Top 20 largest insurance companies in the world

March 17, 2025
forbes-2000

In billions USD

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RankCompanyGlobal rankingCountryClass of businessTurnoverProfitsAssetsMarket value
1Berkshire Hathaway2United StatesLife and non-life368.9673.421 070.04899.14
2UnitedHealth Group19United StatesLife and health379.4915.36284.21482.86
3Ping An Insurance Group29ChinaLife and non-life136.0711.781 654.80105.50
4Allianz31GermanyLife and non-life148.189.741 056.84113.85
5AXA Group51FranceLife and non-life109.357.57684.0481.60
6Life Insurance Corp. of India70IndiaLife and health97.984.88561.4173.63
7Elevance Health81United StatesHealth171.756.24111.89127.30
8Intesa Sanpaolo Assicura84ItalyLife and non-life42.219.121 006.1574.85
9Chubb86SwitzerlandNon-life51.739.28212.25111.37
10Cigna95United StatesLife and health204.153.62148.4596.22
11Munich Re96GermanyLife and non-life69.984.98298.0165.08
12Zurich Insurance Group98SwitzerlandLife and non-life65.434.36339.4474.90
13China Life Insurance116ChinaLife and health51.646.61818.0947.10
14American International Group131United StatesLife and non-life48.964.83475.5653.45
15Progressive137United StatesLife and non-life65.025.7988.92122.54
16Generali Group141ItalyLife and non-life74.734.05555.2742.00
17Tokio Marine Holdings149JapanLife and non-life47.954.43212.3161.76
18ING Group153NetherlandsLife and non-life24.507.891 112.2755.85
19MetLife157United StatesLife and non-life67.572.37677.5852.78
20AIA Group161Hong KongLife27.513.76278.8193.73

Source: Forbes Global 2000 (2024 edition)


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