Largest insurance companies by market capitalization

Insurance companies form a cornerstone of the global financial services sector, providing essential risk protection and investment products across life, property & casualty, health, and reinsurance categories. These organizations are primarily listed on major exchanges including NYSE, SIX Swiss Exchange, Euronext Paris, Hong Kong Stock Exchange, and Tokyo Stock Exchange. They generate revenue through insurance premiums and investment activities, maintaining complex capital structures to meet regulatory requirements across multiple jurisdictions while managing substantial asset portfolios.

Leading global insurance providers offer distinct financial characteristics:

  • Protection ecosystem: Providers of indispensable coverage across personal, commercial, and specialty risks with uniquely predictable premium revenue cycles through renewal activities.
  • Strategic diversification: Leaders in life protection (AIA Group), property & casualty coverage (Allianz), reinsurance solutions (Swiss Re), and health insurance (UnitedHealth).
  • Capital reservoir strength: Substantial investment portfolios and reinsurance contracts enabling effective loss absorption and consistent shareholder returns.

Industry leader Allianz demonstrates sector heritage – founded in 1890 and now protecting over 126 million customers in 70+ countries. Swiss Re exemplifies innovative risk transfer through catastrophe bonds managing exposure exceeding $30 billion annually. Their economic significance is substantial: the top 10 global insurers collectively manage investment assets above $6.5 trillion through balance sheets beyond most banking entities. Asia-Pacific growth remains particularly notable where AIA Group expanded policyholder count by 7% annually throughout the past decade.

Insurance specialists exhibit investable resilience through economic downturns as protection needs endure despite challenging market conditions. Munich Re maintained uninterrupted dividends for fifty consecutive years while distributing over €25 billion to shareholders in the past decade. The industry continues transforming digitally: Chinese insurer Ping An deploys AI across claims processing to achieve 90% automation rates within milliseconds. UnitedHealth diversifies revenue beyond insurance through Optum Health services, which generated $78 billion revenue representing 35% of aggregate revenues. Solvency remains tightly regulated; Swiss Re targets capital adequacy ratios above 220% under Solvency II frameworks that far exceed minimum regulatory requirements. Strategic premium discipline persists globally with European non-life insurers achieving price index growth of structure pertained by regional networks.

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The following table contains a list of the largest global publicly traded insurance companies by market capitalization, excluding those primarily listed on UK exchanges. These companies are primarily traded on non-UK markets including NYSE, SIX Swiss Exchange, Euronext Paris, Hong Kong Stock Exchange, and Tokyo Stock Exchange. The list includes only publicly traded companies, and the presented data (price, market cap) are regularly updated to reflect the current market situation.

