Largest Insurance Companies by Market Capitalization

Ever since the financial crisis of 2008, insurance companies have been struggling. With rates going up and more people getting insured, the industry has been in a bind. However, there are still a few large insurance companies that dominate the market. In this article, we’ll take a look at the largest insurance companies by market capitalization. This will give you an idea of just how big these companies are and what their potential vulnerabilities may be in the future.

As we all know, the world is constantly changing. This means that the insurance industry is also constantly changing as well. With so many new companies and products coming into the market, it can be hard to keep track of who is the largest and most influential insurance companies in the world. To help make this process a little easier, we’ve put together a list of the five largest insurance companies by market capitalization. By doing this, you’ll have a better understanding not just of who these companies are, but also of their potential impact on your life and business.

Berkshire Hathaway

Berkshire Hathaway is the largest insurance company by market capitalization. The company was founded in 1963 and is headquartered in Omaha, Nebraska. Berkshire Hathaway operates in four divisions: American Express, HomeServices of America, National Indemnity, and GEICO. The company has $278 billion in assets under management (AUM). Berkshire Hathaway employs over 100,000 people around the world.

Berkshire Hathaway is the largest insurance company in the United States by market capitalization. The company was founded in 1831 and is headquartered in Omaha, Nebraska. Berkshire Hathaway has operations in over 60 countries and employs more than 260,000 people. The company’s net income was $34.9 billion in 2013.

American International Group

American International Group, Inc. (AIG) is one of the largest insurance companies in the world. The company was founded in 1882 and is headquartered in New York City. AIG insures both businesses and individuals and is a major player in the global insurance market. In 2018, the company earned $35.4 billion in revenue.

AIG operates in multiple markets around the world, including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The company has over 200 million customers worldwide and employs more than 550,000 people globally. AIG provides a wide range of products and services to its customers, including life, property, casualty, and health insurance products.

American International Group, Inc. (AIG) is the largest insurance company in the world by market capitalization. It has a combined global assets of over $2.5 trillion as of December 31, 2016.

AIG was created in 1919 and is headquartered in New York City. The company provides insurance products and services to businesses, governments, and individuals around the world. AIG’s major divisions are American International Group Insurance Company (AIGIC), General Re Corporation (GRC), and Aon Corporation (AON).

AIGIC is the primary insurer for businesses and has a worldwide network of over 700 offices. GRC provides property and casualty insurance products to municipalities, schools, hospitals, and other organizations across North America. Aon Corporation provides risk management, consulting, actuarial services, reinsurance brokerage, catastrophe modeling and simulation software to businesses and government entities around the world.

JPMorgan Chase & Co

JPMorgan Chase & Co. is the largest insurance company in the world by market capitalization. With more than $2 trillion in assets under management, it ranks as the third-largest bulge bracket corporation in the world. JPMorgan Chase was founded in 1869 and is headquartered in New York City. The company’s primary product line is banking products and services, including commercial and investment banking, consumer and commercial loans, securities brokerage, asset management, and payment processing. It is also involved in a number of other businesses, including property and casualty insurance, milling and mining, retail banking, automotive finance, private equity investing, and leasing. In 2016, JPMorgan Chase paid out $21 billion in total compensation to its employees.

JPMorgan Chase & Co is the largest insurance company in the world by market capitalization. The company ranks first in terms of total assets and second in terms of total liabilities. JPMorgan Chase & Co operates in more than 60 countries and employs over 300,000 people. The company offers a variety of products and services including investment banking, commercial banking, consumer banking, credit cards, securities brokerage, asset management, and insurance brokerage. In 2016, JPMorgan Chase & Co earned $27.5 billion in net income.

 

UnitedHealth Group

UnitedHealth Group is the largest health insurance company in the world with a market capitalization of $342.1 billion as of September 30, 2018. The company operates in over 30 countries and offers a variety of products, including individual and family health insurance, group health insurance, workplace plans, and Medicare plans. UnitedHealth Group is also one of the largest providers of health care services in the world and was ranked number one in global employer healthcare rankings by Forbes magazine in 2018.

UnitedHealth Group is the largest insurance company in the world by market capitalization. It has a total market cap of $328.1 billion as of February 24, 2019. The company’s headquarters are located inMinneapolis, Minnesota.

UnitedHealth Group was founded in 1979 when it merged two small insurance companies. Since its inception, the company has grown to be one of the largest health insurers in the world. UnitedHealth Group provides health insurance products and services to more than 48 million people in over 50 countries around the world.

The company’s primary business sectors are health care reform and employee benefits. UnitedHealth Group is a major player in both employer-sponsored health insurance and public healthcare programs. In 2017, it generated $90 billion in revenue from these operations. The company also operates subsidiaries that offer Medicare Advantage and Medicaid plans, as well as specialty healthcare products and services such as life sciences consulting and pharmacy benefit management (PBM).

UnitedHealth Group employs over 330,000 people across the globe and operates more than 1,100 hospitals, clinics, and surgery centers. The company has been listed on the Dow Jones Sustainability Index since 2009 and is a corporate leader in sustainability initiatives such as renewable energy investments, waste reduction measures, and public engagement activities

Allstate Corporation

Allstate Corporation is the largest auto insurance company in the United States, as well as one of the largest property and casualty insurance companies. Allstate was founded in 1931 and is headquartered in Northbrook, Illinois. The company has operations in more than 30 states across the U.S. and employs more than 25,000 people. Allstate is also a leading provider of products and services for home insurance, renters insurance, business insurance, life insurance, motorcycle insurance and pet insurance. In fiscal year 2018, Allstate reported net income of $10.4 billion on revenue of $118.5 billion.

Allstate Corporation (NYSE: ALL) is the largest insurance company in the United States. It has operations in more than 30 states and employs over 200,000 people. The company’s revenues were $27.7 billion in 2016. Allstate ranks first in terms of market capitalization among U.S. insurers.

State Farm Mutual Automobile Insurance Company

State Farm Mutual Automobile Insurance Company is the largest insurance company in the United States by market capitalization. With $250.8 billion in total assets, State Farm ranks No. 2 on the Fortune 500 list of the largest companies in the world. The company operates in more than 30 states and offers products including auto, home, life, and small business insurance. In 2018, State Farm earned $32.4 billion in net income and provided $27 billion in benefits to policyholders.

Conclusion

When it comes to the largest insurance companies by market capitalization, Berkshire Hathaway tops the list with a total market capitalization of $281.5 billion. Next is JPMorgan Chase, with a market capitalization of $276.8 billion, and then Amazon.com with a market capitalization of $274.6 billion.

State Farm Mutual Automobile Insurance Company is the largest insurance company in the United States by market capitalization. It has a global network of over 10,000 employees and operates in more than 50 countries. The company offers a wide range of products and services, including automobile, home, life, health, and commercial insurance. State Farm Mutual Automobile Insurance Company was founded in 1935 and is headquartered in Bloomington, Illinois.