5 Largest Insurance Companies in the World – Insurance is one of the financial products that provides protection for risks that can occur at any time. Now many companies that offer insurance in Indonesia, both from within and outside the country.
Of the largest number of insurance companies in the world, almost all of them have representatives in Indonesia. Because the insurance program is a long-term financial goal, it would be better if you choose insurance services from insurance companies that have clear quality and quality and meet the required criteria.
To make it easier for you to choose the right insurance company, here is information about the 10 largest insurance companies in the world that help in choosing the right insurance.
5 Largest Insurance Companies in the World
Country of Origin: France
Year Established: 1817
Head Office: Paris
Key Figure: Thomas Buberl
Income: € 98.53 billion (2015)
Total Assets: € 887.07 billion (2015)
At present AXA has more than 102 million customers in 56 countries and is included in the list of the largest insurance companies in the world. The main business is around property, life insurance, accident insurance, storage and asset management. In 2013, AXA acquired 51% of insurance company Seguros Colpatria in Colombia. Still in the same year, AXA again managed to acquire 50% of the assets of a Chinese insurance company, Tian Ping.
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2. Zurich Insurance Group
Country of Origin: Switzerland
Year Established: 1872
Head Office: Zurich
Key figure: Tom de Swaan, Mario Greco
Revenue: US $ 67.245 billion
Total Assets: US $ 382,679 billion
Zurich Insurance Group currently operates in 107 countries with a main focus on services and insurance. The Zurich Insurance Group business focuses on general insurance and insurance for farmers. At present the insurance company has more than 55,000 workers who are ready to serve their customers. Ranging from individuals to small and large scale businesses, even multinational.
3. China Life Insurance
Country of Origin: China
Year Established: 1949
Head Office: Beijing
Key figures: Dairen Lin, Yang Minsheng
Total Assets: US $ 362.1 billion (2015)
This insurance company underwent a restructuring in 2003 and currently has seven subsidiaries. Its main business is life insurance, asset management, property and investment. Currently China Life Insurance has been listed on the New York, Hong Kong and Shanghai stock exchanges which make this insurance company the largest in the world based on its market.
4. Berkshire Hathaway
Country of Origin: United States
Year Established: 1839
Headquarters: Omaha, Nebraska, United States
Key figure: Warren Buffet, Charlie Munger
Revenue: US $ 223.60 billion (2016)
Total Assets: US $ 620.85 billion (2016)
Initially, Berkshire Hathaway was not as big as it is today. However, thanks to Warren Buffet, this company can turn out to be very advanced as it is now. This insurance company is leading the way in dealing with conglomerate investments as well as sectors, such as transportation, energy and services.
Country of Origin: England
Year Established: 1848
Head Office: London
Key figure: Paul Manduca
Income: £ 71,842 billion (2016)
Total assets: –
Prudential currently has a large market in Asian countries, the UK and African countries. Prudential plc is listed on the London, Hong Kong, Singapore and New York stock exchanges and has around 24 million customers.