Monday 19th February 2018

The Biggest Insurance Company in the World

The Biggest Insurance Company in the World

Insurance is one of the financial products that provide protection over the risks that may occur at any time. Now many companies offering insurance both from within and outside the country.

From a number of the world’s largest insurance companies, it turns out that almost all have representatives in Indonesia. Because of the insurance program is a long term financial goals, it would be better if you select the insurance services of insurance companies are the obvious quality and quality as well as meet the required criteria.

To make it easy for you to select the right insurance company, the following information about the 10 largest insurance companies in the world to help in choosing the appropriate insurance.

1. AXA

Country Of Origin: France

Founded: 1817

Head Office: Paris

Key Figures: Thomas Buberl

Revenues: €98.53 billion (2015)

Total assets: €887.07 billion (2015)

AXA currently has more than 102 million subscribers spread over 56 countries and included in the list of the world’s largest insurance company. Its core business around the property, life insurance, accident insurance, storage, and asset management. In 2013, AXA acquires 51% of the insurance company Seguros Colpatria in Colombia. Still in the same year, AXA managed acquires 50% of assets of China’s insurance company, namely Tian Ping.

2. Zurich Insurance Group

Country Of Origin: Switzerland

Year established: 1872

Head Office: Zurich

Key figures: Tom de Swaan, Mario Greco

Revenue: US $67,245 billion

Total assets: US $382,679 billion

Zurich Insurance Group now operates in 107 countries with a primary focus on services and insurance. Zurich Business Insurance Group focused on insurance in General and insurance for farmers. The insurance company currently has over 55,000 workers who are ready to serve its customers. Ranging from individuals to small and large businesses, even multinational.

3. China Life Insurance

Country Of Origin: China

Year established: 1949

Head Office: Beijing

Key Figures: Lin Dairen, The Minsheng

Income:-

Total assets: US $362,1 billion (2015)

The insurance company is experiencing a restructuring year of 2003 and currently has seven subsidiaries. Its core business is life insurance, asset management, property and investments. Currently China Life Insurance has been listed on the New York Stock Exchange, Hong Kong, and Shanghai, making this the largest insurance company in the world based on its market.

4. Berkshire Hathaway

Country Of Origin: United States

Founded: 1839

Headquarters: Omaha, Nebraska, United States

Key Figures: Warren Buffet, Charlie Munger

Revenue: US $223,60 billion (2016)

Total assets: US $620,85 billion (2016)

Initially, Berkshire Hathaway is not of this time. However, thanks to Warren Buffet, the company could be transformed into a highly developed as it is now. Insurance company excels in handling the investment conglomerate and also sectors, such as transport, energy and services.

5. Prudential

Country Of Origin: United Kingdom

Founded: 1848

Head Office: London

Key Figures: Paul Manduca

Revenues: £71.842 billion (2016)

Total Assets:-

Prudential currently has a huge market in Asian countries, the United Kingdom, and the countries of Africa. Prudential plc is already listed on the London Stock Exchange, Hong Kong, Singapore, and New York and has about 24 million people.




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