Top 10 Insurance Companies in the World in 2021 by Written Premiums
UnitedHealth Group Inc, Allianz SE, MetLife Inc, AXA SA, and China Life Insurance Co Ltd are the 5 top insurers in the world in 2021 by written premiums (as of FY2021). In total, the top 10 insurers in the world had written premiums of $1,301,433 million (as of FY2021), where UnitedHealth Group Inc was the highest ($250,696 million), followed by Allianz SE ($150,060 million), and MetLife Inc ($131,672 million), while The People's Insurance Company (Group) of China Ltd was the lowest ($90,383 million). The United States of America-based UnitedHealth Group Inc is the leading insurer in the world (by written premiums). The company reported revenues of $324,162 million for the fiscal year ending December 2022 (FY2022), an increase of 12.7% over FY2021. It offers healthcare services and products through two distinct platforms: UnitedHealthcare and Optum. Its UnitedHealthcare platform provides healthcare coverage and benefits services and the Optum platform offers information and technology-enabled health services. The company employs 350,000 people. Germany-based Allianz SE is one of the leading insurers in the world (by written premiums). The company reported revenues of $110,976 million for the fiscal year ending December 2022 (FY2022), a decrease of 9.85% over FY2021. It offers life, and property and casualty (P&C) insurance products, under the Allianz and Euler Hermes brands. The company’s insurance offerings provide coverage for motor, liability, homeowner, accident, travel and assistance, marine, aviation, and transport. Allianz also offers term insurance, endowment and retirement plans, and pension products. Its asset management products include fixed income, equities, and alternative investments. The company employs 159,253 people.