In this article we are going to discuss the largest insurance companies in the world, based on Insider Monkey’s article. Insurance industry is among the biggest and most profitable industries in the world. Nevertheless, insurance companies has had a decline of selling by nearly a million in the last decade, from from 28.6 million to 27.7 million. Now, as the coronavirus pandemic has stricken the world, leaving behind more than 65 million cases and at least 1.5 million deaths – we can see that insurance is more vital than ever.
And now, here we are to show you three of the largest insurance companies from Insider Monkey’s list. At first, on the ninth spot, Prudential Plc (NYSE:PUK) stands. Actually, it’s the largest British insurance company and among the biggest ones in the Old Continent, Europe. It was established in 1848, its headquarter is in London having more than 24,000 employees.
Total market cap of the company (in billions of dollars): 37
Total revenue of the company in 2019(in billions of dollars): 95
Total assets of the company (in billions of dollars): 440
Total operating income of the company in 2019 (in billions of dollars): 0.8
Prudential Plc is followed by China Life Insurance, getting the seventh spot. This mammoth operates with almost 100,000 employees. China Life insurance is a state-owned company.
Total market cap of the company (in billions of dollars): 60
Total revenue of the company in 2019(in billions of dollars): 104
Total assets of the company (in billions of dollars): 536
Total operating income of the company in 2019 (in billions of dollars): 8.5
And on the fifth spot, we can find Axa. Axa is France’s largest insurance company, and is the second biggest one in Europe. It was founded more than 200 years ago, and now it operates in India Pacific Region, Middle East, North America and Western Europe. For further arresting information, please check out the entire list if the largest insurance companies in the world.
Total market cap of the company (in billions of dollars): 42
Total revenue of the company in 2019(in billions of dollars): 150
Total assets of the company (in billions of dollars): 851
Total operating income of the company in 2019 (in billions of dollars): 4
