May 25, 2010World Insuranceby EconomyWatch

The Top 25 Biggest Earning Insurance Companies in the World

Although the worst of the 2008 financial crisis has passed, the insurance industry still faces numerous challenges in 2010. A weak economy is limiting growth opportunities and making capital preservation an ongoing priority for many companies.

Because of these pressures, insurers continue to closely monitor their people, processes, systems, and markets in order to find competitive advantages. In the midst of this, they also face potentially major changes to accounting standards, capital requirements, and regulation that may affect their business for years to come.

The good news for consumers? In a competitve environment, insurance industry players have to lower their premiums and offer better coverage and policies.

These are the top 25 insurance companies in the world:

Rank Company Market Value (Billions)
1  China Life Insurance  118.74
2  Ping An Insurance Group  52.80
3  Allianz  52.74
4  AXA Group  46.02
5  ING Group  35.46
6  Generali Group  35.19
7  Zurich Financial Services  34.71
8  Manulife Financial  32.56
9  China Pacific Insurance  32.21
10  Munich Re  30.12
11  MetLife  29.93
12  The Travelers Companies  27.26
13  Prudential Financial  24.86
14  Aflac  23.47
15  Tokio Marine Holdings  22.29
16  Prudential  20.05
17  QBE Insurance Group  19.74
18  ACE  16.97
19  Allstate  16.94
20

 Chubb

 16.77
21  Swiss Re  16.44
22  Sun Life Financial  16.24
23  Cathay Financial  15.86
24  CNA Financial  15.64
25  Aviva  15.51

Rankings Source: Forbes

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