Top 10 Global Insurance Companies

AXA is a leading French insurance company that offers life, accident, and fire insurance, along with selected retirement and financial services. Founded in 1852, the company changed its name from Compagnie du Midi to AXA in January 1991. After merging with UAP, it was rebranded as AXA-UAP SA in February 1997.

The company is now known simply as AXA. It operates mainly in Europe, North America, and the Asia-Pacific region, with a smaller presence in areas like the Middle East, Latin America, and Africa. AXA is one of the largest insurance companies in the world, with over 50 subsidiaries globally, and more than half of its income comes from U.S.-based operations.

In 2016, AXA remained the world's top insurance brand for the eighth consecutive year, with AXA Group ranking as the largest insurance group globally, holding assets worth 893 billion EUR. It is also the ninth largest asset manager globally, with 1.429 trillion EUR in assets under management.

Website: https://www.axa.com/

Allianz was founded in Berlin, Germany, in 1890 by insurance expert Carl Thieme (who also established Munich Re in 1880) and banker Wilhelm Finck. With an initial capital of 4 million marks, Thieme and Finck registered Allianz with the Berlin Commercial Court on February 5. Initially, it was established as a company specializing in accident and transport insurance.

Today, Allianz is known as one of the largest financial services providers globally. Headquartered in Munich, Germany, it is a global leader in the fields of insurance and asset management. Allianz serves 126 million private and corporate customers in over 70 countries and employs more than 155,000 people worldwide. The company offers property and casualty insurance, life and health insurance, credit insurance, travel insurance, and asset management services through various brands and subsidiaries.

Website: https://www.allianz.com/en.html

Ping An Insurance Group is a major Chinese financial conglomerate with a focus on banking, asset management, and various other sectors. The group serves nearly 90 million customers. Founded in Shenzhen, Guangdong province, in 1988, Ping An was the first joint-stock insurance company in China.

In 2006, the company expanded into the banking sector by acquiring a local bank and rebranding it as Ping An Bank. The company now employs 236,000 people and has 635,000 insurance agents. Many of the policies it promotes have not yet become mainstream trends in China.

Ping An ranks second in both life and non-life insurance markets in terms of premium revenue. One of Ping An's key strengths is its ability to offer a full range of financial services, including insurance, banking, trust services, securities, futures, and asset management. The company stands out among Chinese financial institutions for its active adoption of foreign capital.

Website: https://www.pingan.com/

MetLife traces its roots back to the founding of the National Union Life and Limb Insurance Company in 1863, providing wartime disability insurance for sailors and soldiers during the Civil War. By 1864, the company had written 17 life insurance policies and 56 accident policies.

MetLife is a global life insurance company serving approximately 100 million customers worldwide. The company operates in 40 countries across six segments: MetLife Holdings, the U.S., Asia, Latin America, EMEA (Europe, Middle East, and Africa), and Corporate & Other. In the United States, MetLife offers a range of insurance products and financial services, including life, dental, disability, property and casualty, stable value, annuities, and benefits for individuals and groups.

Globally, MetLife provides life, health, dental, accident, and credit insurance products for both individuals and groups. It also offers annuities, estate planning services, and retirement and savings products.

Website: https://www.metlife.com/

AIA Group Ltd (AIA) is a leading life insurance group offering a range of services, including life insurance, health coverage, accident protection, critical illness coverage, disability protection, as well as savings and investment plans for individuals. The group also provides credit insurance, retirement savings, and employee benefits plans for corporate clients. AIA markets its products and services through an extensive network of partners, agents, and employees.

AIA Group is the largest publicly listed life insurance and securities group in the Asia-Pacific region. AIA operates across the region through subsidiaries and branches, offering a wide range of products and services. The group is known not only for its diversity in offerings but also for its numerous awards and recognitions in the insurance sector and corporate sustainability.

Continuing to grow, AIA maintains a strong financial foundation and shares its success with shareholders through regular dividend payments. AIA Group remains a key player in both the global insurance and financial sectors.

