa. Founded in the U.K. in 1848.
It employs an average of 22,308 employees. Its Jackson Insurance Co is one of the most prominent insurance companies in the USA, with Prudential U.K being a key life and pension’s provider.
5- China Life Insurance
China Life Insurance Company (LFC) is one of Mainland China’s largest state-owned insurance and financial services companies, as well as a key player in the Chinese capital market as an institutional investor.
6- Assicurazioni Generali
Founded in 1831, this is a market leader in Italy as well as other countries. Its presence is well felt in at least 60 countries worldwide with dominance in the Eastern, Central and Western Europe. The company’s main attention is on the life insurance packages with products ranging from family protection, unit-link insurance plans, and savings policies among others.
Though its main business is in the life insurance products, the company is also known for its good performance in dealing with a non-life segment. Such products include car coverage, accident, health, home as well as industrial and commercial risk. The group employs about 77,000 personnel and has a 65 million customer base.
7- Japan Post Holding
This is yet another major Japanese state-owned conglomerate. The Post Holding Company markets its products in its four main divisions namely Japan Post Network, Japan Post Insurance, Japan Post Bank and Japan Post Service. The Post Insurance division provides insurance to clients, with the company’s post office division playing an important role in helping the company reach its clients.
8- Allianz SE
The company is a leading financial service provider, offering products and services ranging from asset management all the way to insurance. Founded in 1890, the company serves a large customer base that spreads across at least 70 countries. Products range from health, life insurance, and casualty products for individual and corporate customers.
9- United Health Group
A top player in the diversified healthcare insurance in the USA, this is the most admired company in the world as far as managed care sector and insurance. The company is present in 125 countries and serves about 85,000 people globally. The company reports an average of at least 100 billion US dollars annually.
10- Munich Re Group
Present in over 30 countries, Munich Re Group, which was founded in 1880, operates in all the insurance lines. Its main focus is on Europe and Asia. Munich Re Groups main insurance operations are handled by ERGO Insurance Group-its main subsidiary. ERGO offers comprehensive insurance, provision, and services. In its main market, Germany, the company is the leading insurer in all areas.