List of the largest insurers in the world

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The list of the world's largest insurers shows the world's largest insurance companies by total assets , market capitalization and revenue . An alternative to determining the largest and most important insurance companies is the list of global systemically important insurance companies , which is published annually by the Financial Stability Board .

List of the largest insurers by total assets

The following list sorts the 25 largest insurers in the world according to their total assets in 2018 calculated in US dollars . The source is the list of the 25 largest insurers based on total assets from the rating agency AM Best Company . The largest insurance company according to this criterion was the French Axa in 2018 .

rank insurer country Total assets in
USD billion
1 AXA FranceFrance France 1,011.4
2 Allianz SE GermanyGermany Germany 994.3
3 Prudential Financial United StatesUnited States United States 815.1
4th Nihon Seimei Hoken JapanJapan Japan 710.9
5 Berkshire Hathaway United StatesUnited States United States 707.9
6th MetLife United StatesUnited States United States 687.5
7th Japan Post Group JapanJapan Japan 666.6
8th Prudential plc United KingdomUnited Kingdom United Kingdom 646.2
9 Legal & General United KingdomUnited Kingdom United Kingdom 625.7
10 Ping An Insurance China People's RepublicPeople's Republic of China People's Republic of China 620.4
11 Assicurazioni Generali ItalyItaly Italy 590.5
12 China Life Insurance China People's RepublicPeople's Republic of China People's Republic of China 579.4
13 Manulife Financial CanadaCanada Canada 550.3
14th Aviva United KingdomUnited Kingdom United Kingdom 546.9
15th Zenkyoren JapanJapan Japan 529.2
16 Dai-ichi Seimei Hoken JapanJapan Japan 504.6
17th American International Group United StatesUnited States United States 491.8
18th CNP Assurances FranceFrance France 475.7
19th AEGON NetherlandsNetherlands Netherlands 449.7
20th Life Insurance Corporation of India IndiaIndia India 449.0
21st Amundi FranceFrance France 437.9
22nd Zurich Insurance Group SwitzerlandSwitzerland Switzerland 395.3
23 Meiji Yasuda Seimei Hoken JapanJapan Japan 379.9
24 Sumitomo Life Insurance JapanJapan Japan 341.1
25th New York Life Insurance Company United StatesUnited States United States 339.1

List of the largest insurers by premium income

The following list sorts the 25 largest insurers in the world according to their insurance premiums received in 2018, calculated in US dollars . The source is the list of the 25 largest insurers based on total assets from the rating agency AM Best Company . The largest insurance company according to this criterion was UnitedHealth in 2018 .

rank insurer country Premium income in
billion USD
1 UnitedHealth United StatesUnited States United States 178.1
2 AXA FranceFrance France 103.0
3 Ping An Insurance China People's RepublicPeople's Republic of China People's Republic of China 101.8
4th China Life Insurance China People's RepublicPeople's Republic of China People's Republic of China 93.4
5 Kaiser Permanente United StatesUnited States United States 92.1
6th Anthem United StatesUnited States United States 85.0
7th Allianz SE GermanyGermany Germany 83.2
8th Assicurazioni Generali ItalyItaly Italy 72.6
9 State Farm United StatesUnited States United States 70.8
10 People's Insurance Company of China China People's RepublicPeople's Republic of China People's Republic of China 68.2
11 Berkshire Hathaway United StatesUnited States United States 59.2
12 Centene United StatesUnited States United States 57.3
13 Humana Inc. United StatesUnited States United States 54.9
14th Nihon Seimei Hoken JapanJapan Japan 54.3
15th Munich Re GermanyGermany Germany 53.5
16 Zenkyoren JapanJapan Japan 50.3
17th Life Insurance Corporation of India IndiaIndia India 48.7
18th Dai-ichi Seimei Hoken JapanJapan Japan 48.2
19th China Pacific Insurance China People's RepublicPeople's Republic of China People's Republic of China 44.3
20th CVS Health United StatesUnited States United States 44.0
21st MetLife United StatesUnited States United States 43.8
22nd Prudential plc United KingdomUnited Kingdom United Kingdom 42.2
23 Zurich Insurance Group SwitzerlandSwitzerland Switzerland 41.2
24 Liberty Mutual United StatesUnited States United States 39.1
25th Health Care Service Corporation United StatesUnited States United States 38.0

List of the largest insurers by market value

The following list sorts the 15 largest insurers in the world according to their market value in mid-2016, calculated in US dollars . The source is Forbes Global 2000 from the American business magazine Forbes . The Japanese conglomerate Japan Post Group , which among other things offers insurance, had a market value of 55.1 billion US dollars in 2016 and would therefore rank ninth as an insurer.

rank insurer country Market value in
billion USD
1 Ping An Insurance China People's RepublicPeople's Republic of China People's Republic of China 100.8
2 China Life Insurance China People's RepublicPeople's Republic of China People's Republic of China 98.1
3 Allianz SE GermanyGermany Germany 83.7
4th AIA Group Hong KongHong Kong Hong Kong 77.1
5 Chubb SwitzerlandSwitzerland Switzerland 64.0
6th AXA FranceFrance France 60.8
7th American International Group United StatesUnited States United States 60.1
8th MetLife United StatesUnited States United States 57.2
9 Prudential plc United KingdomUnited Kingdom United Kingdom 53.7
10 Prudential Financial United StatesUnited States United States 45.6
11 Zurich Insurance Group SwitzerlandSwitzerland Switzerland 40.0
12 Manulife Financial CanadaCanada Canada 34.4
13 China Pacific Insurance China People's RepublicPeople's Republic of China People's Republic of China 33.5
14th Swiss Re SwitzerlandSwitzerland Switzerland 32.1
15th Tokyo Marine Holdings JapanJapan Japan 30.6