Website: https://www.aia.com/en

Cigna is a renowned global insurance provider that offers services to individuals and families living abroad in over 200 countries worldwide. Their mission is to enhance the health, well-being, and peace of mind of the people they serve. Cigna’s international health programs are comprehensive, flexible, and designed to meet all of your needs. The plans are customizable, allowing you to select and only pay for the coverage you need.

Cigna's goal is to offer integrated solutions that improve the quality of life and health for their clients. With a customer-centric focus and a commitment to innovation, Cigna goes beyond covering medical expenses to provide diverse solutions for managing and improving health.

In addition, Cigna is actively involved in social and community activities, supporting and creating positive value in the communities where they operate. This positions Cigna not only as an insurance provider but as a trusted and proactive partner in advancing global healthcare systems.

Website: https://www.cigna.com/

American International Group Inc (AIG) is a global multi-sector insurance conglomerate offering a wide range of life insurance, property and casualty coverage, retirement products, and other financial services to both individuals and businesses.

The company provides insurance products for general liability, directors and officers, property, workers’ compensation, marine, aerospace, environmental, commercial auto liability, term life, universal life, fidelity, trust liability, cyber risks, and errors & omissions.

AIG also offers political risk, accident and health, personal auto, travel insurance, and both individual and group retirement products. The group markets and distributes its products through brokers, independent agents, captive agents, strategic partners, retailers, airlines, and travel agencies. AIG operates across the Americas, Europe, Africa, the Middle East, and the Asia-Pacific region. Headquartered in New York, USA, AIG is a key player in the global insurance and financial sector, with diverse roles and significant influence in the industry.

Website: https://www.aig.com/home

UnitedHealth Group is a diverse healthcare company offering a wide range of healthcare services and products through two distinct platforms: UnitedHealthcare and Optum. UnitedHealthcare provides health insurance and benefits services, while Optum offers medical support services, including information technology solutions.

The company offers health insurance, medical plans, short-term health coverage, and healthcare plans for individuals and families. It also provides health management and global health solutions for employers, healthcare networks, and more. UnitedHealth Group operates its Optum and UnitedHealthcare platforms to deliver comprehensive healthcare services.

UnitedHealth Group is the largest health insurance company in the U.S. by revenue. This healthcare giant employs over 125,000 people and partners with 1.3 million doctors, specialists, and 6,500 hospitals nationwide to ensure its customers receive the care they need.

Website: https://www.unitedhealthgroup.com/

China Life Insurance Company Limited is a leading provider of insurance solutions and investment services. Its product portfolio includes individual life insurance, group life insurance, personal accident insurance, individual health insurance, annuities, travel insurance, and investment protection plans.

Additionally, China Life offers a range of value-added services, such as first aid, hospital discounts, medical consultations, and electronic information. The company distributes its products through an extensive network of agents, brokers, financial advisors, and banking partners. Founded in Beijing and headquartered in Taipei, Taiwan, China Life is one of the largest life insurance providers in the country.

As one of the largest institutional investors in China, the company has become a major player in asset management through its controlling stake in China Life Asset Management Company Limited. It also holds a controlling interest in China Life Pension Company Limited.

Website: https://www.chinalife.com.cn/chinalife/index/

Zurich Insurance Group Ltd is a global provider of multi-line insurance products and services. It offers a wide range of general and life insurance products for individuals, small to medium-sized businesses, large enterprises, and multinational corporations.

Zurich provides retirement planning solutions for individual clients and offers property and casualty insurance, specialized products, as well as accident and health insurance for small and medium-sized businesses.

Additionally, Zurich Insurance extends corporate and life insurance plans, retirement solutions, claims management, and risk technical services to large global corporations. The group, along with its subsidiaries and branch offices, operates across Europe, North America, Latin America, Asia-Pacific, the Middle East, and Africa. Zurich Insurance is headquartered in Zurich, Switzerland.

Website: https://www.zurich.com/