Thursday 31 January 2013

Worlds top 5 insurance companies



We are always earning money for our welfare. Earning money and investing it somewhere for our better future is something that everybody doing these days. Nowadays everybody is going for insurance policies just to ensure their safety and well settled future.

Researching the market is necessary for selecting an insurance policies. If you are going to buy some insurance policies , you should go for the best ones only. There are so many parameters that should be taken into consideration while buying an insurance policy.  Coverage, premium, benefits , revenues, sales are some of those parameters. Based on these parameters we have listed World’s top 5  insurance companies here.

1.Metlife
Metlife , the largest insurance company in United states is established in 1868 . It is the number one insurance company in the world as well. Metlife is now working in 60 countries with 90 million customers around the world. As per 31/dec/2012 the total assets of the company is 801.63 $b and the market cap is 31.6 $b (20/07/2012).


2.Prudential Financial
Prudential Financial provides services like insurance, investment management etc. The company is established in 1875 in the United States of America and they are into 30 countries reaching their customer count about 60 million. The total assets of Prudential Financial is about 624.52 $b (31/dec/2012). The market cap was 21.90 $b on 20/07/2012.

3. TIAA-CREF
 Teachers Insurance and Annuity Association – College Retirement Equities Fund provides financial services to medical, research, academics etc. They were established in 1918. The total combined assets of this company is $487 billion in total and they are having 3.5 million employees around the world.

4.New York Life Insurance Company (NYLIC)
NYLIC is having A++ rating in A.M Best and is the 3rd largest insurance company in United states. NYLIC is mainly into mutual life insurance than any other services. They are the oldest insurance company which established in 1845 and is having 213.28 $b of assets.

5.Lincoln National Corporation
This company is established in 1968. The operation field of Lincoln National Corporation include Lincoln Retirement, Life Insurance, Investment management, Lincoln financial media and are having assets worth 202.91 $b. They reached their highest market cap 5.73 $b in the july of 2011.
 

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