The world’s largest insurers

This World’s Largest Insurance Companies directory is based on research data from rating agency A.M. Best.

Listing the top insurance companies in the world, this directory provides a simple way to analyse the world’s top insurance companies by premiums underwritten and by their net assets.

The largest insurance groups in the world featured in these lists are ranked by net premiums written in 2021 and net non-banking assets. You can sort the tables by any of the headings and search it to analyse individual insurance companies.

World’s largest insurance companies by net premiums written

Insurers ranked by net premiums written in 2021.

Ranking	Insurance Company Name	Domicile	2021 Net premiums written (US $ 000)	% change from previous year
1	UnitedHealth Group Incorporated (1)	United States	226,233,000	12.3%
2	Centene Corporation (1)	United States	120,318,000	12.1%
3	Elevance Health, Inc.	United States	117,373,000	12.7%
4	China Life Insurance (Group) Company	China	115,116,731	1.1%
5	Ping An Ins (Group) Co of China Ltd.	China	114,695,082	-5.7%
6	Kaiser Foundation Group of Health Plans	United States	106,442,007	3.4%
7	AXA S.A.	France	95,678,381	2.4%
8	Allianz SE	Germany	88,902,215	3%
9	People's Ins Co (Group) of China Ltd	China	84,512,852	3.7%
10	Assicurazioni Generali S.p.A.	Italy	80,313,936	10%
11	Humana Inc. (1)	United States	79,822,000	7.6%
12	Berkshire Hathaway Inc.	United States	71,569,000	10.3%
13	State Farm Group (2)	United States	71,116,271	0.2%
14	Munich Reinsurance Company	Germany	64,689,001	9.1%
15	CVS Health Corp Group (2)	United States	62,154,395	10.1%
16	Life Insurance Corporation of India	India	56,603,126	6.1%
17	China Pacific Insurance (Group) Co Ltd.	China	53,663,299	1.3%
18	Health Care Service Corporation Group	United States	46,681,293	3.9%
19	Progressive Corporation	United States	46,405,200	14.4%
20	The Allstate Corp	United States	45,821,000	18.2%
21	Zurich Ins Group	Switzerland	44,807,000	10.4%
22	HDI V.a.G.	Germany	44,231,389	10.3%
23	Liberty Mutual Holidng Company Inc.	United States	43,679,000	7.5%
24	Dai-ichi Life Holdings, Inc.	Japan	43,411,113	11.9%
25	Nippon Life Insurance Company	Japan	43,266,892	3.4%

World’s largest insurance companies by net non-banking assets

Insurers ranked by net non-banking assets at year-end 2021.

Ranking	Insurance Company Name	Domicile	2021 Net Non-Banking Assets (US $ 000)	% change from previous year
1	Allianz SE	Germany	1,247,238,182	7.2%
2	Berkshire Hathaway Inc.	United States	958,784,000	9.7%
3	Prudential Financial Inc	United States	937,582,000	-0.3%
4	Ping An Ins (Group) Co of China Ltd.	China	936,933,403	3.5%
5	China Life Insurance (Group) Company	China	900,518,282	13.2%
6	AXA S.A.	France	846,255,171	-3.4%
7	Legal & General Group Plc	United Kingdom	786,066,058	2.1%
8	MetLife Inc	United States	759,708,000	-4.5%
9	Nippon Life Insurance Company	Japan	725,015,001	3.3%
10	Manulife Financial Corporation	Canada	718,092,353	4.2%
11	Assicurazioni Generali S.p.A.	Italy	663,940,848	7.6%
12	American International Group, Inc.	United States	596,112,000	1.6%
13	Life Insurance Corporation of India	India	560,257,003	11%
14	Japan Post Insurance Co., Ltd.	Japan	551,048,287	-4.3%
15	CNP Assurances	France	547,034,028	9.1%
16	Dai-ichi Life Holdings, Inc.	Japan	540,436,340	3.6%
17	Aegon N.V.	Netherlands	531,043,952	5.4%
18	Credit Agricole Assurances	France	502,731,967	1.6%
19	Great-West Lifeco Inc.	Canada	493,382,080	5%
20	Aviva plc	United Kingdom	483,635,197	-25.3%
21	National Mut Ins Fed Agricultural Coop	Japan	481,733,388	0.2%
22	Zurich Insurance Group Ltd.	Switzerland	435,826,000	-0.8%
23	New York Life Insurance Company	United States	428,551,000	3.5%
24	Meiji Yasuda Life Insurance Company	Japan	395,415,191	4.8%
25	Lincoln Natl Corp	United States	387,301,000	5.8%

Notes:

Percent changes are based on local currency.
1 – Premiums shown are earned premiums.

Source: © A.M. Best Company, Inc. — used by permission.

View our other data tables featuring: the top global reinsurance companies in the world; the top reinsurance brokers; the top U.S. property & casualty insurers; and the top global insurance and reinsurance brokers.