Top 10 insurance companies in the world

There are many insurance companies around the world, but several types of research have been conducted to find the top 10 insurance companies in the world based on the profits and revenues they earn, and a list of these companies will be presented in this article.

The top ten insurance companies in the world in terms of profits and revenues are as follows:

Berkshire Hathaway

 Berkshire Hathaway is located in the United States of America, one of the world's oldest and largest insurance companies. It is also one of the companies listed on the New York Stock Exchange. Berkshire Hathaway works to provide all guarantees, documents, and contracts that guarantee the insured, whether a person or a company, to cover all losses that the insured may be exposed to. This company owns many businesses in the field of sectors and it also provides direct insurance and reinsurance it is known that this company is one of the most profitable and revenue-reaping companies.

Ping An

Ping An is the second largest insurance company in the world after Berkshire Hathaway, and it is a Chinese company with the highest brand value. This company has three subsidiaries, and these branches are:

1- Ping An Trust.

2- Ping An Bank.

3- Ping An Securities.

The company's main field of business is insurance, financial, and banking services, and Ping An is one of the top 50 companies listed on the Shanghai Stock Exchange. In addition, it is the first insurance company to contribute to China.

AXA

AXA Insurance Company occupies third place in the forefront of the world and is headquartered in France. It is one of the leading companies in the field of insurance, whether it is on property, life, or against accidents. In addition, the company works in several other fields besides insurance. The company has nearly 100 million customers from different countries.

China Life Insurance 

China Life Insurance Company ranked fourth among the top 10 insurance companies worldwide. The revenue of that company amounted to 111.1 billion dollars, and the market capitalization of the company reached 64 billion dollars, with a total net income of about 7.2 billion dollars. As confirmed by China Life Insurance Company on the New York Stock Exchange, it is one of the largest financial and securities insurance companies affiliated with the state of the country on the mainland, and a major investor is trading in the capital market.

Allianz

Allianz ranked fifth for insurance companies, with revenue of $97.5 billion, and a net income of $7.7 billion. The company's market capitalization reached $98 billion, and it was confirmed that last year's returns amounted to -3.4%. Financial Services It provides products and services from insurance to asset management, and provides accident insurance products to medical and life insurance products for corporate clients. Germany is the company's headquarters.

Assicurazioni Generali 

Assicurazioni Generali company ranked sixth among the top 10 companies around the world, and its revenue reached $86.6 billion, and its additional revenue within a year reached 3.9%. The company works to provide various products from life and non-life. in Europe and also enjoys a growing presence in Asia and America.

PINXY

PINXY Chinese company ranked seventh, and its revenue reached 85.5 billion dollars, and that company's market capitalization was 14.9 billion dollars. It was confirmed that the return for the past year amounted to 7.0%. It works to provide asset management services.

LGGNY

LGGNY company ranked ninth among the top 10 insurance companies worldwide; its revenue amounted to 45.2 billion dollars, and its market capital reached 21.8 billion dollars. This company provides a range of retirement and general insurance products, and London is that company's headquarters. 

Prudential

Prudential ranked tenth among the top 10 insurance companies around the world, and the company's revenue reached $35.1 billion, and the company's market capitalization reached $49.9 billion. London is the company's headquarters, which is an insurance and investment services company that provides products Ranging from medical insurance documents, property documents, and stock plan documents.