The Worlds Largest Life Insurers, 2024 | List of largest insurance companies | Biggest Life Insurance Companies:- When it comes to many different risks like the risk of falling sick, being the victim of a natural disaster or fire meeting with an accident, insurance companies play an important role to support us financially. There are many sizes and specialise insurance companies in different policy lines, from health to property and casualty. Some top most companies are mentioned in this article on the basis of many criteria such as premium collections, revenue profit, geographical area, Assets and more.
Who is the Worlds Largest Life Insurers companies?
The Worlds Largest Life Insurers 2024 | List of largest insurance companies | Biggest Life Insurance Companies
1. State Farm Insurance Company
state farm is the topmost insurance company. It is a large group of Insurance and financial services firms all over the world, especially in the US. The company offers Auto Insurance, life insurance and fire insurance. The customer support of the state farm is well known.
That’s why the customers of state farm feel proud to be part of this Insurance Company. This firm is best known for offering property and casualty (P&C) insurance products, especially in personal lines.
 2. AXA insurance company
AXA insurance company is a French multinational Insurance farm headquartered in Paris. AXA engages in Auto Insurance, life insurance and health insurance all over the world. AXA Insurance Company operates primarily in western Europe, North America, the India Pacific region and in Africa.
The AXA group has more than 103 million clients from 64 countries. AXA had Euro 1363 billion assets under management as of December 31st, 2015.
Related:- Top Ten Indian Banks | India’s 10 Largest Banks For -2024
3. Liberty Mutual
Liberty Mutual Insurance company is the third-largest property and casualty insurance in the United States having 75th rank on the Fortune 100 list of largest corporations in the United States on 2018 revenue.
4. Zurich insurance group
Zurich insurance group is one of the biggest insurances that was founded in 1872. The insurance group has a first Best rank in providing Home Insurance and life insurance and health insurance. It is a swiss insurance group that is headquartered in Switzerland. The net premium of the company is Dollar 41.1 billion.
The Zurich insurance group is an insurance and Finance services provider company that has its presence over 170 countries and makes an average of dollar 60 million annually. The company deals mostly in life insurance, General Life insurance, and farmer insurance.
It is a company that gives its services and products to individuals as well as all business sizes. The company enjoys a rich group of employers over 55000 employees all over the world.
5. AIA Group Limited
AIA Group Limited insurance company is the largest public listed Pan Asian life insurance, group. The company is headquartered in Hong Kong.
It is a finance and insurance provider company. It was founded in 1919. The company has its presence over 18 markets including China, Australia, New Zealand, India, and Cambodia. It has the balance sheet with Assets of Dollar 284 billion and the market of dollar 120 6.2 billion.
6. China Life Insurance
China Life Insurance is a state-owned insurance and financial service provider company. It was founded in 1949 with headquarters in China. The company plays the role of A key player in Chinese capital markets, with its contribution as an institutional investor.
China Life Insurance has seven subsidiaries. The company comes to offer it services for Life Insurance, pension plans, Asset Management, property and casualty, investment holding, and Overseas operations. In terms of the market capitalization of dollar 123.9 billion, the company emerges as the biggest public life insurance company that is listed on the New York stock exchange, The Hong Kong stock exchange, and Shanghai’s stock exchange.
7. Berkshire Hathaway
Berkshire Hathaway is a powerhouse company founded in 1889. The company is associated with the Legend personality Warren Buffett. Warren Buffett has transformed this mediocre entity into one of the largest companies globally. The company is headquartered in United States.
One of the best things of the company is that Warren Buffett started buying stock in Berkshire Hathway in the 1960s. The market cap of the company is recorded dollar 554 billion with total Assets of over Dollar 817 billion. The company offers insurance and reinsurance of property and casualty risks.
8. Allianz SE
Alliance SE is one of the most popular leading finance and insurance companies that was founded in 1890. It is headquartered in Germany. The companies serve a large number of its customers with providing products and services from insurance to Asset Management.
The company has its presence over more than 70 countries. The market cap of Alliance is Dollar 104.4 billion.
9. Prudential
Prudential company was founded in 1848 with its headquarters in the UK. The company offers services in finance and insurance across the Asian continent, the UK, the USA, and Africa. The company has a rich balance sheet with assets exceeding dollar 896 billion and a market cap of dollar 39 billion. It has a wide range of employers more than 22308.
Prudential is a great name in the Insurance sector as it works under Jackson National Life Insurance Corporation, Prudential Corporation Asia, and M&G investments.
10. United Health group
United health group is a great name in the Insurance sector. It was founded in 1977 and is headquartered in United States. When it comes to employees, it has a wide range of employees of about 320,000 as of 2023.
The company offers health care products and insurance services. The company has more than 115 million people in the US and across 125 countries with its two main platforms United Healthcare for health benefits and optimum for health services. The United Health group experiences clinical care to improve the performance of the Healthcare services sector
The Worlds Largest Life Insurers 2024 | List of largest insurance companies | Biggest Life Insurance Companies | Who is the Worlds Largest Life Insurers companies?
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