The top 20 largest insurance companies in the world, by net premiums written (NPW) and non-banking assets, have been revealed by global rating agency A.M. Best.
The A.M. Best rankings of the world’s largest global insurance companies were released in the December 31, 2018, issue of BestWeek. The rankings were based on BestLink data and additional A.M. Best research.
Without further ado, the 20 biggest insurance companies in the world by net premiums written (all in US dollars) are:
1. UnitedHealth Group Incorporated
Country of domicile: United States of America
Net premiums written: $158.5 billion
2. AXA S.A.
Country of domicile: France
Net premiums written: $104.5 billion
3. China Life Insurance (Group) Company
Country of domicile: China
Net premiums written: $97.6 billion
4. Ping An Insurance (Group) Company of China Ltd.
Country of domicile: China
Net premiums written: $90.3 billion
5. Allianz SE
Country of domicile: Germany
Net premiums written: $86.8 billion
6. Anthem, Inc.
Country of domicile: United States of America
Net premiums written: $84.2 billion
7. Kaiser Foundation Group of Health Plans
Country of domicile: United States of America
Net premiums written: $83.6 billion
8. Assicurazioni Generali S.p.A.
Country of domicile: Italy
Net premiums written: $77.5 billion
9. State Farm Group
Country of domicile: United States of America
Net premiums written: $69.9 billion
10. People’s Insurance Company (Group) of China Ltd.
Country of domicile: China
Net premiums written: $68.9 billion
11. Berkshire Hathaway Inc.
Country of domicile: United States of America
Net premiums written: $62.2 billion
12. Munich Reinsurance Company
Country of domicile: Germany
Net premiums written: $57 billion
13. Prudential plc
Country of domicile: United Kingdom
Net premiums written: $56.6 billion
14. Aetna Inc.
Country of domicile: United States of America
Net premiums written: $53.9 billion
15. Humana Inc.
Country of domicile: United States of America
Net premiums written: $52.4 billion
16. Nippon Life Insurance Company
Country of domicile: Japan
Net premiums written: $50.6 billion
17. Life Insurance Corporation of India
Country of domicile: India
Net premiums written: $48.9 billion
18. Centene Corporation
Country of domicile: United States of America
Net premiums written: $46.1 billion
19. Dai-ichi Life Holdings, Inc.
Country of domicile: Japan
Net premiums written: $46 billion
20. National Mutual Insurance Federal Agricultural Cooperation
Country of domicile: Japan
Net premiums written: $45.2 billion
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