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Top 10 Global Insurance Companies By Revenues, 2023 (1)

(US$ millions)
Rank Company Revenues  Country Industry
1 Berkshire Hathaway $364,482 United States Property/casualty
2 Ping An Insurance 145,759 China Life/health
3 China Life Insurance 139,616 China Life/health
4 Allianz 113,518 Germany Life/health
5 State Farm Insurance 104,199 United States Property/casualty
6 Life Insurance Corp. of India 103,548 India Life/health
7 AXA 90,406 France Life/health
8 Nippon Life Insurance 83,090 Japan Life/health
9 Japan Post Holdings 82,906 Japan Life/health
10 People’s Insurance Co. of China 78,182 China Property/casualty

(1) Based on an analysis of companies in the Global Fortune 500. Includes stock and mutual companies.

Source: Fortune.

Top 10 Global Insurance Companies By Revenues, 2022 (1)

(US$ millions)
Rank Company Revenues Country Industry
1 Berkshire Hathaway $302,089 United States Property/casualty
2 Ping An Insurance 181,566 China Life/health
3 China Life Insurance 151,487 China Life/health
4 Allianz 129,059 Germany Life/health
5 AXA 109,067 France Life/health
6 Life Insurance Corp. of India 98,535 India Life/health
7 People’s Insurance Co. of China 91,535 China  Property/casualty
8 State Farm Insurance 89,328 United States Property/casualty
9 Assicurazioni Generali 85,750 Italy Life/health
10 Japan Post Holdings 82,291 Japan Life/health

(1) Based on an analysis of companies in the Global Fortune 500. Includes stock and mutual companies.

Source: Fortune.

Top 10 Global Insurance Companies By Revenues, 2021 (1)

(US$ millions)
Rank Company Revenues Country Industry
1 Berkshire Hathaway $276,094 United States Property/casualty
2 Ping An Insurance 199,629 China Life/health
3 China Life Insurance 157,095 China Life/health
4 Allianz 144,516 Germany Life/health
5 AXA 144,446 France Life/health
6 Assicurazioni Generali 117,155 Italy Life/health
7 Japan Post Holdings 100,278 Japan Life/health
8 Life Insurance Corp. of India 97,266 India Life/health
9 People’s Insurance Co. of China 92,182 China  Property/casualty
10 Munich Re 93,051 Germany Property/casualty

(1) Based on an analysis of companies in the Global Fortune 500. Includes stock and mutual companies.

Source: Fortune.

Top 10 Global Insurance Companies By Revenues, 2020 (1)

(US$ millions)
Rank Company Revenues Country Industry
1 Berkshire Hathaway $245,510 United States Property/casualty
2 Ping An Insurance 191,509 China Life/health
3 China Life Insurance 144,589 China Life/health
4 Allianz 136,173 Germany Life/health
5 AXA 128,011 France Life/health
6 Japan Post Holdings 110,561 Japan Life/health
7 Assicurazioni Generali 97,129 Italy Life/health
8 People’s Insurance Co. of China 84,290 China  Property/casualty
9 State Farm 78,898 United States Property/casualty
10 Nippon Life Insurance 76,984 Japan Life/health

(1) Based on an analysis of companies in the Global Fortune 500. Includes stock and mutual companies.

Source: Fortune.

Top 10 Global Insurance Companies By Revenues, 2019 (1)

(US$ millions)
Rank Company Revenues Country Industry
1 Berkshire Hathaway $254,616 United States Property/casualty
2 Ping An Insurance 184,280 China Life/health
3 AXA 148,494 France Life/health
4 China Life Insurance 131,244 China Life/health
5 Allianz 130,359 Germany Life/health
6 Japan Post Holdings 109,915 Japan Life/health
7 Assicurazioni Generali 105,921 Italy Life/health
8 Prudential 93,736 United Kingdom Life/health
9 Legal & General Group 90,615 United Kingdom Life/health
10 Aviva 89,647 United Kingdom Life/health

(1) Based on an analysis of companies in the Global Fortune 500. Includes stock and mutual companies.

Source: Fortune.

