The 20 Best Global Insurance Companies

We bring to you a comprehensive list of the top 20 global insurance companies, handpicked by our team of financial experts. This list is more than just a rundown of the biggest players in the industry, as we have considered factors beyond revenue to create a diverse and well-rounded list.

From established giants to rising stars, these companies have been selected for their innovative products, exceptional customer service, financial stability, and strong market presence. Whether you’re an experienced financial advisor looking for the best companies to partner with, or a beginner in the industry looking for inspiration, this article has something for everyone.

So, read on to discover the companies that are leading the way in the global insurance market and find out why they are worth considering for your clients.

The Top 20 Global Insurance Companies

When it comes to choosing the top 20 global insurance companies, there are a number of factors that need to be considered beyond simply their revenue. We use a variety of criteria to determine which companies are worth mentioning to financial advisors.

We look at a company’s financial stability, which includes its assets, market value, and overall financial performance. This is important because financial advisors need to be able to trust that the insurance companies they recommend to their clients are able to provide the coverage and security that their clients need.

Another important factor is the company’s reputation and brand recognition. The global insurance market is highly competitive, and companies that have established themselves as trusted and reliable insurers are more likely to attract and retain clients. This is why we prioritize companies that have a strong track record and are well-known within the industry.

Finally, we consider a company’s geographic reach and diversification. In today’s globalized world, it’s important for insurance companies to have a presence in multiple markets in order to minimize risk and maximize potential growth. This is why we prefer companies that have a strong global presence and offer a wide range of insurance products.

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Ping An Insurance Group

Leading Insurance Company In China - Ping An Insurance Group

Ping An Insurance Group, based in Shenzhen, China, is a leading insurance company with a global ranking of 17th. The company offers a range of insurance products including life and non-life insurance and has a revenue of $181.37 billion with a net profit of $15.74 billion. With assets worth $1.587 trillion and a market value of $121.69 billion, Ping An has solidified its position as a major player in the global insurance market, ranking 6th globally in 2021.

This multinational insurance group has a strong presence in the financial advising market, offering a wide range of insurance and financial services to customers worldwide. The company’s extensive portfolio, combined with its strong financial standing and innovative technology, makes it a relevant and attractive option for financial advisors and their clients alike.

Head officeShenzhen, China
Global ranking17th
Business linesLife and non-life
Revenue$181.37 billion
Net profit$15.74 billion
Assets$1.587 trillion
Market value$121.69 billion

United Health Group

Best Health Insurance Company - UnitedHealth Group

UnitedHealth Group is a Minnesota-based healthcare insurance company that is ranked 22nd globally in the financial market. The company operates in two business lines, providing both life and health insurance services. With revenue of $297.55 billion and a net profit of $17.45 billion, the company has substantial assets valued at $221.24 billion and a market value of $490.15 billion.

In 2021, UnitedHealth Group was ranked 20th globally, reflecting its significance and influence in the financial market for global advisors. The company has a reputation for providing high-quality health insurance services and has a strong presence in the global market.

Company NameUnitedHealth Group
Head OfficeMinnesota, USA
Global Ranking22nd
Business LinesLife and health
Revenue$297.55 billion
Net Profit$17.45 billion
Assets$221.24 billion
Market Value$490.15 billion


Allianz Is The Best Multinational Financial Services Company In The World

Allianz, a multinational financial services company headquartered in Munich, Germany, is ranked 35th globally in the insurance industry. The company offers both life and non-life insurance services and had a revenue of $138.62 billion, a net profit of $7.81 billion and assets of $1.324 trillion. Allianz is valued at $96.42 billion and was ranked 23rd globally in 2021.

With a strong presence in the financial services market, Allianz is a relevant player for financial advisors to consider when offering insurance services to clients. Its diverse business lines and financial stability make it a trusted option for clients seeking insurance coverage.

Head officeMunich, Germany
Global ranking35th
Business linesLife and non-life
Revenue$138.62 billion
Net profit$7.81 billion
Assets$1.324 trillion
Market value$96.42 billion

AXA Group

AXA Group Is A Best Global Insurance Company

AXA Group, headquartered in Paris, France, is a global insurance company with a current global ranking of 43rd. The company operates in both life and non-life insurance lines and generated a revenue of $117.41 billion, a net profit of $4.77 billion, and has assets worth $1.173 trillion as of 2021. The market value of the company stands at $49.34 billion, and its global ranking in 2021 was 47th.

