Check to below list of top 10 best insurance companies in the world. Insurance helps people exactly to do facing many risks such as meeting with falling sick, accident, being a victim of fire or natural disaster and much more. All risks are not only come with suffering and pain but also financially hurt. Insurance is a way to be prepared for the worst. Insurance offers surety that a part of economic pain will take care of it. Some top insurance companies are based on many criteria such as market capitalization, profit, assets, geographical area, premium collections and more.
These following lists are mainly focused on the number of factors and also the best insurance companies on it.
Here is the list of top 10 best insurance companies around the world.
Table of Contents
10. Allianz SE:
This company was established in the year of 1980. This company headquarters is Germany. Allianz SE is one of the leading financial service companies for providing product and service from insurance to the management of assets. Allianz SE caters to consumers for more than seventy countries with the cost of € 1.8 billion in property under the management. The insurance product is a wide range from casualty and asset to life and health insurance for individual and corporate consumers. At 2015, Allianz SE has reached a total revenue of €125.2 billion.
9. Japan Post Holding Co. Ltd:
This company is owned by the government of Japan. It has 4 primary divisions such as Japan Post Network (post offices), Japan Post Insurance (life insurance), Japan Post Service (mail service) and Japan Post Bank (banking function). This insurance company is operated within a Japan Post holding for providing insurance to customers. An insurance sector uses post offices in the nationwide network, In addition to the own sales office to be reached out and provided services to the customers. At 2015, Japan Post Holding Co. Ltd has a total profit of $3.84 billion.
8. Assicurazioni Generali S.P.A:
The Generali group was established in 1831. It is one of the largest insurance companies in Italy that is situated in Trieste. This company is 8th largest Insurance company and it plays financial product and global insurance field. Generali is mainly focused on life insurance that offers a diverse product from saving policy and family protection to unit liked insurance plan. Assicurazioni Generali S.P.A has a total profit of 480 billion Euros in property under management. Assicurazioni Generali S.P.A most famous and in the list of best insurance companies 2017 – 2018.
7. Munich Re Group:
The Munich Re Group was founded in the year of 1880 and is one of the leading reinsurers in the world. It is operated only primary insurance carries out by its ERGO and subsidiary insurance group, which is offering a wide range of insurance, provision and services. It has around the 45000 employees working with insurance company such as aviation re-insurance, health re-insurance, liability business, property casualty business and much more. The Munich Re Group has reported a total net worth of 3.1 billion Euros since 2015.
6. UnitedHealth Group:
It is an American hailing group from Minnesota. It has 2 business platforms like Optum for health services and United Healthcare for the benefits of health. The main aim has provided resources in the clinical care and improved the performance of health care. United Health Group had reported total revenue of 157.1 billion dollars in 2015.
5. Prudential Plc:
PUK was established in London since 1848. This company is 5th largest Insurance company and the investors of Prudential mutual assurance and loan association are providing loans for working and professional people. A financial and insurance service brand with the operated catering to its customers across the Asia, Prudential U.K, Prudential Corporation Asia. M & G corporation and Jackson National life insurance. These are the main and important businesses within PUK group. It has a net worth of 509 billion Euros in assets under management.
4. Berkshire Hathaway:
It is a multinational conglomerate holding group and its headquarters is located in the US. This company was established in the year of 1889 and it’s associated with the Warren Buffet. Now this company is a leading investment manager, engaged in insurance and another sector like manufacturing, utilized and energy, rail transportation, service and finance. It provides property re-insurance as well as primary insurance and casualty risk.
3. China life insurance:
LFC is one of the largest life insurance companies in China. This company was founded in 1996 and even they had started with 7 subsidiaries presently. This company is 3rd largest Insurance company and it is spread across the pension plan, life insurance, casualty and property management.This company has made the investment in a Boston Waterfront project.
2. Zurich Insurance Group:
This company is a Switzerland large insurer along with subsidiary. It has many branches in approximately 170 countries for providing insurance service and product. The main business includes global life, farmer insurance and general insurance to provide small, large and mid-sized companies and also multinational corporations. The total revenue has 60.568 billion dollars in 2015.
It is a multinational insurance organization in French with 102 million consumers in fifty-six countries and 157000 employees. There are many insurance companies merged and created an Acanthi company in many parts of the middle east. AXA group has reported a total profit of 99 billion Euros since 2015. AXA is the one of the best company among all other world’s best insurance companies 2017 – 2018.
Conclusion: Top 10 Best Insurance Companies In The World 2017 – 2018
The Above mentioned are the top ten world’s best insurance companies 2017 – 2018. It offers many different policies and selects the right one count. Consider some things like previous claims, policy offer, rate and discount.