Insurance firms provide risk management through contracts to entities, companies, and institutional customers.
Although there are several types of insurance providers, the fundamental concept is that in the event of damages the insurer guarantees payment and repayment.
Because of the combined risk, insurers have in many cases generally been able to provide consumers with competitive rates.
Insurance firms provide coverage of damages, including accident, health, land, property, occupational liability, malpractice, and injury.
What are the 10 leading 12-month trailing insurance providers? This list is restricted to companies traded publicly, directly or by ADRs, in the U.S. or Canada.
Some businesses outside the United States report semi-annually rather than quarterly earnings, so trailing data for 12 months can be higher than those for insurance companies reporting each quarter. All figures as of Jan. 21, 2021, are courtesy of the data from YCharts.com.1.
Top 10 Insurance Companies
1. Hathaway Berkshire (BRK.A)
- $279.2 billion in sales (TTM)
- TTM: $35.8 billion Net sales
- Cap Market: 549.0 billion dollars
- Full return of 1-year trailing: 3.3%
- Bursary: New York Stock Bursary
Berkshire Hathaway Inc. is one of the largest insurance firms in the world, also holding companies in the fields of rail transport, utilities and electricity, industry, logistics, and retail services. Berkshire Hathaway Inc. Berkshire offers primary and reinsurance insurance and risk reinsurance from firms including GEICO, Berkshire Hathaway Reinsurance Agency, Berkshire Hathaway Primary Group, General Re, National Indemnity Firm, and several others.
2. Chinese Ltd. Ping An Insurance (Group) co. (PNGAY)
- $155.0 billion Sales (TTM)
- TTM: $17.5 billion in net sales
- Cap Market: 230,8 billion dollars
- Complete Return of 1-year trailer: 9.0%
- Bursary: OTC
Ping An Insurance mainly covers insurance, finance, and banking. It is one of the top 50 Shanghai Stock Exchange companies 2 established in 1988 and was the first joint-share insurance firm in China. China is one of the world's biggest companies. Ping An Life, Ping An Property & Castle, Ping An Annuity, and Ping An Wellbeing, among many others, are part of its subsidiaries.
3. AXA Ltd. (AXAHY)
- $112.4 billion in sales (TTM)
- Net Revenue: 3.3 billion dollars.
- $55.7 billion market cap:
- Total return of 1-year trailing: -9,1%
- Bursary: OTC
AXA is one of the industry leaders in home and mortgage insurance, life insurance, savings, and property maintenance insurance firms. In the 1990s, several insurance undertakings fused to build AXA. In all big global markets, it does business.
4. Life Insurance Co. China Life Co. Ltd. Limited (LFC)
- $111.1 billion in Sales (TTM):
- TTM: 7.2 billion dollars in total sales
- Cap Market: 64.0 billion US dollars
- Total Return of 1-Year Trailing: -9.0%
- Bursary: New York Stock Bursary
As a major foreign investor in the Chinese stock market, China Life is one of the biggest state-owned insurance and financial service firms on the mainland. In 1949, the year in which the People's Republic was formed in China, the corporation was established. Today the company consists of several businesses including life insurance, pension plans, property and casualty management, and securities holdings.
5. Allianz SE (ALIZY)
- $97.5 billion in sales (TTM);
- TTM: $7.7 trillion in net sales
- Cap Market: 98.0 billion dollars
- Absolute return for 1-year trailing: 3.4%
- Bursary: OTC
Allianz is a market leader in financial markets offering insurance and wealth management products and services. It delivers insurance products for corporate and private clients, from property and victim policy to health and life insurance. The business has a German office.
6. Assicurazioni Generali (ARZGY)
- $86.6 billion in sales (TTM)
- Net Sales (NR): 1.8 billion dollars.
- $28.5 billion Market Cap.
- Complete return for a 1-year trial: 3.9%
- Bursary: OTC
Assicurazioni Generali is a worldwide insurance company with its headquarters in Italy. The firm has a number of policies including life, non-life, and reinsurance. While there is a large part of the market in Europe of Assicurazioni Generali, its presence is increasing in Asia and Latin America.
7. The People's Insurance Co. (Group) of China Ltd. (PINXY)
- $85.5 billion in taxes (TTM)
- Net Sales (TTM): 4.0 billion dollars.
- Cap: 14.9 billion US dollars
- Max return 1-year-old trailing: 7,0%
- Bursary: OTC
The People's insurance co. owned several branches that supply property, life, pension, medical insurance, and numerous other offerings, with the Chinese central government as its majority shareholder. The People's Insurance Co. The business also provides programs including wealth management.
8. Aviva PLC (AVVIY)
- $46.9 billion in sales (TTM)
- TTM: $2.9 billion in net sales.
- $18.8 Billion Market Cap:
- Absolute return for 1-year trailing: 8,5%
- Bursary: OTC
Aviva is an insurance company based in the United Kingdom which offers a variety of services for transportation, aviation, marine, fire, power supplied, and life insurance products. The UK's Life and Insurance companies are the leaders in the UK domestic market3
9. Legal & General Group PLC (LGGNY)
- $45.2 billion in revenue (TTM)
- TTM: $1.6 billion in net revenue
- $21.8 Billion Market Cap
- Total return: 1-year trailing: 0.9%
- Bursary: OTC
The Legal & General Group is an insurance and financial services company based in London. It provides a range of asset management, retirement, savings, and general insurance products with a worldwide customer base.
10. Prudential PLC (PUK)
- $35.1 billion in revenue (TTM).
- Net Revenue (TTM): -0.7 billion dollars
- Cap: 49.9 billion dollars
- Total return for 1-year trailing: 6.4%
- Bursary: New York Stock Bursary
Prudential PLC is a UK-based insurance and investment services company offering a range of services including pensions, equity, mortgage, and other financial services, including life, health, accident, property, and death insurance policies. Customers in all major world markets, including in the UK, are also supported by Prudential's home industry.
Top 10 Biggest Insurance Compies in TheWorld
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