Top 10 Life Insurance Companies In World

Top 10 Life Insurance Companies In World – Top 20 Insurance Companies in the World – Based on the 2020 Annual Report, here are the top 20 insurance companies in the world. They are definitely the largest companies with billions of dollars in assets and tons of profits. We all probably know these companies and their history from time to time. Insurance companies are companies that provide risk coverage services that provide compensation for losses, damages, losses incurred, loss of profits or legal liability to third parties due to an uncertain event. All third parties can rely on insurance companies with unforeseen risks in the future that will occur.

In our unpredictable life, individuals or companies can minimize various risks, including road accidents, diseases, natural disasters, and more. This risk may disrupt our activities and business and cause a shock to our inner finances. Through the role of the insurance company, these potentially huge losses can be reduced or reduced to save our budget. But in our world, there are a million insurance companies with different and varied products. They are marketing these products to people all over the world to help people’s lives. Of all the insurance companies in the world, there are only a few that are the largest. These indicators are measured by the profit/net profit made by the companies. Here are the 20 most important insurance companies in the world, based on the annual report published in 2020.

Top 10 Life Insurance Companies In World

Top 10 Life Insurance Companies In World

As additional data, we also publish the financial position of each company. This data shows the state of the assets and liability of a company’s balance sheets in 2020. Here’s the state of an insurance company’s assets and liabilities in 2020.

Aia Group Limited

Historically, this company was founded in 1988 by Ma Mingzhe. So far, this company is headquartered in Shenzhen, China. In 2020, the China-based company generated CNY 1.321 billion (211 billion US dollars), and at the same time, the net profit achieved was CNY 159 billion (25 billion US dollars). In general, this net profit and profit is one of the largest for insurance companies.

Allianz SE is one of the largest insurance companies in 2020. Historically, it was founded on February 5, 1890 by Carl von Thieme. Geographically, this company is headquartered in Munich, Germany in 2020 and the company is based in Germany with revenues of 119 billion Euros or the equivalent of 138 billion US dollars, however, the net profit earned was 7 billion Euros or the equivalent of 8.2 billion US dollars.

China Life Insurance is another major insurance company in China. Historically, China Life Insurance was founded in 1949 and is still headquartered in Beijing, China. Financially, based on the annual report for the year 2020, the company’s revenues amount to 804 billion yuan, or the equivalent of 128 billion US dollars, while the profits are about 51 billion yuan, or the equivalent of 8.2 billion US dollars.

MetLife Inc. is one of the oldest and largest insurance companies in the world. Historically, the company was incorporated on March 24, 1868. Geographically, the company is headquartered in the MetLife Building in New York City, USA. In 2020, according to the annual report, revenues amount to $67 billion, and profits are about $5.4 billion.

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Manulife is Canada’s largest, with billions of consumers and income. Founded on June 23, 1887, this company is still headquartered in Toronto, Ontario, Canada. In 2020, according to its annual report, revenues in 2020 amounted to about seventy-eight billion Canadian dollars, or the equivalent of 63 billion US dollars, while profits come to five billion Canadian dollars, or the equivalent of 4.4 billion US dollars.

Aviva plc is a British multinational insurance company headquartered in London; England incorporated in the year 2000. In 2020, Aviva Plc is performing positively with revenues of £29 billion or the equivalent of thirty-nine billion pounds sterling, and at the same time, profits are up to £2 billion or 3.9 billion US dollars.

Zurich Insurance Group Ltd. is a Swiss insurance company headquartered in Zurich. Historically, this company was founded in 1872 and is still headquartered in Zurich, Switzerland. Zurich Insurance is a Swiss company that delivered positive business results in 2020. Based on the 2020 annual report, the company has revenues of $59 billion and profits of approximately $3.8 billion.

Top 10 Life Insurance Companies In World

Axa is a France-based company founded by Claude Bibar in 1816. This company has a long history in the financial sector, especially in the insurance sector. In 2020, financially, based on its published annual report, the company achieved revenues of ninety-six billion euros, equivalent to 112 billion US dollars, and profits of three billion euros, or the equivalent of 3.6 billion US dollars.

