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.
Regulated brokerThe 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.
| Stock | Price | Change % | Marketcap |
|---|---|---|---|
UnitedHealth UNH | $282.70 | 19.61% | 256.08B |
Progressive PGR | $208.08 | 0.04% | 121.98B |
| $322.92 | 14.33% | 72.71B | |
Allianz ALV.DE | $433.80 | 0.03% | 167.25B |
Chubb CB | $301.47 | 0.67% | 120.19B |
China Life Insurance 601628.SS | $6.97 | 0.10% | 0.1969T |
Cigna CI | $270.09 | 3.68% | 72.15B |
Ping An Insurance 601318.SS | $9.33 | 0.64% | 0.169T |
AIA 1299.HK | $11.30 | 1.91% | 118.20B |
AXA CS.PA | $44.84 | 0.40% | 93.74B |
Zurich Insurance Group ZURN.SW | $697.79 | 0.18% | 100.47B |
| $8.84 | 0.37% | 0.0559T | |
Tokio Marine 8766.T | $36.15 | 1.05% | 0.0688T |
Munich RE (Münchener Rück) MUV2.DE | $606.81 | 0.83% | 79.74B |
Aon AON | $330.75 | 2.40% | 71.32B |
| $242.33 | 5.12% | 62.23B | |
| $73.87 | 0.11% | 40.92B | |
MetLife MET | $76.69 | 0.62% | 51.00B |
| $281.27 | 0.16% | 62.74B | |
| $37.37 | 0.67% | 62.98B | |
Allstate ALL | $194.77 | 0.64% | 51.32B |
| $107.42 | 1.43% | 37.81B | |
Centene CNC | $41.53 | 10.26% | 20.41B |
Generali G.MI | $39.46 | 0.15% | 59.35B |
Humana HUM | $207.93 | 21.13% | 25.01B |
Arch Capital ACGL | $93.46 | 0.26% | 34.88B |
Swiss Re SREN.SW | $157.21 | 0.25% | 46.23B |
China Pacific Insurance 601601.SS | $6.41 | 0.84% | 61.66B |
| $62.83 | 0.62% | 35.00B | |
KBC KBCSF | $135.35 | 0.00% | 59.07B |
Intact Financial IFC.TO | $183.58 | 2.60% | 32.62B |
Hannover Rück HNR1.DE | $281.20 | 0.08% | 33.91B |
The Hartford HIG | $130.31 | 0.33% | 36.34B |
Great-West Lifeco GWO.TO | $46.74 | 0.45% | 42.40B |
MS&AD Insurance 8725.T | $24.94 | 1.79% | 0.0368T |
| $1.31 | 0.33% | 57.87B | |
Prudential PUK | $32.77 | 1.93% | 41.39B |
Fairfax Financial FFH.TO | $1,641.51 | 2.59% | 36.50B |
| $314.32 | 2.39% | 30.66B | |
| $74.12 | 6.91% | 25.31B | |
Cathay Financial Holding 2882.TW | $2.40 | 0.40% | 0.0353T |
Dai-ichi Life Holdings 8750.T | $8.54 | 0.83% | 0.031T |
Markel MKL | $2,012.36 | 1.04% | 25.46B |
Erie Indemnity ERIE | $272.50 | 2.87% | 14.25B |
Sampo SAMPO.HE | $11.15 | 0.71% | 29.62B |
| $184.12 | 8.42% | 9.98B | |
| $67.23 | 0.52% | 25.55B | |
Principal PFG | $92.23 | 0.83% | 20.55B |
Swiss Life SLHN.SW | $1,078.07 | 0.94% | 30.76B |
Sompo Holdings 8630.T | $33.68 | 2.48% | 0.0304T |
Talanx TLX.DE | $124.09 | 0.38% | 32.04B |
| $30.22 | 0.49% | 15.24B | |
| $157.86 | 0.08% | 24.69B | |
QBE Insurance QBE.AX | $13.56 | 1.41% | 20.41B |
SBI Life Insurance SBILIFE.NS | $22.26 | 0.17% | 0.0223T |
| $323.94 | 0.97% | 13.60B | |
Aviva AV.L | $8.56 | 0.19% | 0.2603B |
| $54.53 | 0.49% | 14.80B | |
HDFC Life HDFCLIFE.NS | $7.86 | 0.08% | 0.0169T |
Suncorp SUN.AX | $11.46 | 0.48% | 12.42B |
| $196.61 | 0.99% | 12.99B | |
NN Group NN.AS | $77.52 | 0.06% | 20.36B |
| $45.93 | 0.41% | 13.76B | |
U-Haul UHAL | $56.78 | 1.30% | 10.79B |
Tryg TRYG.CO | $24.12 | 0.20% | 14.50B |
