Don’t be mistaken that all insurances are equal and don’t be guided by the prices charged as a guide to getting the best insurance cover. Make sure that you understand everything and remember that, accidents do happen and properties can be destroyed in the split of a second. And when this happens, it will only take the best insurance companies in the world for you to be sorted out. Avoid quarks and ensure the best. When you are thinking insurance, make sure that the company is financially sound with adequate capitalization, and conservative investment. The company should be offering products which are tailored to your needs. Check out on their claim services as they are extremely important.
Here are our top 10 best insurance companies in the world:
10. Zurich Insurance
It is one of the leading companies in the world which operates all over the world. Its mission is to help its customers to realize and protect themselves from uncertain risks. It is the world’s largest company and one of the best insurance companies in the world with $45.4 billion shareholder equity. It is spread in over 170 countries and has employed over 60,000 people. It provides quality services to its customers.
9. AIA Group
It is one of the best insurance companies in the world which originated in the Hong Kong. It operates in countries such as China, Australia, Korea, New Zealand, Malaysia, East Asia, Singapore, South Asian Countries, and Thailand. It has employed more than 21,000 people. It offers insurance services in wealth management plans, credit insurance, retirement schemes, investment and saving services.
It is a multinational insurance company which has its headquarters in New York and provides annuities, employee benefit programs, and provides insurance. It has over 66,000 employees in more than 60 countries. It is found in the United States of America, Asia’s Pacific religion, Latin America, Japan , and the Middle East. It offers auto insurance, life insurance, disability income insurance, accident insurance, credit insurance, health insurance, and home insurance. Its equity is $63 billion.
It leads in life insurance, property, casualty, retirement and general insurance. It serves more than 70 million clients in more than 130 countries. It has a market capital of $78.48 billion and is the most preferred firm over the world. Some of the individual services offered include lifestyle insurance, accident insurance, motor insurance and travel insurance.
6. ING Group
ING is a Dutch financial and banking services corporation whose business is in insurance services, direct banking, investment banking, retail banking, commercial banking, asset management, and commercial banking. Its headquarter is in Amsterdam and provides services in over 40 countries with a workforce of over 85,000. Its equity is at $63.22 billion.
AXA is a multinational, investment banking group which is headquartered in Paris which offers services in capital management, investment banking, insurance and other financial services. It has a workforce of up to 102,960 with primary insurance in Life and Savings, Asset Management, Property & Casualty, and Asset management. Its equity is at $61.55 billion, with its operation spread all over the world.
4. Ping An Insurance
Ping An is a China-based insurance, which provides insurance in property and casualty insurance, life insurance, banking service, corporate and securities. It has a market capitalization of $65 billion and it has its headquarters in Shanghai and Shenzhen. It is one of the biggest insurance companies located in the Asian region. It has employed 190,000 people who are serving to provide customers with quality services.
3. Allianz Insurance
The Allianz is an insurance company with German origins. It is a multinational corporation with an equity holding of $76 billion. It has employed over 147,000 people to man their services. It operates in over 70 countries worldwide and is considered to be one of the best insurance companies in the world. It is approximated to be serving over 80 million customers with personal insurances which include health, life, motor, home and and family insurance. It also serves small, medium, and large sized corporation where they provide them with asset management plans, credit insurance, and firm insurance policies.
2. China Life Insurance
China Life insurance has its headquarters in Beijing and offers casualty and property insurance, life insurance, pension plans, industrial, investment, asset management, and provides also non-participating and participating life insurance and annuities to individuals. It has a market share of $80 billion, making it one of the world best insurance companies. It has some customized plans, efficient claims and policy responses enable it to be among the best in the world.
1. Berkshire Hathaway Insurance
The Berkshire insurance company has its headquarters in the United States, Nebraska, and Omaha and has over 302,000 employees. Its equity share is at $224 billion. It is the owner of GEICO, BNSF, Lubrizol, Helzberg Diamonds, Dairy Queens, NetJets, and Flight Safety International. It has both public and private policies which attract many customers with reliable and easy claim procedures.
Choose the best out of the 10 best insurance companies in the world