This year has proven to all of us, that insurances are inevitable, therefore reading Insider Monkey’s article about largest insurance companies in the world can be a very arresting article. We have already told many times about many industries how large they were, but insurance industry is one the most lucrative and biggest industries across the globe. Not only are the welfare states ideal targets of the insurance industry, but the developing countries too, as in these countries people save money for the future, and they are not satisfied with governments’ insurance policies.
After this short introduction, you must be eager to know which are the largest insurance companies. We have picked up three companies from Insider Monkey’s list. At first, on the eighth spot, here is Prudential Financial (NYSE:PRU). This company has more than 51,000 employees and it operates in more than 40 countries all over the world.
Total market cap of the company (in billions of dollars): 32
Total revenue of the company in 2019(in billions of dollars): 65
Total assets of the company (in billions of dollars): 897
Total operating income of the company in 2019 (in billions of dollars): 4.1
Up on our list, MetLife (NYSE:MET) stands on the sixth spot of the list. It’s the largest insurance company in the United States. Actually, it can boast with more than 90 million customers in more than 60.
Total market cap of the company (in billions of dollars): 44
Total revenue of the company in 2019(in billions of dollars): 69
Total assets of the company (in billions of dollars): 746
Total operating income of the company in 2019 (in billions of dollars): 5.9
Japan Post Insurance follows MetLife, on the fourth spot. It’s a life insurance company, headquartered in Japan with the highest asset value of any insurance company across the globe. And believe it or not, it has only 5,400 employees. For further detailed information about this issue, please jump to the largest insurance companies in the world.
Total market cap of the company (in billions of dollars): 33
Total revenue of the company in 2019(in billions of dollars): 112
Total assets of the company (in billions of dollars): 2,700
Total operating income of the company in 2019 (in billions of dollars): 4.7
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