10 Largest Insurance Company in the World

10 Largest Insurance Company in the World - The definition of insurance under the Act No. 2 Year 1992 concerning Insurance Business is an agreement between two parties aka more, with which the insurer bind themselves to the insured, to receive insurance premiums, for memberbagi turn against the insured because kemenyesalan, damage alias lost profits desired, alias legal liability to third parties that somehow would be suffered by the insured, arising from sebuahmomen uncertain, alias for memberbagi sebuahpembayaran based on death alias fate of an insured person. While the object of insurance can be objects and services, body and soul, human health, legal liability, and all other interests that could be lost, damaged, sorry alias bertidak more quality.

The companies engaged in insurance business is usually called by the Insurance Company alias in English called the Insurance Company. Based on the publication of an online statistics portal that statista, Largest Insurance Company in the World based on market capitalization (market capitalization) is Berkshire Hathaway originating from the United States. Insurance companies led by one of the World's Richest Warren Buffet has a market capitalization of US $ 350.5 billion. Ranked second biggest insurance company in the world that is occupied by the Chinese company China Life Insurance with a market capitalization of US $ 164.1 billion. While the third position is occupied by Ping An Insurance, which also is the Insurance Company of China with a market capitalization of US $ 130.9 billion.

List of 10 Largest Insurance Company in the World

Of the top 10 list, is available three insurance companies from the United States, three companies from China and one company each from the UK, the Netherlands, Germany and France. Here is a list of the 10 Most large insurance company in the world and the amount of market capitalization and the countries of origin.

1. Berkshire Hathaway

Market capitalization: US $ 350.5 billion
Country of Origin: United States
Headquarters: Omaha, Nebraska, United States
CEO & Chairman: Warrant Buffet
Established: 1839
Founder: Oliver Chace

2. China Life Insurance

Market capitalization: US $ 164.1 billion
Country of Origin: China
Headquarters: Beijing, China
Chairman: Yang Mingsheng
Year established: 2003

3. Ping An Insurance

Market capitalization: US $ 130.9 billion
Country of Origin: China
Head Office: Shenzhen, Guangdong, China
CEO & Chairman: Ma Mingzhe
Established: 1988

4. AIA Group

Market Cap: US $ 80.5 billion
Origin: Hongkong China
Headquarters: Hongkong China
Group CEO: Mark Tucker
Established: 1919
Founder: Cornelius Vander Starr

5. Allianz

Market Cap: US $ 78.7 billion
Origin: Germany
Headquarters: Munich, Germany
CEO: Oliver Bate
Established: 1890

6. American International Group (AIG)

Market Cap: US $ 76.4 billion
Country of Origin: United States
Headquarters: New York, United States
CEO: Peter Hancock
Established: 1919
Founder: Cornelius Vander Starr

7. Prudential PLC

Market Cap: US $ 65.6 billion
Origin: United Kingdom
Headquarters: London, England
CEO: Paul Manduca
Established: 1848

8. AXA

Market Cap: US $ 61.2 billion
Origin: France
Headquarters: Paris France
Chairman & CEO Henri de Castries
Established: 1817
Founder: Claude Bebear

9. ING Group

Market Cap: US $ 59.3 billion
Origin: Netherlands
Headquarters: Amsterdam, Netherlands
CEO: Ralph Hamers
Established: 1991

10. Metlife

Market cap: $ 57.8 billion
Country of Origin: United States
Headquarters: New York, United States
Chairman & CEO: Steven A. Kandarian
Established: 1868



Source reference:

Market Capitalization quality statistics quoted from the website online statista.com

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