List of largest insurance companies

These are lists of the insurance companies in the world, as measured by total non-banking assets and by net premiums written.

By assets edit

The list is based on the 2023 report of the 25 largest insurance companies in the world by 2021 assets from AM Best.[1]

Rank Company Country Total assets
(US$ Billion)
1 Allianz   Germany 1,247.2
2 Berkshire Hathaway   United States 958.8
3 Prudential Financial   United States 937.6
4 Ping An Insurance   China 937.0
5 China Life Insurance   China 900.5
6 Axa   France 846.3
7 Legal & General   United Kingdom 786.1
8 MetLife   United States 759.7
9 Nippon Life   Japan 725.0
10 Manulife Financial   Canada 718.1
11 Assicurazioni Generali   Italy 663.9
12 American International Group   United States 596.1
13 Life Insurance Corporation   India 560.3
14 Japan Post Insurance   Japan 551.0
15 CNP Assurances   France 547.0
16 Dai-ichi Life   Japan 540.4
17 Aegon N.V.   Netherlands 531.0
18 Credit Agricole Assurances   France 502.7
19 Great-West Lifeco   Canada 493.4
20 Aviva   United Kingdom 483.6
21 JA Kyosai   Japan 481.7
22 Zurich Insurance Group   Switzerland 435.8
23 New York Life Insurance Company   United States 428.6
24 Meiji Yasuda Life   Japan 395.4
25 Lincoln Natl Corp   United States 387.3

By net premiums written edit

The list is based on the 2023 report of the 25 largest insurance companies in the world by 2021 net premiums written from AM Best.[1]

Rank Company Country Net premiums written
(US$ Billion)
1 UnitedHealth Group   United States 226.2
2 Centene Corporation   United States 120.3
3 Elevance Health   United States 117.4
4 China Life Insurance   China 115.1
5 Ping An Insurance   China 114.7
6 Kaiser Permanente   United States 106.4
7 Axa   France 95.7
8 Allianz   Germany 88.9
9 People's Insurance Company of China   China 84.5
10 Assicurazioni Generali   Italy 80.3
11 Humana   United States 79.8
12 Berkshire Hathaway   United States 71.6
13 State Farm   United States 71.1
14 Munich Re   Germany 64.7
15 CVS Health   United States 62.2
16 Life Insurance Corporation   India 56.6
17 China Pacific Insurance Company   China 53.7
18 Health Care Service Corporation   United States 46.7
19 Progressive Corporation   United States 46.4
20 The Allstate Corp   United States 45.8
21 Zurich Ins Group Ltd    Switzerland 44.8
22 HDI   Germany 44.2
23 Liberty Mutual   United States 43.7
24 Dai-ichi Life   Japan 43.4
25 Nippon Life   Japan 43.2

References edit

  1. ^ a b "World's Largest Insurance Companies—2023 Edition".