Top insurance companies
StockPriceChange %Marketcap
$282.7019.61%256.08B
$208.080.04%121.98B
$322.9214.33%72.71B
ALV.DE
Allianz
ALV.DE
$433.800.03%167.25B
$301.470.67%120.19B
$6.970.10%0.1969T
$270.093.68%72.15B
$9.330.64%0.169T
1299.HK
AIA
1299.HK
$11.301.91%118.20B
CS.PA
AXA
CS.PA
$44.840.40%93.74B
$697.790.18%100.47B
$8.840.37%0.0559T
$36.151.05%0.0688T
$606.810.83%79.74B
AON
Aon
AON
$330.752.40%71.32B
$242.335.12%62.23B
$73.870.11%40.92B
$76.690.62%51.00B
$281.270.16%62.74B
$37.370.67%62.98B
$194.770.64%51.32B
$107.421.43%37.81B
$41.5310.26%20.41B
$39.460.15%59.35B
$207.9321.13%25.01B
$93.460.26%34.88B
SREN.SW
Swiss Re
SREN.SW
$157.210.25%46.23B
$6.410.84%61.66B
$62.830.62%35.00B
KBCSF
KBC
KBCSF
$135.350.00%59.07B
$183.582.60%32.62B
$281.200.08%33.91B
$130.310.33%36.34B
$46.740.45%42.40B
$24.941.79%0.0368T
$1.310.33%57.87B
$32.771.93%41.39B
$1,641.512.59%36.50B
$314.322.39%30.66B
$74.126.91%25.31B
$2.400.40%0.0353T
$8.540.83%0.031T
$2,012.361.04%25.46B
$272.502.87%14.25B
SAMPO.HE
Sampo
SAMPO.HE
$11.150.71%29.62B
$184.128.42%9.98B
$67.230.52%25.55B
$92.230.83%20.55B
SLHN.SW
Swiss Life
SLHN.SW
$1,078.070.94%30.76B
$33.682.48%0.0304T
TLX.DE
Talanx
TLX.DE
$124.090.38%32.04B
$30.220.49%15.24B
$157.860.08%24.69B
$13.561.41%20.41B
$22.260.17%0.0223T
$323.940.97%13.60B
AV.L
Aviva
AV.L
$8.560.19%0.2603B
$54.530.49%14.80B
HDFCLIFE.NS
HDFC Life
HDFCLIFE.NS
$7.860.08%0.0169T
SUN.AX
Suncorp
SUN.AX
$11.460.48%12.42B
$196.610.99%12.99B
$77.520.06%20.36B
$45.930.41%13.76B
UHAL
U-Haul
UHAL
$56.781.30%10.79B
TRYG.CO
Tryg
TRYG.CO
$24.120.20%14.50B
$7.000.27%13.59B
$46.740.60%12.65B
$0.75340.00%11.81B
$274.390.46%12.91B
$7.720.77%11.76B
$19.761.74%17.07B
$133.002.51%0.0239T
$11.860.71%37.01B
$127.850.13%10.66B
$72.060.90%15.05B
$41.600.71%6.24B
$36.380.61%0.1087B
UNM
Unum
UNM
$75.860.69%12.92B
ICICIPRULI.NS
ICICI Prulife
ICICIPRULI.NS
$7.040.33%10.20B
$5.040.68%11.92B
ICICIGI.NS
ICICI Lombard
ICICIGI.NS
$19.860.86%9.89B
$237.051.36%11.96B
$24.130.03%0.0117T
AGS.BR
ageas
AGS.BR
$69.290.69%13.21B
$386.673.91%9.01B
$38.700.10%9.58B
$28.171.03%14.08B
$137.390.50%11.13B
$0.00000.00%0.0000
SLM.JO
Sanlam
SLM.JO
$6.470.20%0.135B
MAP.MC
Mapfre
MAP.MC
$4.591.04%14.07B
$256.160.23%8.30B
$30.420.19%0.0111T
$4.040.78%7.08B
$57.321.98%5.27B
POLICYBZR.NS
PB Fintech
POLICYBZR.NS
$17.610.88%8.17B
$22.110.08%15.86B
$10.031.45%0.1005B
MPL.AX
Medibank
MPL.AX
$3.160.33%8.71B
$3.780.60%9.90B
$12.220.45%11.57B
$121.261.04%11.25B
$35.952.28%5.38B
SCR.PA
Scor
SCR.PA
$32.020.07%5.73B
$80.621.41%4.91B
$62.250.21%6.13B
$102.510.56%8.01B
$115.320.95%8.03B
$64.730.19%6.60B
BEZ.L
Beazley
BEZ.L
$15.510.53%0.0914B
$14.885.22%4.28B
HSX.L
Hiscox
HSX.L
$20.900.66%0.068B
$40.870.80%7.76B
$39.280.53%5.79B
$170.040.60%6.08B
$2,052.441.18%5.22B
$33.050.60%4.48B
$0.00000.00%0.0000
$83.021.03%3.95B
$1.591.09%2.61B
$3.610.10%4.02B
$14.340.71%0.0965B
$78.972.47%10.11B
$22.210.77%2.22B
$17.501.82%6.04B
KMPR
Kemper
KMPR
$38.420.21%2.41B
PSSA3.SA
Porto Seguro
PSSA3.SA
$9.341.65%5.98B
$3.200.89%11.51B
$85.211.80%4.72B
$0.00000.00%0.0000
$12.142.88%4.17B
$41.020.75%3.98B
$8.241.08%3.38B
ALMB.CO
Alm. Brand
ALMB.CO
$2.900.66%4.09B
$64.170.23%3.67B
$0.37810.85%4.33B
$12.831.12%4.44B
$18.501.30%5.73B
$38.240.31%2.97B
$2.170.35%3.66B
$49.252.58%5.48B
$0.95130.33%0.04B
COFA.PA
Coface
COFA.PA
$18.390.98%2.75B
$63.586.88%2.39B
$18.670.85%1.96B
AUB.AX
AUB Group
AUB.AX
$20.795.77%2.42B
$19.771.38%2.31B
$121.874.01%3.26B
$44.410.65%0.0913B
$55.230.00%4.55B
SNT.JO
Santam
SNT.JO
$26.480.08%0.0289B
$27.201.38%2.70B
$2.371.38%0.0305B
$31.580.35%1.50B
$42.900.60%1.75B
$44.973.25%1.99B
$76.070.96%1.13B
$152.154.10%1.97B
$87.752.37%6.56B
$43.491.34%1.02B
$31.762.01%1.37B
$69.850.56%1.08B
$3.551.14%0.49B
$36.731.48%697.53M
RELIGARE.NS
Religare
RELIGARE.NS
$2.492.02%0.8294B
$142.500.00%1.64B
$23.181.57%846.37M
$24.200.33%1.24B
$3.130.43%0.3987B
$7.860.34%1.34B
$33.490.15%953.65M
$24.531.13%1.06B
$17.270.40%653.22M
$34.810.57%888.15M
$29.242.01%828.03M
$10.851.63%529.10M
$1.120.00%0.5156B
$3.200.00%255.21M
HIPO
Hippo
HIPO
$30.890.16%782.60M
$13.540.52%463.04M
$28.741.83%411.65M
$1.671.76%616.13M
$18.171.84%665.78M
$0.6221.04%0.5748B
$0.36260.22%0.5601B
MBI
MBIA
MBI
$6.450.78%325.68M
$6.582.08%302.46M
$13.210.38%273.12M
$253.411.31%478.33M
$36.930.35%361.88M
$2.980.09%136.96M
$25.401.89%787.85M
$1.700.16%0.2803B
$0.12250.00%0.2406B
VVV3.DE
ÖKOWORLD
VVV3.DE
$31.830.00%224.19M
$13.350.15%381.98M
$2.203.51%63.17M
$3.110.00%124.49M
$2.640.20%79.21M
$0.8850.00%102.21M
$5.522.99%277.64M
$0.21972.02%106.14M
$15.131.18%214.05M
$0.47380.58%99.81M
$0.080.00%145.48K