Insurance Providers, Insurers, Insurance Provider, Insurer

Insurance providers offer insurance policies to people and pay for the associated loss. Most insurers also deal in financial services and asset management.

Largest Insurers across the Globe

The following are among the biggest insurance providers in the world:

American International Group, Inc. (AIG): Based in New York City, this is among the biggest American insurance companies in the world. It was founded in 1919 in Shanghai, China, and now operates worldwide. It has holdings in lending, aerospace, real estate, telecommunications, ports, skiing and many more. The company’s strength lies in motor insurance, life insurance, travel and retirement planning. AIG is also a financial services provider and offers asset management globally.

 

AXA Group: Founded in 1816 and headquartered in Paris, France, this is an independently organized global group of insurance companies. It primarily deals in health and life insurance, apart from investment management. The group operates in North America, the Middle East, Western Europe and the Asia Pacific region.

 

Allianz Worldwide:Started in 1890, the Allianz Group (Ireland) is a global insurance provider that operates in more than 70 countries. It also deals in banking and asset management. The group provides international health insurance for individuals, employees as well as their dependents, irrespective of their location.

 

Aviva plc: Launched in 2000, this is among the world’s leading insurance providers, with operations in 27 countries. Headquartered in London, England, it is also the biggest insurance company in the UK. The company has notable presence in the USA, Ireland, Poland, the Netherlands, Canada, France, Republika Srpska, Australia, China, India, Malaysia, Singapore, Turkey, Taiwan, Sri Lanka, Russia and Lithuania. Apart from insurance and health related services, this company offers long-term savings and fund management services.

 

Manulife Financial: Founded in 1887, this company is also referred to as the Manufacturers Life Insurance Company. Headquartered in Toronto, Canada, the company operates in several countries, such as China, Hong Kong, Indonesia, Japan, Malaysia, Philippines, Singapore, United States, Taiwan, Thailand and Vietnam. The wide spectrum of its financial products covers life insurance, mutual funds, pensions, annuities, long-term care and group benefits.

 

Generali Group: Based in Italy, this group has a presence in 40 countries. The group was founded in 1831 and deals in global insurance and financial services. In the past few years, Generali Group has widened its product portfolio to offer asset management and real estate services as well. The group enjoys considerable market share in Western Europe, especially in France, Spain, Germany, Switzerland, Austria and Israel.