It is very well justified when people say, ‘Nothing is predictable’. It is a bitter truth we must all face that the people around us, may not necessarily be there, in the future. The same can be said to anything else, and there is obviously no guarantee that a beautiful car, will remain unscathed after another month. It is that uncertainty which makes us want something to ensure that such insecurity is removed. This is when the insurance companies step in. Insurance company is way of risk management through hedging the loss or damage of any uncertain situation by paying some amount to company. In recent era the Insurance companies are emerging and become any integral part of life of any individual or corporation which covers any of loss by offering different specialized plans to its customers.
Insurance companies provides exclusive policies including automotive, property, tangible or intangible goods, health and life insurance with respect to time, money or premium becoming efficient and effective respondents to change which enables risk.
There are numerous insurance companies serving the customers worldwide making it difficult for any person or business firm to choose the best one.
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So, here is a list of the top 10 best general insurance companies of the world for you.
10. Zurich Insurance:
Zurich insurance group is one of the leading companies in the world which operate on a truly global basis with mission to help its customers by realizing and protecting themselves from uncertain risk. The firm has been ranked among world’s largest public company and 94th in Interbrand’s top100 brands, also added in the list of top best insurance companies in the world with $45.4 Billion shareholders equity.
9. ING Group:
The ING Group is a Dutch banking and financial services corporation which primary businesses include direct banking, retail banking, asset management, commercial banking, investment banking, and insurance services. Headquartered in Amsterdam the ING Group is providing its services in about 40 plus countries with workforce of nearly 85,000, however, its insurance related services are especially in United States, Asia and Europe.
8. AIA Group:
AIA Group is a real life insurance company originated in Hong Kong with operations in Australia, New Zealand and East Asian and South Asian countries and subsidiaries in Thailand, Hong Kong, Singapore, Malaysia, China, and Korea. With employees of more than 21,000 the insurance in another leading corporation in the world that also enrolled in the list of top best insurance companies in the world
The multinational, investment banking group AXA is headquartered in the 8th arrondissement of Paris deals in investment banking, capital management, insurance, and other financial services. AXA Group has nearly workforce of 102,960 has primary insurance services include Life and Savings, Property & Casualty, International Insurance and Asset Management. Founded in 1816 the firm owns approximately $61.55 Billion, considered as one of best Insurance Corporation in the world which operation spread in North America, Western Europe, Asia Pacific, and Middle East region.
MetLife is another largest multinational insurance giant headquartered in New York which provides insurance, employee benefit programs and annuities, has nearly 66,000 employees in more than 60 countries. MetLife is leading firm in United States, Japan, Latin America, Europe, Asia’s Pacific region, and the Middle East, enlisted in the top best insurance companies following its specialized and elite plans for its customers.
5. Ping An insurance:
The China based insurance company Ping An provides Life Insurance, Property and Casualty insurance, Banking services, Securities and Corporate. With market capitalization of $65 Billion is also named in the list of top best insurance companies in the world which has its headquarters in Shenzhen and Shanghai. The public company is one of the leading insurance companies in Asian region which has around 190,000 which are serving to provide its services to customers worldwide.
4. American International Group (AIG):
American multinational insurance corporation American International Group (AIG) is world leading property-casualty, life insurance and retirement and general insurance firm, serving more than 70 million clients in 130 countries. With one of the industry’s most wide ranges of plans and policies and exceptional financial strength enables its customers to manage any risk efficiently. AIG is the 42nd-largest public company in the world having market capital up to $78.48 billion, also the most preferred and best insurance firm all over world
3. Allianz Insurance:
Allianz is a German financial services company with over 147,000 employees offering services to 80 million customers in 70 plus countries. The multinational corporation is one of leading German insurance firm holding market with $76 Billion around world, considered as one of best insurance company in the world. Allianz personal insurance include Life insurance, Health insurance, Motor insurance, family insurance and home insurance while it also serves small, medium and large sized corporation by providing credit insurance, asset management plans and firm related other insurance policies.
2. China life Insurance:
China Life Insurance Group has headquarter in Beijing, that offers life insurance, property & casualty insurance, pension plans, asset management, and industrial investment, also provides participating and non-participating life insurance and annuities to individuals. The first insurance company triple-listed in New York, Hong Kong and Shanghai, it is one of the leading firm in world with respect to its market share which is more $80 Billion.
1. Berkshire Hathaway Insurance:
The multinational conglomerate American based Berkshire Hathaway has its headquarters in United States, Omaha and Nebraska, has nearly 302,000 employees. About $ 224 billion market capitalization made it the largest global corporation owned BNSF, Helzberg Diamonds, Lubrizol, Dairy Queen, Flight Safety International, GEICO and NetJets. The company has private and public insurance policies to attract the maximum customer with easy and reliable claim procedures adding it into the list of top best insurance companies in the world.
This was the list of Top 10 General Insurance Companies in the world that have been rendering great service to the customers and have gained a lot of satisfied customers. These are the best insurance companies, and their services are no doubt what make their place in this list, justifiable.