Top 10 Insurance Companies by the Metrics

There are a number of ways to rank the size of insurance companies. Companies can be measured by their request capitalization( the value of the company on a stock exchange) or by using deals numbers, similar as net decorations written in a time or how numerous programs were vended. Then, we examine the top 10 largest insurance companies by request cap, request share, and earnings.

KEY TAKEAWAYS

  • Insurance companies are important players in the global fiscal frugality, although they may not be as flashy as investment banks or barricade finances.
  • Insurance companies come in numerous sizes and specialize in different policy lines, from health to life to property & casualty.
  • request capitalization, or request cap, is the value of a company’s outstanding shares.
  • Some insurance companies are mutually possessed, in which the policyholders are the possessors.
  • When ranking insurance companies, it’s important to classify them according to their product line.
  • Largest Insurance Companies by request Capitalization
  • request capitalization, or request cap, is the total value of a company’s stock, and it’s calculated by multiplying the number of outstanding shares by the current share price. It’s a quick way of determining the value of a company in the eyes of investors.

Companies with large request caps are generally established conservative investments. They probably witness steady growth and offer the least quantum of threat. Mid-cap companies are also established but have high growth eventuality. Incipiently, small- cap companies are frequently new companies with high growth eventuality. Investing in these companies poses the topmost threat because they’re more vulnerable to profitable downturns than the more established large andmid-cap companies.

Investors can buy shares of intimately- traded companies in the insurance assiduity. The largestnon-health insurance companies by request capitalization on the world stock exchanges as of Q1 2022 are

Intimately TradedNon-health Insurance Companies


Company Name Market Capitalization
Berkshire Hathaway(U.S.)$ 714 billion
Ping An Insurance( China)$ 141 billion
AIA Group( Hong Kong)$ 123 billion
China Life Insurance( China)$ 106 billion
Allianz( Germany)$ 89 billion
Cigna( US)$ 76 billion
Zurich Insurance( Switzerland)$ 67 billion
AXA( France)$ 65 billion
Humana(U.S.)$ 55 billion
Munich( Germany)$ 39 billion
request cap data as of March 1, 2022. SourceYahoo! Finance

Intimately Traded Health Insurance and Managed Health Care Companies


Company Name request Capitalization
United Healthcare( UNH)$ 448 billion
CVS( CVS)$ 136 billion
hymn( ANTM)$ 109 billion
Cigna( CI)$ 76 billion
Humana( HUM)$ 55 billion
Centene Corporation( CNC)$ 48 billion
Molina Healthcare( MOH)$ 18 billion
Bright Health Group( BHG)$ 2 billion
Multi Plan Corporation( MPLN)$ 2 billion
Alignment Healthcare( ALHC)$1.6 billion
request cap data as of March 1, 2022. Source Yahoo! Finance
Not all insurance companies are intimately traded. In fact, numerous insurers are structured as collective companies, where policyholders of sharing programs are basically partial possessors of the company. The collective company model for an insurance company dates back hundreds of times, and there are certain benefits conferred on policyholders that don’t live with intimately traded( stock company) insurers.


American Family Insurance is the largest collective insurance company in the U.S.

Largest Insurance Companies by Deals and Product Line
It’s useful to separate between the type of insurance, or line, that’s being considered when considering the largest insurance companies. Using deals data is helpful as some of the largest insurance companies in the United States aren’t intimately traded and thus their request value isn’t fluently caught on .

Property & Casualty
Property and casualty insurers write programs covering property similar as real estate, residences, buses , and other vehicles. They also write programs dealing with arrears that may be incurred by accident or negligence related to those parcels to defray the cost of suits or medical damages performing from similar incidents.

The topU.S. property and casualty companies in 2020 by net decorations written( the quantum of plutocrat thatnon-life programs can anticipate to admit over the life of the contract, lower commissions and costs) are

Company Net decorations Written
State Farm Group$66.2 billion
Berkshire Hathaway(BRK.A)$46.4 billion
Progressive Insurance Group( PGR)$41.7 billion
Allstate Insurance Group( each)$39.2 billion
Liberty Mutual$36.2 billion
Travelers Group( TRV)$28.8 billion
USAA Group$24.6 billion
Chubb( CB)$24.2 billion
Farmers Insurance Group$20.1 billion
Nationwide$18.5 billion
Life Insurance Companies


Life Insurance companies promise to pay out a lump sum benefit upon the death of the ensured. Although actuarial wisdom has created mortality tables to directly estimate the unborn liability of programs to be paid, having fiscal strength ensures that these companies can meet all of their scores while still earning a profit.
Life Insurance companies in theU.S. can be ranked by direct decoration written( the number of new programs written directly and notre-insured). For 2020

Company Total Direct Premium Market Share
New York Life Grp$11.7 billion6.75
Northwestern Mutual$11.3 billion6.52
Metropolitan Group( MET)$10.5 billion6.05
Prudential of America( PRU)$10.1 billion5.80
Lincoln National$8.4 billion4.83
MassMutual$7.9 billion4.57
State Farm$5.0 billion2.87
Aegon( AEG)$4.9 billion2.80
John Hancock$4.7 billion2.73
Minnesota Mutual Grp$4.7 billion2.70
Health Insurance Companies


Health insurance companies give programs to cover all or part of the policyholder’s health and medical costs. programs may be bought collectively or through an employer. Technically, the United States government is the largest health insurance provider in America through the Medicare program, Social Security, and Medicaid administered by individual countries.

Grounded on the National Association of Insurance Officers( NAIC) 2020 report, the largest non-government patronized U.S. health insurance companies measured by total direct decoration collected were.

Company Total Direct Premium Market Share
UnitedHealth Group( UNH)$ 177 billion14.1
Kaiser$ 104 billion8.3
Anthem$ 77 billion6.2
CenteneCorp.$ 75 billion6.0
Humana$ 74 billion5.9
CVS Healthcare( CVS)$ 69 billion5.5
CIGNA Health$ 32 billion2.5
Molina Healthcare$ 21 billion1.7
Independence Health$ 21 billion1.6
What Do the CEOs of the Largest Health Insurance Companies Make?
The following CEOs of the 6 largest health insurance companies make over$ 15 million annually
4

Michael Neidorff of Centene earns$26.4 million
David Cordani of Cigna earns$19.1 million
David Wichmann of UnitedHealth Group earns$18.9 million
Joseph Zubretsky of Molina Healthcare earns$ 18 million
Bruce Broussard of Human earns$16.7 million
Gail Boudreaux of Anthem earns$15.5 million

Leave a Comment

Your email address will not be published.