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Dai-ichi Life Insurance Company Limited or Dai-ichi Seimei Hoken Kabushiki-Kaisha (Japanese) is one of the largest insurance companies in Japan. It was founded on September 15, 1902 by Tsuneta Yano. In 2020, the company’s revenue reached 7.827 billion yen, or the equivalent of 70 billion US dollars, and the company’s profit was 363 billion yen, or the equivalent of 3.2 billion US dollars.

Assicurazioni Generali S.p.A. Or better known as Generali Group is headquartered in Trieste, Italy. It was established in 1831. In addition to the development of the company’s business, in 2020, the company’s revenues amounted to eighty-five billion euros, or the equivalent of 98 billion US dollars, and the company’s profits amounted to two billion euros, or the equivalent of 3.1 billion dollars. American dollar.

Prudential Financial or formerly known as “Friendly Assurance Company” was founded in New Jersey in 1875 by John Dryden. The company is still headquartered in Newark, New Jersey, USA. In 2020, based on its annual report, the company’s revenue is about 55 billion US dollars, and the net profit is up to 2 billion US dollars.

Legal & General Group plc, commonly known as Legal & General, is a British multinational insurance company headquartered in London, England. In 2020, the revenue of this company is about fifty billion pounds sterling, or the equivalent of 68 billion US dollars, and the profits or net profit amount to one billion British pounds, or the equivalent of 2.1 billion US dollars.

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Nippon Life Insurance Company or Nihon Seimei Hoken Sōgo-gaisha, better known as Nissay, was founded on July 4, 1889. Now the company is headquartered at 5-12 Imabashi Sanchōme, Chūō-Ku, Osaka, Japan. Along with the development of the company, in 2020, the company’s revenue reaches 5.719 billion yen, or the equivalent of 51 billion US dollars, and the profit reaches 182 billion yen, which is equivalent to 1.6 billion US dollars.

CNP Assurances is a French company that carries out some work in the financial sector. This company was established in 1959 and has many branches in some countries. In 2020, based on the annual report, the company’s revenue reaches 3,459 billion euros or the equivalent of 4 billion US dollars, and the net profit reaches 1.3 billion euros or the equivalent of 1.5 billion US dollars.

New York Life Insurance Company (NYLIC) is one of the largest insurance companies in the United States. In 2020, the company achieved a positive result with revenues of $32 billion and profits of $1.5 billion.

Top 10 Life Insurance Companies In World

Japan Post Insurance Co., Ltd. or in Japanese known as Kabushiki-gaisha Kanpo Seimei Hoken is a Japanese insurance company established on October 1, 2007. Geographically, this company is headquartered in Tokyo, Japan. In 2020, based on the company’s annual report, the revenue of this company reached 6.786 billion yen, or the equivalent of 61 billion US dollars, and the profits amounted to 166 billion yen, or the equivalent of 1.4 billion US dollars.

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Credit Agricole is a French company with some businesses operating in financial services. This company was founded on May 23, 2000 and is headquartered in Paris, France. In 2020, based on the company’s annual report, this company has revenues of about 2 billion euros or the equivalent of 2 billion US dollars and profits of 1.2 billion euros or 1.4 billion US dollars equivalent to Americans.

Sumitomo Life Insurance Company or in Japanese known as Sumitomo Seimei Hoken Sōgo-gaisha, Sumisei is a mutual life insurance company founded in 1907 and headquartered in Osaka. In 2020, the company’s revenue is 28 billion US dollars and net profit is 0.4 billion US dollars.

Egon N. It is a Dutch multinational company headquartered in The Hague, Netherlands. Founded in 1983 38 years ago. In 2020, the company’s revenue reached 0.012 billion euros or the equivalent of 0.013 billion US dollars and the profits reached 0.045 billion euros or the equivalent of 0.05 billion US dollars.

Meiji Yasuda Life Insurance Company is a Japanese insurance company headquartered in Tokyo that was created in 2004 through the merger of Meiji Life and Yasuda Life. In 2020, based on the company’s annual report, revenue from

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