Insurance companies have been a source of protection and security for individuals and businesses alike. With the market crash this year, many have been wondering which insurance companies are the most reliable and successful. According to Forbes Global 2000 list, which ranks the 2000 largest public companies in the world based on a composite score of their revenues, profits, assets and market value, a total of 105 insurance companies are on this list. The top five insurance companies on this list are Allianz from Germany, AXA from France, Ping An Insurance from China, Prudential Financial from the United States, and CVS Health from the United States.
CVS Health is ranked as a retailer of pharmaceutical products rather than an insurance company, although it owns the major insurer Aetna and is ranked 42nd on the list. When it comes to choosing an insurance company, many believe that mutual insurance companies are better because their interests align with what is best for the company. This includes reducing insurance rates and paying dividends to attract more customers. To help you choose the best insurance company for you, here is a list of the 10 largest auto insurance companies in the United States: State Farm, Progressive, Geico, Allstate, USAA, Liberty Mutual, Farmers Insurance, Travelers, Nationwide and American Family Insurance.
Among these large auto insurers, Nationwide offers the best deals for customers looking to combine their home and auto insurance policies. State Farm offered the cheapest car insurance rates in most of the U. S. UU.
China Life Insurance is one of the largest state-owned financial and insurance services companies in mainland China. AXA is one of the world's leading insurance groups with major businesses in property and accident insurance, life insurance, savings and asset management.