The
insurance business has gone from side to side a lot of uproar ever since the financial crisis of world. These four facts have big impact on this industry: effects of the globalization, market investment uncertainty, terrorist attacks and deregulation.
Here
Hilman Insurance provides a list of the top 10 global insurance companies in the world.
Insurance Market Capitalization: $ 252.8 Billion
An American multinational conglomerate holding company headquartered in USA. Berkshire Hathaway controlled by its President and CEO Warren Buffet. Berkshire Hathaway managed several of subsidiary companies. The organization has averaged an annual growth of about 19% to its shareholders since the past 48 years.
Insurance Market Capitalization: $ 69 Billion
The biggest insurer of the People's Republic of China, the business holds about 45% of the Chinese market. Headquarter is in Beijing and was set up in 1931 in Shanghai.
Insurance Market Capitalization: $ 66.36 Billion
Allianz, headquartered in Munich in Germany, is among the very best 15 financial groups in the world. It was founded in 1890. Allianz was associated with deal with Commerz Bank in 2008-09 and currently holds a stake of about 14% in the bank.
Insurance Market Capitalization: $ 57.53 billion
An American insurance company, which has over 60,000 employees throughout the world, serves in over 130 countries. Its corporate headquarters are in New York, USA. It's been a well known sponsor after associating itself with Manchester United.
Insurance Market Capitalization: $ 57 billion
Ping An is a Chinese holdings company whose major businesses are insurance services and other related financial offerings. The organization was founded in 1988 and is headquartered in Shenzhen.
Insurance Market Cap: $ 53.54 Billion
AIA is headquartered in Hong Kong and operates mainly in the Asia Pacific region including Malaysia, Singapore, Taiwan, Philippines, India, Thailand and SriLanka. It was a person in the AIG Group; nevertheless it separated from the group in 2009.
Insurance Market Capitalization: $ 45.32 Billion
AXA is a French multinational conglomerate which operates primarily in Western Europe, Middle East and USA. The major businesses are insurance, life savings, asset management and supplementary financial services.
Insurance Market Capitalization: $ 43.96 Billion
Metropolitan
Life Insurance Company is one of many biggest
insurance companies in the United State and serves about 85 of the global 500 companies. The company was founded in 1968.
Insurance Market Capitalization: $ 41.84 Billion
A Swiss insurance major, headquartered in Zurich, is one of many biggest brands in the insurance space. The organization employs over 60000 people and has clients and customers in over 160 countries.
Insurance Market Capitalization: $ 35.63 Billion
ING's
insurance business is spread widely through the entire Americas, Australia and Europe. ING sold its Malaysian business to American International Assurance Co. in October, 2012. The deal was € 1.3 billion.
