The world’s largest insurers
This World’s Largest Insurance Companies directory is based on research data from rating agency A.M. Best.
Listing the top insurance companies in the world, this directory provides a simple way to analyse the world’s top insurance companies by premiums underwritten and by their net assets.
The largest insurance groups in the world featured in these lists are ranked by net premiums written in 2019 and net non-banking assets. You can sort the tables by any of the headings and search it to analyse individual insurance companies.
World’s largest insurance companies by net premiums written
Insurers ranked by net premiums written in 2019.
Ranking Insurance Company Name Domicile 2019 Net premiums written (US $ 000) % change from previous year
1 UnitedHealth Group Incorporated (1) United States 189,699,000 6.52%
2 Ping An Ins (Group) Co of China Ltd. China 110,746,845 10.51%
3 AXA S.A. France 101,144,960 0.34%
4 China Life Insurance (Group) Company China 97,744,867 7.52%
5 Kaiser Foundation Group of Health Plans (2) United States 97,247,349 5.64%
6 Anthem, Inc. United States 94,730,000 11.38%
7 Allianz SE Germany 86,656,640 6.45%
8 People’s Ins Co (Group) of China Ltd. China 74,419,774 10.86%
9 Assicurazioni Generali S.p.A. Italy 74,238,080 4.49%
10 Centene Corporation (1) United States 71,714,000 25.13%
11 State Farm Group (2) United States 70,640,883 -0.74%
12 Humana Inc. (1) United States 62,948,000 14.57%
13 Berkshire Hathaway Inc. United States 62,811,000 6.07%
14 Munich Reinsurance Company Germany 54,663,840 4.49%
15 Nippon Life Insurance Company Japan 52,112,815 -6.75%
16 CVS Health Corp Group (2) United States 52,026,207 13.57%
17 Life Insurance Corporation of India India 50,491,133 12.42%
18 China Pacific Insurance (Group) Ltd. China 46,543,259 6.84%
19 Dai-ichi Life Holdings, Inc. Japan 45,314,104 -8.58%
20 Prudential plc United Kingdom 43,481,000 -2.14%
21 National Mut Ins Fed Agricultural Coop. Japan 42,580,588 -17.62%
22 MetLife, Inc. United States 42,235,000 -3.66%
23 Zurich Insurance Group Ltd. Switzerland 41,251,000 0.05%
AM Best has ranked the US’s UnitedHealth Group and Germany’s Allianz as the world’s largest insurers.
UnitedHealth Group took the top spot for the sixth straight year with $189.7 billion in net premiums written (NPW) in 2019. Meanwhile, Allianz SE and Prudential Financial jumped ahead of AXA S.A. into the first and second slots in AM Best’s ranking by 2019 non-banking assets.
The rankings are based on BestLink data and additional research, AM Best said. There was some year-over-year reshuffling in the top five slots in the non-banking ranks, while the leading five NPW companies retained their slots from the previous year.
The top 10 global insurers by 2019 NPW are:
UnitedHealth Group (US)
Ping An Insurance (Group) Company of China Ltd. (China)
AXA S.A. (France)
China Life Insurance (Group) Company (China)
Kaiser Foundation Group of Health Plans (US)
Allianz SE (Germany)
People’s Insurance Company (Group) of China Ltd. (China)
Assicurazioni Generali S.p.A. (Italy)
Centene Corporation (US)
International Insurance Companies
Companies Offering International Insurance
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