The financial crisis of 2009 caused a lot of ups and downs in the insurance industry. It was not easy to maintain the rate of growth of these companies had before the recession. But insurance is after all a matter of trust. We all want to invest in a company that stands by us in difficult times. Investing in a finance company with a brand value of good large market share creates a sense of security in our hearts. Therefore, it is always good to know that who are the world leaders in the field.
Below is a list of the top ten insurance companies based on market share.
American International Group (AIG)Country: United States
Market Value: $172.24 billion
American International Group, Inc. (AIG), a global leader in insurance and financial services,is the leading international insurance organization with operations in over 130 countries and jurisdictions. AIG companies serve commercial, institutional and individual customers throughout the world largest property and casualty and life insurance networks of any insurer. In addition, AIG companies are leading providers of retirement services, financial services and asset management around the world. AIG's common stock is traded on the New York Stock Exchange and the stock exchanges in Paris and Tokyo.
AXA GroupCountry: France
Market Value: $66.12 billion
In 1980, AXA did not exist. Over the next 20 years, the group would become a great international success with his running player.AXA external growth strategy: a consolidation of the ongoing operations of AXA, buying 50% stake in AXA Oyak, 2nd turkish Insurer, for $ 525 million and the prevalence of high growth potential through the acquisition of 100% of 3rd Mexican insurer ING Seguros (which amounts to 1.5 billion dollars). Today AXA takes place in geographically diverse markets, with operations concentrated in Europe, North America and Asia.
Allianz Worldwide
Country: Germany
Market Value: $65.55 billion
The Allianz Group is a leading provider of integrated services across the financial world. With about 155,000 employees worldwide, the Allianz Group serves approximately 75 million customers in about 70 countries. Insurance on the side, Allianz is the market leader in the German market and has a strong international presence.
Manulife FinancialCountry: Canada
Market Value: $50.52 billion
Manulife Financial is a leading Canadian financial services group serving millions of customers in 22 countries and territories around the world. We provide financial protection and wealth management products and services, to individual and group customers in Canada, the United States and Asia. These products and services include individual life insurance, group life and health insurance, long term care services, pension products, annuities, mutual funds and banking products. We offer reinsurance services specializing in retrocession life and property and the victim of reinsurance, and to provide management services of the Company and segregated fund assets and mutual funds and institutional clients.
Generali GroupCountry: Italy
Market Value: $45.45 billion
The Generali Group is one of the most important participants in the global insurance and financial products on the market. Group is leader in Italy and Assicurazioni Generali, founded in Trieste in 1831, is the parent company and main operating company.
In recent years, the Group achieved a significant return to central-eastern European markets and has established offices in key markets of the Far East, including China and India.
Prudential Financial
Country: United States
Market Value: $39.70 billion
Prudential Financial, Inc. (NYSE: PRU), a leading financial services firm with approximately $ 580 billion in assets under management at June 30, 2009, has operations in the United States, Asia, Europe and Latin America. In its heritage of life insurance and asset management, Prudential is focused on helping approximately 50 million individual and institutional customers grow and protect their wealth.
MetLifeCountry: United States
Market Value: $37.94 billion
MetLife, Inc. is a leading insurance and other financial services to millions of individual and institutional customers in the United States. Outside the U.S., the MetLife companies have direct insurance operations in Asia, Latin America and Europe.
AvivaCountry: United Kingdom
Market value: $33.10 billion
Aviva is a leading provider of life and pension products in Europe and are growing long-term savings businesses in Asia and the United States. Their main activities are long-term savings, fund management and general insurance
Munich Re GroupCountry: Germany
Market Value: $30.99 billion
Munich Re Group is one of the vectors of global risk. These activities cover the entire value chain of insurance and reinsurance.
AEGON
Country: Netherlands
Market Value: $26.40 billion
Country: Netherlands
Market Value: $26.40 billion
AEGON is an international company, providing life insurance, pensions and other long-term savings and investment products to millions of customers worldwide. The company has significant operations in the United States, the Netherlands and the United Kingdom and other companies in Asia, America and other parts of Europe. AEGON is listed on stock exchanges in Amsterdam, London, New York and Tokyo.
