World’s Largest Insurance Companies

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.

RankingInsurance Company NameDomicile2021 Net premiums written (US $ 000)% change from previous year
1UnitedHealth Group Incorporated (1)United States226,233,00012.3%
2Centene Corporation (1)United States120,318,00012.1%
3Elevance Health, Inc.United States117,373,00012.7%
4China Life Insurance (Group) CompanyChina115,116,7311.1%
5Ping An Ins (Group) Co of China Ltd.China114,695,082-5.7%
6Kaiser Foundation Group of Health PlansUnited States106,442,0073.4%
7AXA S.A. France95,678,3812.4%
8Allianz SEGermany 88,902,2153%
9People's Ins Co (Group) of China LtdChina84,512,8523.7%
10Assicurazioni Generali S.p.A. Italy80,313,93610%
11Humana Inc. (1)United States79,822,0007.6%
12Berkshire Hathaway Inc.United States71,569,00010.3%
13State Farm Group (2)United States71,116,2710.2%
14Munich Reinsurance CompanyGermany64,689,0019.1%
15CVS Health Corp Group (2)United States62,154,39510.1%
16Life Insurance Corporation of IndiaIndia56,603,1266.1%
17China Pacific Insurance (Group) Co Ltd.China53,663,2991.3%
18Health Care Service Corporation Group United States46,681,2933.9%
19Progressive CorporationUnited States46,405,20014.4%
20The Allstate CorpUnited States45,821,00018.2%
21Zurich Ins GroupSwitzerland44,807,00010.4%
22HDI V.a.G. Germany44,231,38910.3%
23Liberty Mutual Holidng Company Inc.United States43,679,0007.5%
24Dai-ichi Life Holdings, Inc.Japan43,411,11311.9%
25Nippon Life Insurance Company Japan43,266,8923.4%

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

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

RankingInsurance Company NameDomicile2021 Net Non-Banking Assets (US $ 000)% change from previous year
1Allianz SEGermany1,247,238,1827.2%
2Berkshire Hathaway Inc. United States958,784,0009.7%
3Prudential Financial Inc United States937,582,000-0.3%
4Ping An Ins (Group) Co of China Ltd.China936,933,4033.5%
5China Life Insurance (Group) CompanyChina900,518,28213.2%
6AXA S.A.France846,255,171-3.4%
7Legal & General Group PlcUnited Kingdom786,066,0582.1%
8MetLife IncUnited States759,708,000-4.5%
9Nippon Life Insurance Company Japan725,015,0013.3%
10Manulife Financial CorporationCanada718,092,3534.2%
11Assicurazioni Generali S.p.A.Italy663,940,8487.6%
12American International Group, Inc.United States 596,112,0001.6%
13Life Insurance Corporation of IndiaIndia560,257,00311%
14Japan Post Insurance Co., Ltd.Japan551,048,287-4.3%
15CNP AssurancesFrance547,034,0289.1%
16Dai-ichi Life Holdings, Inc. Japan540,436,3403.6%
17Aegon N.V.Netherlands 531,043,9525.4%
18Credit Agricole AssurancesFrance502,731,9671.6%
19Great-West Lifeco Inc. Canada493,382,0805%
20Aviva plcUnited Kingdom483,635,197-25.3%
21National Mut Ins Fed Agricultural CoopJapan481,733,3880.2%
22Zurich Insurance Group Ltd. Switzerland 435,826,000-0.8%
23New York Life Insurance CompanyUnited States428,551,0003.5%
24Meiji Yasuda Life Insurance CompanyJapan395,415,1914.8%
25Lincoln Natl CorpUnited States387,301,0005.8%


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

Source: © A.MBest 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.