Which are the best insurance companies in the US? Which are the top insurers in the world? It’s difficult to say, as we can work out different lists according to different standards.
Here, we will rank the top-rated insurance companies by their annual sales. Bigger doesn't always mean better, but sometimes the revenues will indicate how popular a company is – an insurance company will gain more from this highly-competitive market if customers trust and like it.
Top Ten Insurance Companies Ratings in the World
The largest companies cover almost of all the fields in the insurance industry, including car, heath, medical, life, travel and home insurance. Some of them even monopolize the insurance business in some countries or regions. They could be also the best insurance companies to work for. Here we list the top ten insurance companies in the world. They include one US company.
- No. 10: Aegon. The Netherlands-based company had an annual sale of US$43 billion in 2009.
- No. 9: Sumitomo Life Insurance. The Japanese company made $43 billion in the fiscal year 2009 (April 1, 2010-March 31, 2010).
- No. 8: National Mutual Insurance Federation of Agricultural Cooperatives. The total revenues of this Japanese company were about $50 billion in 2010.
- No. 7: China Life Insurance. This Beijing, China-based life insurer made about $57 billion in 2010.
- No. 6: Dai-ichi Life. This Japanese company had an annual sale of about $57 billion in the fiscal year 2009.
- No. 5: State Farm Insurance. The US insurance company made about $62 billion in 2010.
- No. 4: Zurich Financial Services. The total sales of this Swiss company were about $68 billion in 2010.
- No. 3: CNP Assurances. The French insurance company made about $69 billion in 2009.
- No. 2: Nippon Life Insurance. The Japan-based insurance company made about $71 billion in the fiscal year 2009.
- No. 1: Assicurazioni Generali. The Italy-based insurance company is the largest insurance company in the world. It made more than $121 billion in 2010.
Best Ten Insurance Companies in the US
At the same time, we can also list the top ten US insurance companies by revenues. They include:
- No. 1: State Farm Insurance. As we have mentioned above, this Bloomington, Illinois-based insurance company is the largest in the US. It made about $62 billion in 2010.
- No. 2: MetLife. This NYC-based insurance company made a total of $41 billion in 2009.
- Other eight top-rated insurance companies in the US include Allstate Insurance Company, Prudential Insurance Company, Travelers Insurance Company, Fidelity Insurance Company, Farmers Insurance Company, AIG Insurance Company, MassMutual Insurance Company, and the Hartford Insurance Company.
Sources: Annual reports of the insurance companies above.
Chen Nanyang - Chen Nanyang's journalist career began in 2002 when he started writing for China's Nanfang City News, Singapore's United Morning Post and ...
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