Top 10 Best Insurance Companies in The World 2020

Allianz SE Another company from Munich, Germany Allianz Se was founded in 1890 and is a leading financial services company, providing products and services from insurance to asset management. Allianz caters to customers in more than 70 countries with €1.8 billion in assets under management. Insurance products range from property and casualty products to health and life insurance products for corporate and individual customers the largest financial services group and the largest company according to a composite measure by Forbes magazine. Japan Post Holding Co., Ltd The Japan Post Holding Co., Ltd. is a government-owned company in Japan. 

The company has four primary divisions: Japan Post Service, Japan Post Network, Japan Post Bank, and Japan Post Insurance. Japan Post Insurance operates within Japan Post Holding to provide insurance to its clients. The insurance sector makes use of the post offices nationwide network, in addition to its own sales offices, to reach out and provide services to the clients. Japan Post Holding, which went public in 2015, reported consolidated after-tax profits of $3.84 billion from April through December of 2015. The group runs the largest insurer in Japan. Assicurazioni Generali S.p.A

The Generali group founded in 1831, is the largest insurance company of Italy and is located in Trieste. The Generali Group’s branches have spread world-wide and is a prominent player in the field of global insurance and financial products. It is located in more than 60 countries, with dominance in Western, Central and Eastern Europe. 

The main area of focus has been life insurance, offering diverse products from family protection and savings polices to unit-linked insurance plans. It also specializes in an equally diverse range of products in the non-life segment as well, such as coverage of car, home, accident, and health, along with coverage of commercial and industrial risk. Munich Re Group Hailing from Munich, Germany The Munich Re Group operates in all lines of insurance and has established itself in 30 countries, with a focus on Asia and Europe. It was founded in 1880 and is one of the world’s leading reinsurers. The company’s primary insurance operations are carried out by its subsidiary, 

ERGO Insurance Group, which offers a comprehensive range of insurance, services and provision. Its newest addition, Munich Health, parlays the group’s risk-management and insurance expertise into the health care field. It has around 45,000 employees worldwide, working in all businesses of insurance: life reinsurance, health reinsurance, accident reinsurance, liability business, motor reinsurance, property-casualty business, marine reinsurance, aviation reinsurance and fire reinsurance. 

United Heath Group The UnitedHealth Group Inc. is an American group hailing from Minnetonka, Minnesota. It tops the list of diversified health care businesses in the United States. It has two business platforms – United Healthcare for health benefits and Optum for health services. The main aim of The UnitedHealth Group is to provide resources in clinical care to improve the performance of the health care services sector. 

Fortune quoted UnitedHealth Group as the “World’s Most Admired Company” in the insurance and managed care sector for six years in a row. Prudential plc Prudential plc was founded in London in May 1848 as The Prudential Mutual Assurance Investment and Loan Association to provide loans to professional and working people. An insurance and financial services brand with operations catering to 24 million customers across Asia, 

Prudential Corporation Asia, Prudential U.K. Jackson National Life Insurance Company and M&G Investments are the main businesses within the group. It has 12 Asian markets and is a top-three provider of life insurance in Hong Kong, India, Indonesia, Malaysia, Singapore, the Philippines and Vietnam. Berkshire Hathaway Berkshire Hathaway Inc. is an American multinational conglomerate holding company headquartered in Omaha, Nebraska, United States. 

It is now a leading investment manager, engaging in insurance, and other sectors such as rail transportation, finance, utilities and energy, manufacturing, services and retailing through its subsidiaries. The company wholly owns GEICO, BNSF, Lubrizol, Dairy Queen, Fruit of the Loom, Helzberg Diamonds, FlightSafety International, and NetJets, and also owns 26% of the Kraft Heinz Company. 

China Life Insurance Known as China Life Insurance Company or LFC is one of Mainland China’s largest life insurance and annuity Products Company. The company dates back to 1949 when the People’s Insurance Company of China was formed. 

The businesses are spread across life insurance, pension plans, asset management, property and casualty, investment holdings and overseas operations. The company is listed on the New York Stock Exchange, the Hong Kong Stock Exchange and the Shanghai Stock Exchange and has made an investment in the Boston Waterfront Project. 

Zurich Insurance Group Founded in 1872 this Swiss Insurance company known as Zurich or Zurich Insurance Group, is Switzerland’s largest insurer. Along with its subsidiaries it has branches in more than 170 countries, providing insurance products and services. 

The main businesses of Zurich include general insurance, global life and farmers insurance. Its employee strength is over 55,000 and the company is listed on the SIX Swiss Exchange Zurich provides insurance facilities to various individuals and businesses of all sizes: small, mid-sized and large-sized companies and even multinational corporations. AXA AXA is a French multinational insurance firm with over 102 million customers in 56 countries and an employee base of 157,000 and is headquartered in the 8th arrondissement of Paris that engages in global insurance, investment management, and other financial services. 

Being among the world’s leading insurance groups, it origin goes back to 1817 when various insurance companies merged to create Acanthi company is rooted in various parts of Africa, North America, Central and South America, Asia Pacific, Europe and the Middle East.
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