BB Seguridade Participações BBSE3.SA | $7.00 | 0.27% | 13.59B |
| $46.74 | 0.60% | 12.65B | |
Taiwan Cooperative Financial 5880.TW | $0.7534 | 0.00% | 11.81B |
| $274.39 | 0.46% | 12.91B | |
AEGON AEG | $7.72 | 0.77% | 11.76B |
| $19.76 | 1.74% | 17.07B | |
Samsung Life Insurance 032830.KS | $133.00 | 2.51% | 0.0239T |
New China Life Insurance 601336.SS | $11.86 | 0.71% | 37.01B |
| $127.85 | 0.13% | 10.66B | |
ASR Nederland ASRNL.AS | $72.06 | 0.90% | 15.05B |
| $41.60 | 0.71% | 6.24B | |
Admiral Group ADM.L | $36.38 | 0.61% | 0.1087B |
Unum UNM | $75.86 | 0.69% | 12.92B |
ICICI Prulife ICICIPRULI.NS | $7.04 | 0.33% | 10.20B |
| $5.04 | 0.68% | 11.92B | |
ICICI Lombard ICICIGI.NS | $19.86 | 0.86% | 9.89B |
Assurant AIZ | $237.05 | 1.36% | 11.96B |
T&D Holdings 8795.T | $24.13 | 0.03% | 0.0117T |
ageas AGS.BR | $69.29 | 0.69% | 13.21B |
| $386.67 | 3.91% | 9.01B | |
| $38.70 | 0.10% | 9.58B | |
Gjensidige Forsikring GJF.OL | $28.17 | 1.03% | 14.08B |
| $137.39 | 0.50% | 11.13B | |
| $0.0000 | 0.00% | 0.0000 | |
Sanlam SLM.JO | $6.47 | 0.20% | 0.135B |
Mapfre MAP.MC | $4.59 | 1.04% | 14.07B |
Primerica PRI | $256.16 | 0.23% | 8.30B |
Japan Post Insurance 7181.T | $30.42 | 0.19% | 0.0111T |
| $4.04 | 0.78% | 7.08B | |
RLI Corp. RLI | $57.32 | 1.98% | 5.27B |
PB Fintech POLICYBZR.NS | $17.61 | 0.88% | 8.17B |
Unipol Gruppo UNI.MI | $22.11 | 0.08% | 15.86B |
Phoenix Group PHNX.L | $10.03 | 1.45% | 0.1005B |
Medibank MPL.AX | $3.16 | 0.33% | 8.71B |
Aditya Birla Capital ABCAPITAL.NS | $3.78 | 0.60% | 9.90B |
Great Eastern G07.SI | $12.22 | 0.45% | 11.57B |
iA Financial IAG.TO | $121.26 | 1.04% | 11.25B |
| $35.95 | 2.28% | 5.38B | |
Scor SCR.PA | $32.02 | 0.07% | 5.73B |
| $80.62 | 1.41% | 4.91B | |
Essent Group ESNT | $62.25 | 0.21% | 6.13B |
AXIS Capital AXS | $102.51 | 0.56% | 8.01B |
| $115.32 | 0.95% | 8.03B | |
| $64.73 | 0.19% | 6.60B | |
Beazley BEZ.L | $15.51 | 0.53% | 0.0914B |
Oscar Health OSCR | $14.88 | 5.22% | 4.28B |
Hiscox HSX.L | $20.90 | 0.66% | 0.068B |
| $40.87 | 0.80% | 7.76B | |
| $39.28 | 0.53% | 5.79B | |
| $170.04 | 0.60% | 6.08B | |
| $2,052.44 | 1.18% | 5.22B | |
Radian Group RDN | $33.05 | 0.60% | 4.48B |
Enstar Group ESGR | $0.0000 | 0.00% | 0.0000 |
| $83.02 | 1.03% | 3.95B | |
New India Assurance NIACL.NS | $1.59 | 1.09% | 2.61B |
Steadfast Group SDF.AX | $3.61 | 0.10% | 4.02B |
Discovery Limited DSY.JO | $14.34 | 0.71% | 0.0965B |
Vienna Insurance Group WSV2.F | $78.97 | 2.47% | 10.11B |
| $22.21 | 0.77% | 2.22B | |
Max Financial Services MFSL.NS | $17.50 | 1.82% | 6.04B |
Kemper KMPR | $38.42 | 0.21% | 2.41B |
Porto Seguro PSSA3.SA | $9.34 | 1.65% | 5.98B |
China Taiping Insurance 0966.HK | $3.20 | 0.89% | 11.51B |
| $85.21 | 1.80% | 4.72B | |
| $0.0000 | 0.00% | 0.0000 | |
Hagerty HGTY | $12.14 | 2.88% | 4.17B |
| $41.02 | 0.75% | 3.98B | |
| $8.24 | 1.08% | 3.38B | |
Alm. Brand ALMB.CO | $2.90 | 0.66% | 4.09B |
| $64.17 | 0.23% | 3.67B | |