List of the largest insurers by sales

The following list sorts the 50 largest insurers in the world according to their sales in 2016, calculated in US dollars . The profit is also given. The source is Forbes Global 2000 from the American business magazine Forbes . The Japanese conglomerate Japan Post Group , which among other things offers insurance, had a turnover of 123.7 billion US dollars in 2016 and would therefore rank second as an insurer.

rank insurer country Sales in
billion USD
Profit in
billion USD
1 AXA FranceFrance France 132.2 6.2
2 Allianz SE GermanyGermany Germany 115.7 7.6
3 Ping An Insurance China People's RepublicPeople's Republic of China People's Republic of China 106.6 9.5
4th Legal & General United KingdomUnited Kingdom United Kingdom 105.5 1.7
5 Prudential plc United KingdomUnited Kingdom United Kingdom 96.9 2.6
6th Assicurazioni Generali ItalyItaly Italy 90.5 2.3
7th China Life Insurance China People's RepublicPeople's Republic of China People's Republic of China 82.8 2.9
8th Aviva United KingdomUnited Kingdom United Kingdom 74.3 0.9
9 Munich Re GermanyGermany Germany 68.8 2.9
10 Zurich Insurance Group SwitzerlandSwitzerland Switzerland 67.3 3.2
11 MetLife United StatesUnited States United States 64.7 0.8
12 People's Insurance Company of China China People's RepublicPeople's Republic of China People's Republic of China 64.6 2.1
13 Prudential Financial United StatesUnited States United States 56.3 4.3
14th Dai-ichi Seimei Hoken JapanJapan Japan 55.7 1.7
15th American International Group United StatesUnited States United States 52.4 −0.8
16 MS&AD Insurance Group Holdings JapanJapan Japan 47.8 2.0
17th Tokyo Marine Holdings JapanJapan Japan 44.6 2.8
18th Swiss Re SwitzerlandSwitzerland Switzerland 43.6 3.6
19th China Pacific Insurance China People's RepublicPeople's Republic of China People's Republic of China 40.3 1.3
20th Manulife Financial CanadaCanada Canada 38.9 2.2
21st AEGON NetherlandsNetherlands Netherlands 36.6 0.5
22nd Allstate United StatesUnited States United States 36.3 1.9
23 Talanx GermanyGermany Germany 34.7 1.0
24 Chubb SwitzerlandSwitzerland Switzerland 31.9 4.1
25th CNP Assurances FranceFrance France 30.7 1.2
26th Sompo Japan Nipponkoa Holdings JapanJapan Japan 29.4 1.7
27 The Travelers Companies, Inc. United StatesUnited States United States 27.7 3.0
28 AIA Group Hong KongHong Kong Hong Kong 26.5 4.2
29 Standard Life United KingdomUnited Kingdom United Kingdom 25.2 0.5
30th Samsung Life Insurance Korea SouthSouth Korea South Korea 24.1 1.8
31 Progressive Corporation United StatesUnited States United States 23.5 1.0
32 Mapfre SpainSpain Spain 23.3 0.8
33 Aflac United StatesUnited States United States 22.7 2.7
34 Old Mutual United KingdomUnited Kingdom United Kingdom of South Africa
South AfricaSouth Africa 
22.1 0.8
35 New China Life Insurance China People's RepublicPeople's Republic of China People's Republic of China 22.0 0.8
36 China Taiping Insurance Hong KongHong Kong Hong Kong 21.6 0.6
37 Sun Life Financial CanadaCanada Canada 19.9 1.9
38 Swiss Life SwitzerlandSwitzerland Switzerland 19.5 0.9
39 Unipol ItalyItaly Italy 18.4 0.4
40 Hartford Financial Services Group United StatesUnited States United States 18.1 0.9
41 Samsung Fire & Marine Korea SouthSouth Korea South Korea 17.2 0.7
42 T&D Holdings JapanJapan Japan 16.6 0.7
43 NN Group NetherlandsNetherlands Netherlands 15.6 1.3
44 Scor FranceFrance France 14.6 0.7
45 China Reinsurance Group China People's RepublicPeople's Republic of China People's Republic of China 13.7 0.8
46 Lincoln National United StatesUnited States United States 13.4 1.2
47 Loews Corporation United StatesUnited States United States 13.0 0.6
48 Ageas Holding BelgiumBelgium Belgium 12.9 0.0
49 Principal Financial Group United StatesUnited States United States 12.5 1.3
50 Dongbu Insurance Korea SouthSouth Korea South Korea 12.4 0.5

Individual evidence

  1. ^ A b World's Largest Insurance Companies. Retrieved July 18, 2020 .
  2. ^ The World's Biggest Public Companies . In: Forbes . ( forbes.com [accessed May 18, 2018]).
  3. ^ The World's Biggest Public Companies . In: Forbes . ( forbes.com [accessed March 7, 2018]).