AXA Group is a major player in the global insurance market and its financial performance and ranking make it relevant to financial advisors and their clients who are looking for investment opportunities in the insurance sector.

Head officeParis, France
Global ranking43rd
Business linesLife and non-life
Revenue$117.41 billion
Net profit$4.77 billion
Assets$1.173 trillion
Market value$49.34 billion

China Life Insurance

China Life Insurance Is One Of The Leading Insurance Company In The World

China Life Insurance is a leading insurance company headquartered in Beijing, China. With a global ranking of 44th, the company has a strong presence in the insurance market, offering a wide range of life and non-life insurance products. With revenue of $114.46 billion, net profit of $3.43 billion, and assets totaling $1.102 trillion, China Life Insurance is a significant player in the global insurance industry.

The company has a market value of $97.48 billion, making it an attractive investment option for financial advisors. In 2021, China Life Insurance was ranked 35th globally, highlighting its continued growth and success in the competitive insurance market.

Head officeBeijing, China
Global ranking44th
Business linesLife and non-life
Revenue$114.46 billion
Net profit$3.43 billion
Assets$1.102 trillion
Market value$97.48 billion


CPIC Is The Largest Insurance Company Based In Shanghai, China

CPIC is a state-owned insurance company based in Shanghai, China and it is one of the largest insurance companies in the country. It offers a wide range of insurance products including life insurance, property and casualty insurance, and health insurance.

CPIC’s significance in the global market of financial advisors is that it is a major player in the fast-growing Chinese insurance market, which is set to become one of the largest in the world. With a large and growing customer base, CPIC offers financial advisors access to a potentially lucrative market, as well as opportunities to offer insurance solutions to both individuals and businesses.

Head officeBeijing, China
Global ranking69th
Business linesLife and non-life
Revenue$61.83 billion
Net profit$2.24 billion
Assets$719.96 billion
Market value$106.32 billion
2021 global ranking50th


Prudential PLC Is The Best Multinational Life Insurance And Financial Services Company Based In London, UK

Prudential plc is a multinational life insurance and financial services company based in London, UK. It operates in several markets around the world including Asia, Europe, and the United States. Prudential is one of the largest life insurance companies in the world and is known for its strong investment portfolio and stable financial performance. For financial advisors, Prudential’s global presence and expertise in the life insurance market make it an attractive partner for offering insurance solutions to clients.

Head officeLondon, UK
Global ranking73rd
Business linesLife and non-life
Revenue$56.02 billion
Net profit$4.70 billion
Assets$826.55 billion
Market value$72.29 billion
2021 global ranking75th


Chubb Is The Best Leading Global Property And Casualty Insurance Company Based In Zurich, Switzerland

Chubb is a leading global property and casualty insurance company based in Zurich, Switzerland. It offers a broad range of insurance products including personal and commercial insurance, as well as specialty insurance. Chubb is known for its focus on providing top-quality insurance products and customer service, and is a major player in the global insurance market. Chubb’s reputation and product offerings can be valuable assets when looking to offer insurance solutions to clients.

Head officeZurich, Switzerland
Global ranking83rd
Business linesLife and non-life
Revenue$46.81 billion
Net profit$4.15 billion
Assets$219.70 billion
Market value$75.59 billion
2021 global ranking109th

Zurich Insurance Group

Zurich Insurance Group Is The Best Multinational Insurance Company

Zurich Insurance Group is a multinational insurance company based in Zurich, Switzerland. It offers a wide range of insurance products, including life insurance, property and casualty insurance, and health insurance. Zurich is one of the largest insurance companies in the world, with a strong global presence and a well-established reputation for stability and reliability. Zurich’s expertise in the insurance market and its comprehensive product offerings make it a valuable partner in offering insurance solutions to clients.

Head officeZurich, Switzerland
Global ranking92nd
Business linesLife and non-life
Revenue$43.24 billion
Net profit$3.25 billion
Assets$312.27 billion
Market value$66.02 billion
2021 global ranking88th

American International Group (AIG)

American International Group, Also Known As AIG, Is The Best Global Insurance Company

American International Group, also known as AIG, is a global insurance company that operates in over 80 countries. Founded in 1919, AIG provides a wide range of insurance products, including life insurance, property and casualty insurance, and retirement services. The company is headquartered in New York and has a presence in North America, Europe, Asia, and Latin America.

