List of largest insurance companies
These are lists of the insurance companies in the world, as measured by total non-banking assets and by net premiums written.
By assets
The list is based on the 2023 report of the 25 largest insurance companies in the world by 2021 assets from AM Best.[1]
| Rank | Company | Country | Total assets (US$ Billion) |
|---|---|---|---|
| 1 | Allianz |  Germany
|
1,247.2 |
| 2 | Berkshire Hathaway |  United States
|
958.8 |
| 3 | Prudential Financial | United States
|
937.6 |
| 4 | Ping An Insurance |  China
|
937.0 |
| 5 | China Life Insurance | China
|
900.5 |
| 6 | Axa |  France
|
846.3 |
| 7 | Legal & General |  United Kingdom
|
786.1 |
| 8 | MetLife | United States
|
759.7 |
| 9 | Nippon Life |  Japan
|
725.0 |
| 10 | Manulife Financial |  Canada
|
718.1 |
| 11 | Assicurazioni Generali |  Italy
|
663.9 |
| 12 | American International Group | United States
|
596.1 |
| 13 | Life Insurance Corporation |  India
|
560.3 |
| 14 | Japan Post Insurance | Japan
|
551.0 |
| 15 | CNP Assurances | France
|
547.0 |
| 16 | Dai-ichi Life | Japan
|
540.4 |
| 17 | Aegon N.V. |  Netherlands
|
531.0 |
| 18 | Credit Agricole Assurances | France
|
502.7 |
| 19 | Great-West Lifeco | Canada
|
493.4 |
| 20 | Aviva | United Kingdom
|
483.6 |
| 21 | JA Kyosai | Japan
|
481.7 |
| 22 | Zurich Insurance Group |  Switzerland
|
435.8 |
| 23 | New York Life Insurance Company | United States
|
428.6 |
| 24 | Meiji Yasuda Life | Japan
|
395.4 |
| 25 | Lincoln Natl Corp | United States
|
387.3 |
By net premiums written
The list is based on the 2023 report of the 25 largest insurance companies in the world by 2021 net premiums written from AM Best.[1]
| Rank | Company | Country | Net premiums written (US$ Billion) |
|---|---|---|---|
| 1 | UnitedHealth Group | United States
|
226.2 |
| 2 | Centene Corporation | United States
|
120.3 |
| 3 | Elevance Health | United States
|
117.4 |
| 4 | China Life Insurance | China
|
115.1 |
| 5 | Ping An Insurance | China
|
114.7 |
| 6 | Kaiser Permanente | United States
|
106.4 |
| 7 | Axa | France
|
95.7 |
| 8 | Allianz | Germany
|
88.9 |
| 9 | People's Insurance Company of China | China
|
84.5 |
| 10 | Assicurazioni Generali | Italy
|
80.3 |
| 11 | Humana | United States
|
79.8 |
| 12 | Berkshire Hathaway | United States
|
71.6 |
| 13 | State Farm | United States
|
71.1 |
| 14 | Munich Re | Germany
|
64.7 |
| 15 | CVS Health | United States
|
62.2 |
| 16 | Life Insurance Corporation | India
|
56.6 |
| 17 | China Pacific Insurance Company | China
|
53.7 |
| 18 | Health Care Service Corporation | United States
|
46.7 |
| 19 | Progressive Corporation | United States
|
46.4 |
| 20 | The Allstate Corp | United States
|
45.8 |
| 21 | Zurich Ins Group Ltd |  Switzerland
|
44.8 |
| 22 | HDI | Germany
|
44.2 |
| 23 | Liberty Mutual | United States
|
43.7 |
| 24 | Dai-ichi Life | Japan
|
43.4 |
| 25 | Nippon Life | Japan
|
43.2 |
