insurance companies Catastrophic happenings are always possible in business and other aspects of life. Wise are those who remain prepared for such risks. You must be wondering how one can prepare for such untold sudden happenings.
Let me tell you, you have to do nothing but buy insurance. Insurance is something that promises to keep you moving in case you are suffering from the natural disaster, accident or another risk.
Such risks and demands have made the insurance one of the rapidly growing business of the world. There is a huge number of insurance companies around the world however only a few are trusted and well known among people.
Here are top 8 insurance companies which have earned both name and fame around the world. this list of top 8 companies is created keeping in mind the quality of services and wide network these companies found.
The AXA: redefining insurance
The world’s leading insurance company is offering it’s best services in 56 countries around the world. The Company is believed to have 157,000 employment bases, and a 102 million customer bases, with its headquarters being in Paris.
Such a huge number of employment bases and customer bases make it one of the largest and leading insurance companies in the world.
Main Services Company provides include:
- Life insurance
- Asset management
- Saving
- Casualty insurance
Etc.
The company never compromises on quality of services it provides this is what makes it achieve annual revenue of about €100 billion.
The Zurich Insurance Group
The Zurich Insurance company emerged in 1872 and spread rapidly around the world with headquarter being in Switzerland. The company along with subsidiaries operates in near about 170 countries of the world with 55,000 employee bases.
This makes it stand at number 2 with an annual average revenue of $60 billion, in the list of top 10 leading insurance companies. Services company offers to include:
- Global life insurance
- General life insurance
- Farmers Insurance
The China Life Insurance
The China Life Insurance started its successful journey of name and fame with name Peoples Insurance Company of China in 1949. However, it was then renamed as China Life Insurance Company in 2003.
The China Life Insurance with its seven subsidiaries is the world’s largest company in terms of market capitalization.
The services The China Life Insurance provides include:
- Pension plans
- Insurance
- Property and casualty
- Asset management
- Overseas operations
- Investment holdings
The Berkshire Hathaway
The company was founded by Warren Buffet in 1889. Warren Buffet a prominent personality changed The Berkshire Hathaway into a real powerhouse and world’s leading company from a mediocre entity.
The company along with insurance also makes an investment in
- Transportation of rail
- Energy sector
- Services
- Retailing
- Manufacturing
- Utilities
- Finance
ETC.
The Berkshire Hathaway spreads its roots around the world with U.S. Liability Company, Berkshire Hathaway Primary Group, GEICO, Berkshire Hathaway Reinsurance Group, Central States Indemnity Company, Medical Protective Company, and the Applied Underwriters as its subsidiaries.
The Prudential plc:
The Prudential plc a UK based company founded in 1848, is a big name in the field of insurance and financial services working in Asia along with UK USA and Africa.
The company work under names “Jackson National Life Insurance Co”, “Prudential Corporation Asia”, and “M&G Investments” with 22,308 employees managing about £509 assets.
The United Health Group
When you are looking for insurance health and related sector the only name you will at the top is The United Health Group. The company works with two platforms:
- UnitedHealthcare refers to health benefits
- Optima provides services for business in the health sector
The United Health Group works in 125 countries around the world benefiting about 85 million people with an annual average revenue of $100 billion.
The Munich Re Group
The Munich Re Group was founded in 1880 and now has roots in 30 countries. The company has ERGO as its main subsidiary, which is responsible for its overall operations. It is mainly working in Europe and Asia.
The company employees 45,000 around the world providing the best services of
- Life reinsurance
- Health reinsurance
- Accident reinsurance
- Liability business
- Motor reinsurance
- Property-casualty business
- Marine reinsurance
- Aviation reinsurance
- Fire reinsurance
The Assicurazioni Generali S.p.A
The company was founded in 1831 and from the day first is struggling to provide the best services to the common man. The Assicurazioni Generali S.p.A having its successful roots in about 60 countries mainly focuses on Eastern, Central, and Western Europe.
The company lies at the top of the list of companies who main focus is to provide life insurance for family protection saving policies and other related concerns. Another reason the company is well known around the world is its best services in terms of non-life segments including:
- Car coverage
- Accident
- Health
- Home as well as industrial
- Commercial risk
The company forms a wide network with about 77,000 personnel employs and 65 million customer bases.
