Top Best Insurance Companies in the World on beluga
It is no secret that insurance companies have become fairly profitable and lucrative business today. Companies that began with a small customer base have grown into one of the world’s most powerful corporate conglomerates. From taking care of the health of the average citizen and protecting their properties, to the complete financing of luxurious mansions, sports cars, or even the whole infrastructure and machinery of a huge company, there’s nothing in this world that these companies cannot cover. If you want to know which insurance companies are responsible for the welfare and care of figures such as Cristiano Ronaldo, Michael Schumacher, or Queen Elizabeth herself, in this article you’ll know them. This is the Top 20 Best Insurance Companies in the World (based on Total Assets registered until 12/31/2016):
Zurich Insurance Group (Switzerland)
This is the largest insurance company in Switzerland, founded in 1872 under the name “Versicherungs-Verein” which means “Insurance Association” in German. In 2000 it was ranked 75th in the Forbes list of the world’s largest companies and ranked 94th among Interbrand’s most famous brands. It’s estimated that it has a total of 60,000 employees around the world and offices in more than 170 countries. Its main services are 3: Farmer’s Insurance, Global Life Insurance, and General Insurance.
Total Assets: $ 382,679 Billion
China Life Insurance (China)
Chinese insurance company headquartered in Beijing, founded in 1919 as American Asiatic Underwriters. After a series of restructurings in the company, mainly driven by political, economic, and social changes in China, the company began to be called China Life Insurance in 1999. Since then, it offers services such as group life, health insurance policies, accident insurance, and individual life Insurance. It’s the only insurance company in China that is licensed to operate throughout the whole country.
Total Assets: $ 388,313 Billion
18. Dai-Ichi Life Insurance (Japan)
The third most powerful insurance company in Japan was founded in 1902. In 2010 was listed on Tokyo Stock Exchange and reached record assets of more than 1 trillion yen, reaching to exponentially multiplying its profits in just 2 years to 33 trillion yen. At present, the company continues to accumulate profits, becoming more and more powerful.
Total Assets: $ 440,186 Billion
Zurich Insurance Group (Switzerland)
Zurich Insurance Group is a global insurance company based in Switzerland. It was founded in 1872 and is now one of the largest insurance companies in the world. Zurich offers a wide range of insurance products, including property and casualty insurance, life and health insurance, and financial services. The company serves a diverse customer base, including individuals, small businesses, and large corporations.
Zurich has a strong focus on innovation and sustainability, and the company has been recognized for its efforts in these areas. The company has a strong financial foundation and has consistently received high ratings from independent rating agencies. Zurich has a global presence, with operations in more than 200 countries and territories. The company is known for its customer-centric approach and has a strong reputation in the insurance industry.
Aetna (United States)
Aetna is a large health insurance company based in the United States. It was founded in 1853 and is now a subsidiary of CVS Health Corporation. Aetna offers a range of health insurance products, including individual and group health insurance, Medicare and Medicaid plans, and employee benefits. The company also offers a variety of other health-related services, such as pharmacy benefits management, medical management, and behavioral health services.Aetna serves a diverse customer base, including individuals, families, and businesses of all sizes. The company has a strong focus on customer service and offers a variety of online tools and resources to help customers manage their health insurance plans and access healthcare services. Aetna has received high ratings from independent rating agencies for its financial stability and has a strong reputation in the health insurance industry
State Farm
State Farm is a large insurance company headquartered in Bloomington, Illinois. The company was founded in 1922 and is one of the largest property and casualty insurance companies in the United States. State Farm offers a wide range of insurance products, including auto, home, renters, life, health, and business insurance. The company also offers a variety of financial services products, such as banking, investment, and retirement planning.State Farm is known for its strong financial stability and has consistently received high ratings from independent rating agencies. The company has a large network of agents who work with customers to help them choose the insurance coverage that best meets their needs. State Farm is also known for its customer service, with a 24/7 claims center and a variety of online tools and resources to help customers manage their policies and make claims.
It’s difficult to determine the “best” insurance companies in the world, as different companies excel in different areas and may be the best choice for different individuals or businesses. Some factors that may be important to consider when choosing an insurance company include the financial stability and ratings of the company, the variety and quality of the insurance products it offers, the accessibility and helpfulness of its customer service, and the company’s reputation and track record.
Here are a few of the largest and well-known insurance companies that are headquartered in the United States:
- State Farm
- Allstate
- Progressive
- Geico
- Liberty Mutual
In addition, there are many other large insurance companies based in other countries, such as Allianz (Germany), Axa (France), and China Life (China). It’s a good idea to compare multiple insurance companies and their offerings to find the one that best meets your needs.
Here are a few more insurance companies that are well-known and operate globally:
- Aetna (United States)
- Anthem (United States)
- Aviva (United Kingdom)
- Chubb (United States)
- ING (Netherlands)
- Manulife (Canada)
- MetLife (United States)
- Munich Re (Germany)
- Swiss Re (Switzerland)
- UnitedHealth Group (United States)
It’s important to note that this is just a small sampling of the many insurance companies that are operating around the world. There are numerous other companies that may be worth considering, depending on your specific insurance needs and preferences. It’s always a good idea to research and compare multiple insurance companies before making a decision.