Japan Post Insurance Co. and Axa lead as the world’s largest insurers, while U.S. insurers barely crack the top five, according to the latest issue of BestWeek U.S./Canada.
French insurer Axa is the world’s largest insurer ranked by net premiums, and Japan Post Insurance is largest in assets with USD1.1 trillion. AXA is ranked first then second respectively on the written premiums list and the assets list.
European companies lead the assets list with 13 companies. We can find Axa, Allianz, Assicurazion and Aviva in the top 10. Japan is the country with the most companies present with 6 insurers such as Japan Post Insurance, Nippon Life Insurance and Dai-ichi Life Insurance. American companies are second most present with 5 companies such as AIG, MetLife and Prudential Financial.
In the written premiums list American companies have 9 listed, Japan 5 and the UK 4 companies.
China Life Insurance and Life Insurance Corporation of India are companies from emerging markets present only in the written premiums list.
Source : AMBest and PostOnline
|World’s Largest Insurers Ranked by Net Premiums Written1. Axa SA
2. Assicurazioni Generali SpA
3. Allianz SE
4. Japan Post Insurance Co Ltd
5. United Health Group
6. American International Group Inc
7. National Mutual Insurance Federation of Agricultural Cooperatives
8. Munich Reinsurance Co
9. WellPoint Inc
10. State Farm Group
|World’s Largest Insurers Ranked by Assets1. Japan Post Insurance Co.Ltd
2. Axa SA
3. American International Group Inc
4. Allianz SE
5. Assicurazioni Generali SpA
6. Aviva plc
7. MetLife Inc
8. Prudential Financial Inc
9. Legal & General Group plc
10. Nippon Life Insurance Co