World Rankings

TOP 10 GLOBAL INSURANCE COMPANIES BY REVENUES, 2014 (1)

($ millions)

Rank Company Revenues Country Industry
1 Berkshire Hathaway $194,673 U.S. Property/casualty
2 AXA 161,173 France Life/health
3 Allianz 136,846 Germany Property/casualty
4 Japan Post Holdings 129,686 (2) Japan Life/health
5 Assicurazioni Generali 118,871 Italy Life/health
6 Prudential plc 98,976 U.K. Life/health
7 China Life Insurance 87,249 China Life/health
8 Ping An Insurance 86,021 China Life/health
9 Legal & General Group 84,805 U.K. Life/health
10 Munich Re 81,685 Germany Property/casualty

(1) Based on an analysis of companies in the Global Fortune 500. Includes stock and mutual companies.
(2) Fiscal year ending March 31, 2015.

Source: Fortune.

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TOP 10 GLOBAL INSURANCE BROKERS BY REVENUES, 2014 (1)

($ millions)

Rank Company Brokerage revenues Country
1 Marsh & McLennan Cos. Inc. $12,966 U.S.
2 Aon P.L.C. 12,019 U.K.
3 Willis Group Holdings P.L.C. 3,767 U.K.
4 Arthur J. Gallagher & Co. 3,530 U.S.
5 Jardine Lloyd Thompson Group P.L.C. 1,714 U.K.
6 BB&T Insurance Holdings Inc. 1,714 U.S.
7 Brown & Brown Inc. 1,567 U.S.
8 Wells Fargo Insurance Services USA Inc. 1,299 U.S.
9 Hub International Ltd. 1,296 U.S.
10 Lockton Cos. L.L.C. (2) 1,231 U.S.

(1) Revenue generated by insurance brokerage and related services.
(2) Fiscal year ending April 30.

Source: Business Insurance (www.businessinsurance.com), July 20, 2015.

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TOP 10 GLOBAL REINSURANCE BROKERS BY GROSS REINSURANCE REVENUES, 2013 (1)

($000)

Rank Company Gross reinsurance revenues Country
1 Aon Benfield $1,505,000 U.K.
2 Guy Carpenter & Co. L.L.C. (2) 1,131,267 U.S.
3 Willis Re 860,000 U.K.
4 JLT Reinsurance Brokers Ltd. 375,869 U.K.
5 Cooper Gay Swett & Crawford Ltd. 158,466 U.K.
6 Miller Insurance Services L.L.P. (3) 93,528 U.K.
7 UIB Holdings Ltd. (2) 67,463 U.K.
8 THB Group Ltd.  58,094 U.K.
9 BMS Group Ltd. 54,300 U.K.
10 Lockton Re (3) 46,029 U.K.

(1) Includes all reinsurance revenue reported through holding and/or subsidiary companies.
(2) Includes aviation reinsurance business placed by Marsh L.L.C.
(3) Fiscal year ending April 30.

Source: Business Insurance (www.businessinsurance.com), October 27, 2014.

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TOP 20 MOST COSTLY WORLD INSURANCE LOSSES, 2014 (1)

($ millions)

Rank Date Country Event Insured loss
in U.S. dollars
1 May 18 U.S. Severe thunderstorms, large hail $2,935
2 Feb. 8 Japan Snow storm 2,502
3 Jun. 8 France, Germany, Belgium Wind and hailstorm Ela 2,190
4 Sep. 14 Mexico Hurricane Odile 1,700
5 Jan. 5 U.S. Winter storm 1,669
6 Jun. 3 U.S. Severe thunderstorms, large hail, tornadoes 1,269
7 Apr. 27 U.S. Thunderstorms, large hail, 83 tornadoes,
severe flash floods
1,220
8 Apr. 2 U.S. Severe storms, large hail, tornadoes 1,084
9 Jun. 15 Russia Major fire and explosion at oil refinery NA
10 Sep. 27 U.S. Thunderstorms with winds up to 67 miles per hour,
hail, flash floods
905
11 Nov. 30  Australia Hailstorm 852
12 Apr. 12 U.S. Thunderstorms, large hail, tornadoes 678
13 Jul. 7 U.S. Fire at petrochemical plant NA
14 May 10 U.S. Thunderstorms, hail, tornadoes, flashfloods 635
15 Oct. 12 India Cyclone Hudhud 632
16 Mar. 27 U.S. Thunderstorms, winds up to 80 miles per hour,
large hail, tornadoes
592
17 Jun. 14 U.S. Thunderstorms, more than 100 tornadoes, hail 545
18 Aug. 11 U.S. Torrential rains trigger severe floods 539
19 Jul. 13 Libyan Arab Jamahiriya Fighting at airport destroys aircrafts NA
20 Jan. 1 U.K. Floods 530

(1) Property and business interruption losses, excluding life and liability losses. Includes flood losses in the U.S. insured via the National Flood Insurance Program. Loss data shown here may differ from figures shown elsewhere for the same event due to differences in the date of publication, the geographical area covered and other criteria used by organizations collecting the data.

NA=Data not available.

Source: Swiss Re, sigma, No. 2/2015; Property Claim Services (PCS), a Verisk Analytics business, insured losses for natural catastrophes in the United States.

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TOP 10 MOST COSTLY WORLD INSURANCE LOSSES, 1970-2014 (1)

(2014 $ millions)

Rank Date Country Event Insured loss
1 Aug. 25, 2005 U.S., Gulf of Mexico, Bahamas Hurricane Katrina, storm surge, damage to oil rigs $78,638
2 Mar. 11, 2011 Japan Earthquake (Mw 9.0) triggers tsunami 36,828
3 Oct. 24, 2012 U.S., Caribbean Hurricane Sandy, massive storm surge 36,079
4 Aug. 23, 1992 U.S., Bahamas Hurricane Andrew, floods 26,990
5 Sep. 11, 2001 U.S. Terror attacks on WTC, Pentagon and other buildings 25,104
6 Jan. 17, 1994 U.S. Northridge earthquake (M 6.6) 22,355
7 Sep. 6, 2008 U.S., Gulf of Mexico, Caribbean, et al. Hurricane Ike 22,258
8 Feb. 22, 2011 New Zealand Earthquake (Mw 6.3), aftershocks 16,836
9 Sep. 2, 2004 U.S., Caribbean; Barbados, et al. Hurricane Ivan,  damage to oil rigs 16,157
10 Jul. 27, 2011 Thailand Floods caused by heavy monsoon rains 15,783

(1) Property and business interruption losses, excluding life and liability losses. Includes flood losses in the United States insured via the National Flood Insurance Program. Adjusted to 2014 dollars by Swiss Re.

Note: Loss data shown here may differ from figures shown elsewhere for the same event due to differences in the date of publication, the geographical area covered and other criteria used by organizations collecting the data.

Source: Swiss Re, sigma, No. 2/2015.

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