Top 10 insurance companies in world

10 Biggest Insurance Companies

Top 10 insurance companies 

#1 Berkshire Hathaway (BRK. A)

#2 Ping An Insurance (Group) Co. of China Ltd. (PNGAY)

#3 AXA SA (AXAHY)

#4 China Life Insurance Co. Ltd.

#5 Allianz SE (ALIZY)

#6 Assicurazioni Generali (ARZGY)

#7 The People's Insurance Co. (Group) of China Ltd.

#8 Aviva PLC (AVVIY)

#9 Legal & General Group PLC (LGGNY)

#10 Prudential PLC (PUK)

These are the 10 biggest insurance companies by 12-month trailing revenue. This list is limited to companies that are publicly traded in the U.S. or Canada, either directly or through ADRs. 

Insurance companies offer policies offering coverage for losses related to accidents, health, property, homeownership, professional liability, malpractice, and casualty, among other areas.

1. Some companies outside the U.S. report profits semi-annually instead of quarterly.
2. The 12-month trailing data may be older than it is for companies that report quarterly. 
3. Data is courtesy of YCharts.com.

Insurance companies provide risk management to individuals, businesses, and institutional clients through contracts. Although there are a multitude of different types of insurance companies, the basic principle is that the insurer guarantees payment or reimbursement in the event of losses for the insured. Thanks to pooled risk, insurers historically have been able to offer clients affordable rates in many cases. 

1. Berkshire Hathaway (BRK.A)

Net Income (TTM): $35.8 billion

Exchange: New York Stock Exchange

Revenue (TTM): $279.2 billion

1-Year Trailing Total Return: 3.3%

Market Cap: $549.0 billion

Berkshire Hathaway Inc. is an American multinational conglomerate holding company headquartered in Omaha, Nebraska, United States.

2. Ping An Insurance (Group) Co. of China Ltd. (PNGAY)

Market Cap: $230.8 billion

Exchange: OTC

Revenue (TTM): $155.0 billion

1-Year Trailing Total Return: 9.0%

Net Income (TTM): $17.5 billion

Ping An Insurance known also as Ping An of China, full name Ping An Insurance Company of China, Ltd. is a Chinese holding conglomerate whose subsidiaries mainly deal with insurance, banking, asset management, financial services, healthcare, auto services and smart city.

3. AXA SA (AXAHY)

Net Income (TTM): $3.3 billion

Exchange: OTC

Market Cap: $55.7 billion

1-Year Trailing Total Return: -9.1%

Revenue (TTM): $112.4 billion

Axa S.A. is a French multinational insurance company. The head office is in the 8th arrondissement of Paris, France. It also provides investment management and other financial services.

4. China Life Insurance Co. Ltd. (LFC)

Exchange: New York Stock Exchange

Net Income (TTM): $7.2 billion

Market Cap: $64.0 billion

1-Year Trailing Total Return: -9.0%

Revenue (TTM): $111.1 billion

Stock analysis for China Life Insurance Co Ltd (LFC) including stock price, stock chart, company news, key statistics, fundamentals and company profile.

5. Allianz SE (ALIZY)

Net Income (TTM): $7.7 billion

Exchange: OTC

Market Cap: $98.0 billion

1-Year Trailing Total Return: -3.4%

Revenue (TTM): $97.5 billion

Allianz is a German multinational financial services company headquartered in Munich, Germany. Its core businesses are insurance and asset management. The company is one of the world's largest insurers and financial services groups. The company is a component of the Euro Stoxx 50 stock market index.

6. Assicurazioni Generali (ARZGY)

Net Income (TTM): $1.8 billion

Exchange: OTC

Market Cap: $28.5 billion

1-Year Trailing Total Return: 3.9%

Revenue (TTM): $86.6 billion

Complete Assicurazioni Generali S.p.A. ADR stock information by Barron's. View real-time ARZGY stock price and news, along with industry-best analysis.

7. The People's Insurance Co. (Group) of China Ltd. (PINXY)

Net Income (TTM): $4.0 billion

Exchange: OTC

Market Cap: $14.9 billion

1-Year Trailing Total Return: 7.0%

Revenue (TTM): $85.5 billion

PINXY | A complete PINXY overview by MarketWatch. View the latest market news and prices, and trading information. 

8. Aviva PLC (AVVIY)

Net Income (TTM): $2.9 billion

Exchange: OTC

Market Cap: $18.8 billion

1-Year Trailing Total Return: 8.5%

Revenue (TTM): $46.9 billion

Out to save, invest, start a pension or want to learn your retirement options? Let the UK's biggest insurance firm (15 million customers strong) quote you, now.

9. Legal & General Group PLC (LGGNY)

Revenue (TTM): $45.2 billion

Exchange: OTC

Net Income (TTM): $1.6 billion

Market Cap: $21.8 billion

1-Year Trailing Total Return: 0.9%

Revenue (TTM): $45.2 billion

Legal & General Group plc, commonly known as Legal & General, is a British multinational financial services and asset management company headquartered in London, England. Its products and services include investment management, lifetime mortgages, pensions, annuities, and life assurance.

10. Prudential PLC (PUK)

Net Income (TTM): -$0.7 billion

Exchange: New York Stock Exchange

Market Cap: $49.9 billion

1-Year Trailing Total Return: 6.4%

Revenue (TTM): $35.1 billion

Prudential plc is a British multinational insurance company headquartered in London, England. It was founded in London in May 1848 to provide loans to professional and working people.

Warning : Some of the stocks below are only traded over-the-counter (OTC) in the U.S., not on exchanges. Trading OTC stocks often carries higher trading costs than trading stocks on exchanges. This can lower or even outweigh potential returns.