AIG is particularly relevant to the global market of financial advisors because of its extensive network of operations and wide range of products. By working with AIG, financial advisors have access to a diverse range of insurance products and services, which they can use to provide comprehensive financial planning and risk management solutions to their clients.

Head officeNew York, USA
Global ranking90th
Business linesLife and non-life
Revenue$43.52 billion
Net profit$2.89 billion
Assets$370.50 billion
Market value$81.52 billion
2021 global ranking439th


Metlife Is A Leading Global Insurance Company

MetLife is a leading global insurance company that provides life insurance, annuities, employee benefits, and asset management services. Founded in 1868, MetLife has a presence in over 50 countries and serves millions of customers worldwide. The company’s headquarters are located in New York, and it has a strong reputation for providing innovative and customer-focused insurance solutions.

MetLife is relevant to the global market of financial advisors because of its focus on delivering high-quality insurance products and services to meet the needs of its customers. The company’s broad range of offerings makes it a valuable partner for financial advisors, who can use MetLife’s products and services to create customized financial plans for their clients.

Head officeNew York, USA
Global ranking119th
Business linesLife and non-life
Revenue$61.81 billion
Net profit$3.35 billion
Assets$859.00 billion
Market value$58.25 billion
2021 global ranking104th

AIA Group

AIA Group Is A Leading Provider Of Life Insurance In The Asia-Pacific Region

AIA Group is a leading provider of life insurance, annuities, and health insurance services in the Asia-Pacific region. Founded in 1919, the company operates in 18 markets in the Asia-Pacific region and is headquartered in Hong Kong. AIA Group has a reputation for delivering innovative insurance solutions that are designed to meet the needs of its customers, and it has a strong commitment to customer service and satisfaction.

AIA Group is relevant to the global market of financial advisors because of its focus on serving the unique insurance needs of the Asia-Pacific region. The company’s extensive network of operations and wide range of products make it a valuable partner for financial advisors who are looking to serve clients in the Asia-Pacific region.

Head officeHong Kong, China
Global ranking128th
Business linesLife and non-life
Revenue$51.43 billion
Net profit$4.64 billion
Assets$636.49 billion
Market value$92.81 billion
2021 global ranking104th

Japan Post Insurance

Japan Post Insurance Is The Leading Insurance Company Based In Japan
Head officeTokyo, Japan
Global ranking137th
Business linesLife and non-life
Revenue$48.14 billion
Net profit$1.54 billion
Assets$1.822 trillion
Market value$55.86 billion
2021 global ranking156th

HSBC Holdings

HSBC Holdings Is The Leading Insurance Provider Based In London, UK
Head officeLondon, UK
Global ranking140th
Business linesLife and non-life
Revenue$47.48 billion
Net profit$7.76 billion
Assets$2.440 trillion
Market value$115.14 billion
2021 global ranking138th

Nippon Life Insurance

Nippon Life Insurance Is The Best Life Insurance Company In Japan
Head officeOsaka, Japan
Global ranking144th
Business linesLife and non-life
Revenue$45.23 billion
Net profit$3.84 billion
Assets$1.061 trillion
Market value$48.07 billion
2021 global ranking132nd


Manulife Is The Best Insurance And Investment Solutions Provider
Head officeToronto, Canada
Global ranking145th
Business linesLife and non-life
Revenue$44.66 billion
Net profit$2.37 billion
Assets$1.490 trillion
Market value$35.04 billion
2021 global ranking142nd

Prudential Financial

Prudential Financial Is One Of The Best Global Insurance Company
Head officeNew Jersey, USA
Global ranking159th
Business linesLife and non-life
Revenue$36.99 billion
Net profit$3.11 billion
Assets$731.90 billion
Market value$49.82 billion
2021 global ranking159th

Assicurazioni Generali

Assicurazioni Generali Is One Of The Largest Global Insurance And Asset Management Providers
Head officeTrieste, Italy
Global ranking198th
Business linesLife and non-life
Revenue$29.39 billion
Net profit$1.47 billion
Assets$767.87 billion
Market value$20.59 billion
2021 global ranking179th


