Top 5 insurance companies.
"I am prepared for the worst, but hope for the best" Benjamin said. Who was a
British Conservative politician, writer, aristocrat and prime minister in the 18th
century. Insurance helps us to do exactly what the quote suggests. We all face
many kinds of risks: risk of meeting an accident, falling sick, being a victim of a
natural disaster or fire, and above the risk of life. All these risks not only come with
pain and suffering but also hurt financially. Insurance is one way of being prepared
for the worst; it offers the surety that the economic part of the pain will be taken
So today get ready to know about the top insurance company in the world. Don't
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With over 102 million customers in 56 countries and an employee base of one
hundred and fifty-seven thousand, AXA is one of the world's largest leading
insurance groups. Being among the world's leading insurance groups, its origin
goes back to 1817 where various insurance companies merged to create AXA.
The company is headquartered in Paris and has its presence in Africa, North
America, Central and South America, Asia Pacific, Europe and the Middle East. Its
main businesses are property and casualty, life insurance, life-saving, saving and
asset management. The AXA group reported total revenues of 99 billion euros for the fiscal year in 2015.
2. Zurich Insurance Group.
Switzerland headquatered global insurance company, Zurich Insurance Group
was founded in 1872. Zurich group, together with its subsidiaries, operates in
more than 170 countries, providing insurance products and services. The main
businesses of Zurich include general insurance, global life and farmers insurance.
Its employee strength is over 55,000 and was listed the sixth in the Swiss
Exchange. Zurich provides insurance facilities to various individuals and
businesses of all sizes: small, mid-sized and large-sized companies and even
multinational corporations and its Total revenues in 2015 was recorded at 60.568
3. China Life Insurance.
Known as China Life Insurance Company, or LFC is one of the mainland China's
largest owned insurance and financial services companies, as well as a key player
in the Chinese Capital Market as an institutional investor. The company dates
back to 1949, when the People's Insurance Company of China (PICC) was
formed. It was renamed as China Life Insurance Company in 1999 and has seven
It’s businesses is spread across Life Insurance, Pension Plans, Asset
Management, Property and casualty, Investment holdings and overseas
operations. The company is listed on the New York Stock Exchange, the Hong
Kong Stock Exchange and the Shanghai Stock Exchange. China life insurance
more recently has also made an investment in the Boston Waterfront Project.
4. Berkshire Hathaway.
Berkshire Hathaway INC was founded in 1889, and is associated with Warren
Buffet who has transformed a mediocre company into one of the largest
companies in the world.
It is now a leading investment manager, engaging in insurance, and other sectors
such as rail transportation, finance, utilities and energy, manufacturing, services
and retailing through its subsidiaries.
The company wholly owns GEICO, BNSF, Lubrizol, Dairy Queen, Fruit of the
Loom, Helzberg Diamonds, Flight-Safety International, and Net-Jets, and also
owns 26% of the Kraft Heinz Company. Berkshire now owns a diverse range of
businesses including confectionery, retail, railroad, home furnishing,
encyclodepidias, manufacturers of vaccum cleaners and many more.
5. Prudential Plc.
Prudential Plc (PUK) is an insurance and financial services brand with operations
catering to 24 million customers across Asia, The U.S, The U.K, and most recently
in Africa. The Prudential Corporation Asia, Prudential U.K., Jackson National Life
Insurance Company and M&G Investments are the main businesses within the
Jackson is a prominent insurance company in the United States, while Prudential
U.K. is one of the leading providers of pension and life in United Kingdom. It has
12 Asian markets and is a top-three providers of life insurance in Hong Kong,
India, Indonesia, Malaysia, Singapore, the Philippines and Vietnam. It has
approximately 22,308 employees worldwide, with assets under management
worth £509 billion.
So these were the top 5 insurance companies in the world on which you can rely
completely if something goes wrong with you or your business. If you guys like our
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