Forbes 2023: Top 20 largest insurance companies in the world
The leading insurer, UnitedHealth Group, moved up seven places to 15th in 2022. Ping An Insurance Group, the list's second-largest insurer, jumped one place to 16th.
Allianz, the third largest insurance company, is ranked 37th largest in the world.
Reinsurers Munich Re and Berkshire Hathaway, big names in the insurance industry, are ranked 114th and 338th in the Forbes 2023 report.
Read also | World's largest reinsurers
Ranking of the 20 largest insurance companies according to Forbes
In billions USD
Rank | Company | Global ranking | Country | Class of business | Turnover | Profits | Assets | Market value |
---|---|---|---|---|---|---|---|---|
1 | UnitedHealth Group | 15 | United States | Life and health | 335.94 | 20.7 | 283.68 | 460.19 |
2 | Ping An Insurance Group | 16 | China | Life and non-life | 166.37 | 12.64 | 1598.49 | 138.56 |
3 | Allianz | 37 | Germany | Life and non-life | 134.26 | 7.08 | 1 139.49 | 95.45 |
4 | AXA Group | 48 | France | Life and non-life | 110.92 | 6.83 | 701.25 | 70.07 |
5 | China Life Insurance | 62 | China | Life and health | 124.43 | 4.87 | 754.95 | 55.83 |
6 | Cigna | 68 | United States | Life and health | 182.8 | 6.75 | 142.69 | 77.45 |
7 | Elevance Health | 78 | United States | Health | 160.67 | 6.21 | 109.04 | 110.11 |
8 | Zurich Insurance Group | 106 | Switzerland | Life and non-life | 41.89 | 4.61 | 352.12 | 70.97 |
9 | Chubb | 112 | Switzerland | Non-life | 44.7 | 5.23 | 179.83 | 82.39 |
10 | Munich Re | 114 | Germany | Life and non-life | 79.52 | 3.61 | 324.75 | 51.22 |
11 | American International Group | 123 | United States | Life and non-life | 51.42 | 6.05 | 463.77 | 39.49 |
12 | Generali Group | 152 | Italy | Life and non-life | 91.78 | 3.06 | 552.89 | 31.51 |
13 | China Pacific Insurance | 156 | China | Life and non-life | 68.07 | 4.16 | 300.52 | 31.02 |
14 | MetLife | 169 | United States | Life and non-life | 69.53 | 1.95 | 674.27 | 41.86 |
15 | Tokio Marine Holdings | 193 | Japan | Life and non-life | 48.67 | 2.42 | 216.93 | 39.82 |
16 | ING Group | 200 | Netherlands | Life and non-life | 19.51 | 3.86 | 1032.9 | 43.32 |
17 | Humana | 201 | United States | Health | 95.64 | 3.12 | 54.78 | 66.85 |
18 | Travelers | 222 | United States | Non-life | 37.79 | 2.78 | 108.9 | 42.11 |
19 | Sun Life Financial | 250 | Canada | Life | 31.56 | 2.4 | 240.68 | 28.42 |
20 | Centene | 259 | United States | Health | 146.25 | 1.48 | 82.98 | 37.53 |
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Wed, 28/06/2023 - 14:29
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