The exchange rate on September 30, 2017. Its presence can now be seen across countries like Africa, North America, Central, and South America, Asia Pacific, Europe, and the Middle East. The major products of the company are life insurance, pension plans, asset management, property and casualty, investment holdings, and overseas services. Who is the wealthiest man in the world in 2020? Allianz Group, based in Germany, is the world’s largest insurance company in terms of assets. The company’s foundation can be dated back… The company offers life reinsurance, health reinsurance, accident reinsurance, liability, motor insurance, property-casualty insurance, marine reinsurance, aviation reinsurance, and fire reinsurance. The risks not only hurt and cause pain but also make us suffer financially. There are presently seven subsidiary companies working under Berkshire Hathaway. The top 10 insurance companies hold over $8.5 trillion in total assets. (1) - Zenkyoren (National Mutual Insurance Federation of Agricultural Cooperatives) is a subsidiary of JA (Japan Agricultural Cooperatives) Group. Nice post po…if i may ask the source data of this ranking? The total asset under management was found to be at €480 billion. Founded in the year 1848 in the U.K., the company is into insurance and financial services catering to over 24 million customers spanning from Asia, America, U.K., and with a new entrant Africa. With over 86 million customers in 70 countries, it is a global leader in property and casualty insurance, life and health insurance, travel insurance, credit insurance, corporate insurance and asset management. AXA Group is the second largest international insurer with presence in 64 countries. The company also got featured in the Fortune list as the “world’s most admired companies” for consecutive six years in insurance in the healthcare sector. With a huge employee base of 77,000 employees and a customer base of 65 million people world over, the company ranks amongst the world’s 50 largest companies. In the year 2003, China Life Insurance Company got restructured as China Life Insurance Group. Having a strong customer base of over 102 million people in 56 countries of the world, with employee strength of 157000, AXA is definitely one of the leading insurance companies in the world. Prudential Financial, a US-based company, is the third largest insurer in the world in terms of total assets. With a major focus on life insurance, the company offers other products as family cover, savings, and unit linked policies. Make your own checklist and compare all the plans and policies offered by different companies before selecting one for your own. In the year 2013, AXA took a historic move by acquiring 50% acquisition of stakes of Colpatria Seguros in Colombia (Latin America). Here is a list of the top 50 largest insurance … In 2019 Allianz generated total revenue of €142 billion including gross written premiums (GWP) of €83 billion. In the same year, AXA acquired 50% stake of Tiang Ping, a property and casualty insurance company in China. The present employee strength of the company is over 55,000, catering to small, medium, large sized companies, multinational corporations, and individuals. With business spanning 30 countries in the world the company has been operating in the insurance sector since 1880. With a broad customer base of more than 70 countries and an asset of about €1.8 billion, the company offers insurance product in casualty and property, health, life insurance for both individual and corporate customers. It measures you in terms of... We provide you with the latest breaking news and videos straight from the entertainment industry. In the year 2015, the company reported a revenue profit of $157.1 billion. The group boasts of its 45,000 employee base, with its subsidiaries carrying out most of its insurance operations. You have entered an incorrect email address! National Guardian Life Insurance Co. 0.17 : 72 : Erie Family Life Insurance Co. 0.14 : 73 : Indiana Farm Bureau : 0.14 : 74 : Physicians Mutual : 0.13 : 75 : Cigna : 0.13 : 76 : American Fidelity : 0.13 : 77 : Federated Life Insurance Co. 0.12 : 78 : Alfa Life Insurance Corp. 0.12 : 79 : Boston Mutual : 0.12 : 80 : Tennessee Farmers Life Insurance Co. 0.12 : 81 : Shelter Life Insurance Co. 0.10 One of the major state-owned company in Japan is one of the largest insurance providers. Following is a list of the top insurance companies in the world ranked by total assets. 1. The company presently with its subsidiaries, operates in over 170 countries with insurance and services as its main products. All data and information provided on this site is for informational purposes only. After many in corporations and associations came in 1999 of what we presently know China Life Insurance Company. The group is one of the leading insurance providers in the healthcare sector. With about 22,308 employees worldwide, the company’s assets are estimated at £509 billion. Human life is susceptible to many kinds of risks, the risk of accident, falling ill, the risk of natural disaster, fire, the risk of life. Founded in the year 1831, in Italy, is one of the premier global insurance and financial Products Company. The Ergo Insurance Group is one of its major subsidiaries offering comprehensive insurance plans. just want to have reference on this. It is China’s largest state-owned insurance and financial service provider. The major products of Zurich Insurance Group are general insurance, global life, and farmers insurance. The company Prudential plc has now founded a position in the major stock exchanges of the world like in London, Hong Kong, Singapore, and New York. For the financial year of 2015, AXA group has been reported with a total revenue worth of €99 billion. Founded in the year 1889 with an association of Warren Buffett, Berkshire Hathaway is presently a leading investment manager company.