Top 10 Global Insurance Companies By Revenues, 2018 (1)

(US$ millions)
Rank Company Revenues Country Industry
1 Berkshire Hathaway $247,837 U.S. Property/casualty
2 Ping An Insurance 163,597 China Life/health
3 Allianz 126,800 Germany Property/casualty
4 AXA 125,578 France Life/health
5 China Life Insurance 116,172 China Life/health
6 Japan Post Holdings 115,221 Japan Life/health
7 Assicurazioni Generali 88,157 Italy Life/health
8 State Farm Insurance Cos. 81,732 U.S.  Property/casualty
9 People’s Insurance Company of China 75,377 China Property/casualty
10 Nippon Life Insurance 74,202 Japan Life/health

(1) Based on an analysis of companies in the Global Fortune 500. Includes stock and mutual companies.

Source: Fortune.

Top 10 Global Insurance Companies By Revenues, 2017 (1)

(US$ millions)
Rank Company Revenues Country Industry
1 Berkshire Hathaway $242,137 U.S. Property/casualty
2 AXA 149,461 France Life/health
3 Ping An Insurance 144,197 China Life/health
4 Allianz 123,532 Germany Property/casualty
5 China Life Insurance 120,224 China Life/health
6 Japan Post Holdings 116,616 Japan Life/health
7 Prudential 111,458 U.K. Life/health
8 Assicurazioni Generali 100,552 Italy Life/health
9 State Farm Insurance Cos. 78,331 U.S.  Property/casualty
10 People’s Insurance Company of China 71,579 China Property/casualty

(1) Based on an analysis of companies in the Global Fortune 500. Includes stock and mutual companies.

Source: Fortune.

Top 10 Global Insurance Companies By Revenues, 2016 (1)

(US$ millions)
Rank Company Revenues Country Industry
1 Berkshire Hathaway $223,604 U.S. Property/casualty
2 AXA 143,722 France Life/health
3 Japan Post Holdings 122,990 Japan Life/health
4 Allianz 122,196 Germany Property/casualty
5 Ping An Insurance 116,581 China Life/health
6 Legal & General Group 105,235 U.K. Life/health
7 China Life Insurance 104,818 China Life/health
8 Prudential 96,965 U.K. Life/health
9 Assicurazioni Generali 95,217 Italy Life/health
10 State Farm Insurance Cos. 76,132 U.S. Property/casualty

(1) Based on an analysis of companies in the Global Fortune 500. Includes stock and mutual companies.

Source: Fortune.

Top 10 Global Insurance Companies By Revenues, 2015 (1)

(US$ millions)
Rank Company Revenues  Country Industry
1 Berkshire Hathaway $210,821 U.S. Property/casualty
2 AXA 129,250 France Life/health
3 Allianz 122,948 Germany Property/casualty
4 Japan Post Holdings 118,762 Japan Life/health
5 Ping An Insurance 110,308 China Life/health
6 Assicurazioni Generali 102,567 Italy Life/health
7 China Life Insurance 101,274 China Life/health
8 State Farm Insurance Cos. 75,697 U.S.  Property/casualty
9 MetLife 69,951 U.S. Life/health
10 Munich Re 69,433 Germany Property/casualty

(1) Based on an analysis of companies in the Global Fortune 500. Includes stock and mutual companies.

Source: Fortune.

Top 10 Global Insurance Companies By Revenues, 2014 (1)

(U.S., $ 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.

TOP 10 GLOBAL INSURANCE COMPANIES BY REVENUES, 2013 (1)

($ millions)
Rank Company Revenues Country Industry
1 Berkshire Hathaway $182,150.0 U.S. Property/casualty
2 AXA 165,893.5 France Life/health
3 Japan Post Holdings 152,125.8 Japan Life/health
4 Allianz 134,636.1 Germany Property/casualty
5 UnitedHealth Group 122,489.0 U.S. Health
6 Assicurazioni Generali 115,224.4 Italy Life/health
7 Munich Re Group 83,844.8 Germany Property/casualty
8 Prudential 81,867.7 U.K. Life/health
9 China Life Insurance 80,909.4 China Life/health
10 Zurich Insurance Group 72,045.0 Switzerland Property/casualty

(1) Based on an analysis of companies in the Global Fortune 500. Includes stock and mutual companies.

Source: Fortune.