Best Insurance Companies In The World 2016[Global Basis]

Insurance helps us to do exactly what this quote suggests. We all face many kinds of risks: risk of meeting with an accident, falling sick, being a victim of a natural disaster or fire, and above all risk of life. All these risks not only come with pain and suffering but also hurt financially. Insurance is one way of being prepared for the worst; it offers the surety that the economic part of the pain will be taken care of. In this article, we take a look at some of the top insurance companies. There are many criteria on the basis of which such a list can be prepared: premium collections, market capitalization, revenue, profit, geographical area, assets and more.The following list focuses on a number of factors and the insurance companies on it are in no particular order.

Allianz Insurance

Allianz is a German financial services company with over 147,000 employees offering services to 80 million customers in 70 plus countries. The multinational corporation is one of leading German insurance firm holding market with $76 Billion around world, considered as one of best insurance company in the world. Allianz personal insurance include Life insurance, Health insurance, Motor insurance, family insurance and home insurance while it also serves small, medium and large sized corporation by providing credit insurance, asset management plans and firm related other insurance policies.
Visitallianz.com

MetLife

MetLife is another largest multinational insurance giant headquartered in New York which provides insurance, employee benefit programs and annuities, has nearly 66,000 employees in more than 60 countries. MetLife is leading firm in United States, Japan, Latin America, Europe, Asia’s Pacific region, and the Middle East, enlisted in the top best insurance companies following its specialized and elite plans for its customers. The firm is offering Life insurance, Accident insurance, health insurance, Credit insurance, Disability income insurance, Auto insurance and Home insurance with total equity of about $63 Billion.

Visitmetlife.com

Berkshire Hathaway Insurance

The multinational conglomerate American based Berkshire Hathaway has its headquarters in United States, Omaha and Nebraska, has nearly 302,000 employees. About $ 224 billion market capitalization made it the largest global corporation owned BNSF, Helzberg Diamonds, Lubrizol, Dairy Queen, Flight Safety International, GEICO and NetJets. The company has private and public insurance policies to attract the maximum customer with easy and reliable claim procedures adding it into the list of top best insurance companiesin the world.

www.bhtp.com/

China life Insurance

China Life Insurance Group has headquarter in Beijing, that offers life insurance, property & casualty insurance, pension plans, asset management, and industrial investment, also provides participating and non-participating life insurance and annuities to individuals. Thefirst insurance company triple-listed in New York, Hong Kong and Shanghai, it is one of the leading firm in world with respect to its market share which is more $80 Billion. The exclusive customized plans, policies and efficient claims responses enable China life Insurance to stand among the topbest insurance companiesin the world.

Visit chinalife.com

AXA

With over 102 million customers in 56 countries and an employee base of 157,000, AXA is one of the world's leading insurance groups. Its main businesses are property and casualty insurance,life insurance, saving and asset management. Its origin goes back to 1817 when several insurance companies merged to create AXA. The company is headquartered in Paris and has a presence across Africa, North America, Central and South America, Asia Pacific, Europe and the Middle East.
In 2013, AXA as a move to increase its foothold in Latin America acquired 51% of the insurance operations of Colpatria Seguros in Colombia. During the same year, AXA became the largest international insurer operating in China as a result of its 50% acquisition of Tian Ping (a Chinese property and casualty insurer). In addition, the company acquired the non-life insurance operations of HSBC in Mexico. The AXA Group reported total revenues of €99 billion for fiscal year 2015.

Visit axa.com

Zurich Insurance Group

Zurich Insurance Group, a Switzerland-headquartered global insurance company, was founded in 1872. Zurich Group, together with its subsidiaries, operates in more than 170 countries, providing insurance products and services. The core businesses of Zurich include generalinsurance, global life and farmers insurance. With its employee strength of over 55,000, Zurich caters to the vast insurance needs of individuals and businesses of all sizes: small, mid-sized and large-sized companies and evenmultinational corporations.

Visit zurich.com

Prudential plc Prudential plc

(PUK) is an insurance and financial services brand with operations catering to 24 million customers across Asia, the U.S., the U.K and most recently Africa. Prudential was founded in United Kingdom in 1848. Prudential Corporation Asia, Prudential U.K., Jackson National Life Insurance Company and M&G Investments are the main businesses within the group. Jackson is a prominent insurance company in the United States, while Prudential U.K. is one of the leading providers of pension and life.
Prudential plc is listed on the stock exchanges of London, Hong Kong, Singapore and New York. It has approximately 22,308 employees worldwide, with assets under management worth £509 billion.

Visit prudential.com

United Heath Group

The United Health Group Inc. (UNH) tops the list of diversified health care businesses in the United States. Its two business platforms - United Health care for health benefits and Optum for health services - work together, serving more than 85 million people in every U.S. state and 125 countries. The United Health Group uses its experience and resources in clinical care to improve the performance of the health care services sector.
The company reported revenue of $157.1 billion in 2015. Fortune has featured United Health Group as the "World’s Most Admired Company" in the insurance and managed care sector six years in a row.

Visit unitedhealthgroup.com

Assicurazioni Generali S.p.A.

Assicurazioni Generali, founded in 1831, is the Assicurazioni Generali Group’sparent company. The Generali Group is not only amarket leaderin Italy, but is also counted asa prominent player in the field of global insurance and financial products. The group, with a presence in more than 60 countries, is an international brand with dominance in Western, Central and Eastern Europe. The Generali Group’s prime focus has been life insurance, offering diverse products from family protection and savings polices to unit-linked insurance plans. It offers an equally diverse range of products in the non-lifesegmentas well, such as coverage of car, home, accident, and health, along with coverage of commercial and industrial risk.
The group has 77,000 employees and a client base of 65 million people worldwide. It has €480 billionin assets under management and is one of the world's 50 largest companies.

Visit generali.com

Japan Post Holding Co., Ltd.

The Japan Post Holding Co., Ltd. is amajor state-owned conglomerate in Japan. The company has four primary divisions: Japan Post Service (for mail delivery), Japan Post Network (runs the post offices),Japan Post Bank (deals with banking functions), and Japan Post Insurance (provides life insurance). Japan Post Insurance operates within Japan Post Holding to provide insurance to its clients. The insurance arm makes use of the post offices nation wide network, in addition to its own sales offices, to reach out and provide services to the clients.
Japan Post Holding, which went public in 2015, reported consolidated after-tax profits of $3.84 billion from April through December of 2015. The group runs the largest insurer in Japan (Japan Post Insurance).

Visit japanpost.jp/en/

Munich Re Group

Founded in 1880, Munich Re Group operates in all lines of insurance and has a presence in 30 countries, with focus a on Asia and Europe. The company’s primary insurance operations are carried out by it ssubsidiary, ERGO Insurance Group, which offers a comprehensive rangeof insurance, services and provision.Munich Re Group's home market is Germany, where ERGO is a leader in all areas of insurance. The group's newest arm, Munich Health, parlays the group’s risk-management and insurance expertise into the health care field.
The group has around 45,000 employees worldwide, working in all businesses of insurance: life reinsurance, health reinsurance, accident reinsurance, liability business, motor reinsurance, property-casualty business, marine reinsurance, aviation reinsurance and fire reinsurance. The Munich Re Group reported a profit of €3.1 billionin 2015.

Visit munichre.com