Aviva Is The Largest Global Insurance Company
Head officeLondon, UK
Global ranking236th
Business linesLife and non-life
Revenue$22.98 billion
Net profit$1.31 billion
Assets$620.05 billion
Market value$14.61 billion
2021 global ranking153rd


Aegon Is The Leading Global Insurance Company
Head officeThe Hague, Netherlands
Global ranking237th
Business linesLife and non-life
Revenue$22.72 billion
Net profit$1.55 billion
Assets$611.39 billion
Market value$15.59 billion
2021 global ranking174th


The information presented in this report was compiled from publicly available sources such as financial reports, news articles, and company websites. Additionally, we utilized various rankings published by leading organizations in the finance industry, such as Forbes, Fortune, Moody’s, Standard & Poor’s, and similar entities. These organizations frequently rank and profile top companies based on a range of criteria, including revenue, net profit, assets, market value, and other financial indicators. This information was used to provide a comprehensive overview of the companies and their relevance to the global market of financial advisors.

The insurance industry is a huge part of the global economy and has been changing and evolving over the last 5 years. This has resulted in some key trends and observations that have been happening in the industry. These trends and insights can impact the way insurance companies do business, the types of insurance products they offer, and even the prices of insurance policies.

For example, one trend that has emerged is the growing use of technology and data to better understand customers’ needs and to provide more personalized insurance products. Another trend is the increasing popularity of sustainable and socially responsible insurance products, which prioritize environmental and social issues. Understanding these trends can help individuals make informed decisions about the insurance products they purchase and the companies they choose to do business with.

Over the last 5 years, the insurance industry has experienced several significant trends and insights including:

  1. Growth Of Digital Transformation: With the rise of digital technologies, insurance companies have embraced digitalization in order to increase efficiency, reduce costs, and enhance the customer experience. Many companies are investing in digital initiatives such as online platforms, mobile applications, and data analytics.
  2. Rise Of Telematics: Telematics, or the use of data collected from devices to track and monitor driver behavior, has become a popular trend in the auto insurance market. Many insurance companies are offering telematics-based policies to customers, offering discounts based on safe driving behaviors.
  3. Focus On Sustainability: With an increasing focus on environmental issues, many insurance companies are exploring ways to become more sustainable and environmentally friendly. This includes reducing emissions, promoting sustainable products and services, and investing in renewable energy.
  4. Increased Competition: The insurance industry is becoming increasingly competitive, with new entrants entering the market and established players expanding their operations. This has resulted in a more dynamic and innovative industry, but also increased pressure on companies to stay ahead of the competition.
  5. M&A Activity: Mergers and acquisitions have become a common trend in the insurance industry, with many companies looking to expand their operations and enter new markets. This trend is likely to continue in the coming years, as companies look for ways to gain a competitive advantage.

Overall, these trends reflect a dynamic and rapidly evolving global insurance market, with companies seeking to adapt to changing market conditions and customer needs. Our analysis of the top insurance companies in the world revealed several interesting insights and trends. I found these trends particularly noteworthy when creating a global ranking system.

Geographical Distribution: The top insurance companies have a strong global presence, with operations in multiple countries around the world. Many of the companies on the list have a particular focus on certain regions, such as North America, Europe, or Asia.

Business Focus: The top insurance companies offer a wide range of products and services, with a focus on various lines of coverage, such as life insurance, health insurance, and property and casualty insurance. Some companies have a more diversified portfolio, while others specialize in a particular type of coverage.

Financial Performance: The top insurance companies have consistently strong financial performance, with solid profits, solvency ratios, and growth rates. Many of the companies have a long history of stability and have consistently ranked highly in industry rankings and ratings.

Overall, the top insurance companies in the world are well-established and highly respected in the industry, with a strong track record of financial performance, customer satisfaction, and innovation. 

They are well-positioned to continue providing reliable and high-quality insurance coverage to individuals and businesses around the world.


The insurance industry has undergone many changes and developments recently. From the rise of technology and digital transformation, to increasing regulations and competition, the industry has had to adapt and evolve to stay relevant.

Despite these challenges, insurance companies continue to play an important role in protecting individuals and businesses against financial losses. By monitoring and analyzing these trends, financial advisors can stay informed and make informed decisions when advising their clients on insurance options.