Rating of the largest insurance companies in the world

Rating of the largest insurance companies in the world

Rating of the largest insurance companies in the world in an environment where over the past few months, those business institutions that over the years is a guarantee of prosperity, or even turned into ruins, or in a very desperate situation, insurance has become of particular importance. Those wishing to insure their not only their lives, health, safety, and their life savings, has increased. However, the insurance industry is not so simple - the global financial crisis touched her the most direct way, the income of insurance companies are declining. Many suffer losses and even cease to exist. So what are the most reliable companies that have the most solid capital.



What is the company everyone is free to decide for itself, but to get acquainted with the rating of the world's largest insurers can not hurt. So, before you a dozen of the largest insurance companies in the world by the end of 2008.

In the first place in terms of capitalization (172 billion dollars) by a wide margin from the rest is American International Group (AIG). The company holds the 2nd place in the world of real estate and insurance against accidents and 1st place in the US life insurance. The insurance giant has about 100,000 employees and operates approximately 50 million customers in more than 100 countries. However, with all the solidity indicators AIG is one of the most affected by the crisis, insurance companies: for example, by the middle of last year, losses amounted to more than 13 billion US dollars. At the end of 2008, the US government in order to avoid the collapse of the company decided to allocate its loan total size of $ 182 billion in exchange for a nearly 80% stake in AIG.

Rating of the largest insurance companies in the world

The second line of a rating (from 66 billion dollars in the "capitalization") took the French company AXA Group, one of the world leaders in insurance investments. Number of employees to top this year was equal to 135 thousand, and the number counted 65 million customers. The French insurance company's business in recent years things are not much better than the AIG: in 2008, its basic earnings amounted to about 4 billion euros and net profit of AXA Group a little not reached to a value of one billion euros, focusing on the figure of 923 million.

Closes the top three German insurance giant Allianz Worldwide, lags behind the French in terms of capitalization only half (65, 5 billion). Experts give moderately optimistic forecasts regarding the activity of the company: it is expected that the company will keep its position in the key markets of the UK and Germany, and actively compete for emerging markets, the level of capitalization of Allianz Worldwide will remain high.

Rating of the largest insurance companies in the world

What follows is a Canadian company Manulife, which has a good position in the Asian market. A sound business strategy enabled the company to achieve a capitalization of $ 50 billion. Primarily focused on Manulife Financial insurance and life insurance. Despite the fact that in comparison with the higher ranking competitors in the number of its employees (20 thousand) and geography of work (about 20 countries) does not strike the imagination, its position is recognized as one of the most stable in the global insurance market.

Fifth place among representatives of the Italian insurance company Generali Group (capitalization $ 45 billion). Business interests are not limited to the borders of Italy and the European Union: it conducts business in 60 countries around the world. It should be noted attention to Generali Group in the Russian market: in 2007, the Italians are the shareholders of "Ingosstrakh", and in early 2009 began the procedure for the acquisition of a trading network "Eldorado".

Not only the rich AIG American soil: the sixth line in reytnge takes the company from the US Prudential Financial, the asset of which is almost 40 billion "capitalized" dollars. The company operates in the insurance and investment (primarily in the construction industry) in Latin America, Asia and Europe.

Rating of the largest insurance companies in the world

In seventh place is also located by representatives of the American business insurance company MetLife: its capitalization amounted to nearly 38 billion dollars. The company has been operating for over 140 years and in the interests of both the scope of its services to the life insurance and reinsurance, insurance and financial transactions and deposits. MetLife's client base includes about 70 million people and organizations, allowing it to make a profit even in a crisis: for the first 9 months of 2008, net profit amounted to 2.22 billion dollars. By mid-April 2009, the management of MetLife felt confident enough to give up the government credit granted in the framework of the rescue of the US financial sector.

British Aviva in eighth place in the ranking, its capitalization totals $ 33 billion. The company is a leader in life insurance and pension insurance in the European Union. The priority business for Aviva considered long-term insurance. The number of customers of more than 45 million; the number of employees reaches 60 thousand people.

German Munich Re Group occupies only a modest ninth place ($ 31 billion in the "capitalization"). The company is one of the leaders of the German insurance market and the world leader in the field of reinsurance. Munich Re Group prefers to work with large clients (so their number has ridiculous at first glance, 5000, almost all customers - other insurance companies), but the geography of her interests is wide and extends to 160 countries.

Rounding out our list of the largest insurance companies in the world Dutch Aegon, specializing primarily on market capitalization and insurance assets: its level of capitalization is 26 billion dollars. The company is also active in the life insurance business. First Aegon operates on the national market, as well as the US and UK. The company employs about 30 thousand people.