Thai Life Insurance TLI.BK | $0.3781 | 0.85% | 4.33B |
E-L Financial ELF.TO | $12.83 | 1.12% | 4.44B |
| $18.50 | 1.30% | 5.73B | |
NMI Holdings NMIH | $38.24 | 0.31% | 2.97B |
ZhongAn Insurance 6060.HK | $2.17 | 0.35% | 3.66B |
| $49.25 | 2.58% | 5.48B | |
Old Mutual OMU.JO | $0.9513 | 0.33% | 0.04B |
Coface COFA.PA | $18.39 | 0.98% | 2.75B |
| $63.58 | 6.88% | 2.39B | |
| $18.67 | 0.85% | 1.96B | |
AUB Group AUB.AX | $20.79 | 5.77% | 2.42B |
SiriusPoint SPNT | $19.77 | 1.38% | 2.31B |
Palomar Holdings PLMR | $121.87 | 4.01% | 3.26B |
Harel Group HARL.TA | $44.41 | 0.65% | 0.0913B |
Protector Forsikring PROT.OL | $55.23 | 0.00% | 4.55B |
Santam SNT.JO | $26.48 | 0.08% | 0.0289B |
| $27.20 | 1.38% | 2.70B | |
Momentum Metropolitan MTM.JO | $2.37 | 1.38% | 0.0305B |
Trisura Group TSU.TO | $31.58 | 0.35% | 1.50B |
| $42.90 | 0.60% | 1.75B | |
| $44.97 | 3.25% | 1.99B | |
Safety Insurance SAFT | $76.07 | 0.96% | 1.13B |
HCI Group HCI | $152.15 | 4.10% | 1.97B |
Lemonade LMND | $87.75 | 2.37% | 6.56B |
| $43.49 | 1.34% | 1.02B | |
Trupanion TRUP | $31.76 | 2.01% | 1.37B |
Root Insurance ROOT | $69.85 | 0.56% | 1.08B |
| $3.55 | 1.14% | 0.49B | |
AMERISAFE AMSF | $36.73 | 1.48% | 697.53M |
Religare RELIGARE.NS | $2.49 | 2.02% | 0.8294B |
Nürnberger Versicherung NBG6.F | $142.50 | 0.00% | 1.64B |
EverQuote EVER | $23.18 | 1.57% | 846.37M |
ProAssurance PRA | $24.20 | 0.33% | 1.24B |
| $3.13 | 0.43% | 0.3987B | |
Saudi Reinsurance Company 8200.SR | $7.86 | 0.34% | 1.34B |
Univest UVSP | $33.49 | 0.15% | 953.65M |
| $24.53 | 1.13% | 1.06B | |
Tiptree TIPT | $17.27 | 0.40% | 653.22M |
| $34.81 | 0.57% | 888.15M | |
| $29.24 | 2.01% | 828.03M | |
| $10.85 | 1.63% | 529.10M | |
Sukoon Insurance SUKOON.AE | $1.12 | 0.00% | 0.5156B |
| $3.20 | 0.00% | 255.21M | |
Hippo HIPO | $30.89 | 0.16% | 782.60M |
| $13.54 | 0.52% | 463.04M | |
Global Indemnity GBLI | $28.74 | 1.83% | 411.65M |
| $1.67 | 1.76% | 616.13M | |
Donegal Group DGICA | $18.17 | 1.84% | 665.78M |
Asia Financial Holdings 0662.HK | $0.622 | 1.04% | 0.5748B |
Sjóvá-Almennar tryggingar SJOVA.IC | $0.3626 | 0.22% | 0.5601B |
MBIA MBI | $6.45 | 0.78% | 325.68M |
| $6.58 | 2.08% | 302.46M | |
NI Holdings NODK | $13.21 | 0.38% | 273.12M |
| $253.41 | 1.31% | 478.33M | |
| $36.93 | 0.35% | 361.88M | |
| $2.98 | 0.09% | 136.96M | |
| $25.40 | 1.89% | 787.85M | |
| $1.70 | 0.16% | 0.2803B | |
Vátryggingafélag Íslands VIS.IC | $0.1225 | 0.00% | 0.2406B |
ÖKOWORLD VVV3.DE | $31.83 | 0.00% | 224.19M |
| $13.35 | 0.15% | 381.98M | |
GoHealth GOCO | $2.20 | 3.51% | 63.17M |
Liva Insurance Company 8280.SR | $3.11 | 0.00% | 124.49M |
| $2.64 | 0.20% | 79.21M | |
| $0.885 | 0.00% | 102.21M | |
Citizens Inc CIA | $5.52 | 2.99% | 277.64M |
Islamic Arab Insurance SALAMA.AE | $0.2197 | 2.02% | 106.14M |
| $15.13 | 1.18% | 214.05M | |
Takaful Emarat - Insurance TAKAFUL-EM.AE | $0.4738 | 0.58% | 99.81M |
| $0.08 | 0.00% | 145.48K |
