Forbes 2022: Top 20 largest insurance companies in the world
Ping An Insurance Group, the leading insurer, dropped eleven places in 2021 to the 17th position. UnitedHealth Group, the second largest insurer on the list, fell one spot to 22nd.
Allianz, the third largest insurance company, ranked 35th largest in the world.
Reinsurer Munich Re was listed 156th in the Forbes 2022 report. Berkshire Hathaway, a well-known insurance company, was listed as the world's top company.
* Munich Re (reinsurer) and Berkshire (ranked in the "investment and services" category) do not ap-pear in the ranking of insurers.
Read also | World's largest reinsurers in 2021
Ranking of the 20 largest insurance companies according to Forbes
In billions USD
Ranking | Company | Global ranking | Country | Class of business | Turnover | Profits | Assets | Market value |
---|---|---|---|---|---|---|---|---|
1 | Ping An Insurance Group | 17 | China | Life and non-life | 181.37 | 15.74 | 1 587.11 | 121.69 |
2 | UnitedHealth Group | 22 | United States | Life and health | 297.55 | 17.45 | 221.24 | 490.15 |
3 | Allianz | 35 | Germany | Life and non-life | 138.62 | 7.81 | 1 324.62 | 96.42 |
4 | AXA Group | 48 | France | Life and non-life | 145.19 | 8.39 | 839.85 | 65.75 |
5 | China Life Insurance | 71 | China | Life and health | 130.5 | 7.87 | 769.88 | 43.02 |
6 | AIA Group | 73 | Hong Kong | Life and health | 45.16 | 7.43 | 334.88 | 120.19 |
7 | MetLife | 74 | United States | Life and non-life | 71.08 | 6.55 | 759.71 | 57.39 |
8 | Zurich Insurance Group | 80 | Switzerland | Life and non-life | 69.58 | 5.21 | 410.15 | 69.22 |
9 | Cigna | 84 | United States | Life and health | 174.27 | 5.37 | 151.02 | 81.21 |
10 | American International Group | 90 | United States | Life and non-life | 52.06 | 9.39 | 521.83 | 48.73 |
11 | Chubb | 95 | Switzerland | Non life | 40.95 | 8.54 | 181.75 | 87.31 |
12 | Manulife | 131 | Canada | Life and health | 47.17 | 5.67 | 691.18 | 39.76 |
13 | Munich Re | 156 | Germany | Life and non-life | 84.88 | 3.47 | 358.97 | 35.48 |
14 | Generali Group | 160 | Italy | Life and non-life | 102.13 | 3.37 | 664.52 | 31.36 |
15 | Tokio Marine Holdings | 178 | Japan | Life and non-life | 50.57 | 3.85 | 234.91 | 35.19 |
16 | ING Group | 183 | Netherlands | Life and non-life | 21.49 | 5.65 | 1 081.81 | 39.03 |
17 | Allstate | 203 | United States | Life and non-life | 50.59 | 5.69 | 90.66 | 36.45 |
18 | China Pacific Insurance | 208 | China | Life and non-life | 68.07 | 4.16 | 300.52 | 22.69 |
19 | Dai-ichi Life Insurance | 213 | Japan | Life | 66.73 | 4.47 | 571.45 | 19.9 |
20 | Travelers | 220 | United States | Non life | 35.31 | 3.92 | 108.59 | 41.54 |
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Tue, 28/06/2022 - 14:29
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