One of the best general insurance companies in the country, Berkshire Hathaway Inc. is a large conglomerate with other assets in industries like rail transportation, utilities and energy, manufacturing, services, and retailing. Through organizations like GEICO, Berkshire Hathaway Reinsurance Group, Berkshire Hathaway Primary Group, General Re, and National Indemnity Company, Berkshire offers primary insurance as well as reinsurance of property and casualty risks.

American multinational conglomerate holding firm Berkshire Hathaway Inc. has its main office in Omaha, Nebraska. Insurance is its primary line of work and source of funding, and it invests the float (retained premiums) in a diverse range of subsidiaries, equity positions, and other securities. Warren Buffett, the company's chairman and CEO since 1965, and Charlie Munger, the vice chairman since 1978, are noted for their support of value investment ideas. Under their leadership, the company's book value has increased by 20% on average, compared to 10% for the S&P 500 index over the same time period when dividends were taken into account, while using significant amounts of capital and little debt.

Auto insurer GEICO and reinsurance company General Re are two of the corporation's insurance brands. Its non-insurance companies work in a variety of industries, including the distribution of natural gas and electricity, retail, railroads, home furnishings, machinery, jewelry, and clothes. Pilot Flying J (38.6%), Kraft Heinz Company (26.7%), American Express (18.8%), Bank of America (11.9%), The Coca-Cola Company (9.32%), and Apple (5.57%) are a few of the companies it partially owns. Berkshire is the top-ranked firm in the Forbes Global 2000, which considers both market valuation and fundamental information, and it makes up the seventh largest portion of the S&P 500 index. Due to Buffett's decision not to split the stock, its class A shares have the highest price per share of any publicly traded corporation in the world, reaching $500,000 in March 2022.

• Founded: 1839
• Revenue: $253.9 billion (2022)
• Net Income: -$1.3 billion (2022)
• Market Cap: $663.6 billion (2022)
• 1-Year Trailing Total Return: 4.3%
• Exchange: New York Stock Exchange
• Website: https://www.berkshirehathaway.com/

The Ping An Insurance (Group) Co. of China Ltd. offers financial services and products. Insurance, banking, trust, securities, other asset management, technology, and others are the segments through which it operates. That is one of the best general insurance companies. The insurance segment provides services for health, pension, life, and property and casualty insurance. The banking sector offers credit card services, wealth management, and loan and middleman businesses. The Trust section engages in investment and trust service provision. The Securities segment provides asset management, investment banking, trading, and brokerage services. The Other Asset Management business sector offers financial leasing and investment management services, reflecting the performance of the other asset management subsidiaries' financial leasing and leasing businesses.

Through internet platforms like the financial transaction information service platform and the health care service platform, which show a performance summary of the technology business subsidiaries, associates, and jointly controlled entities, the technology business segment offers financial and everyday services. Ming Zhe Ma established the business on March 21, 1988, and it has its headquarters in Shenzhen, China.

• Founded: 1988
• Revenue: $156.2 billion (2022)
• Net Income: $14.7 billion (2022)
• Market Cap: $114.8 billion (2022)
• 1-Year Trailing Total Return: -7.5%
• Exchange: OTC Markets
• Website: https://group.pingan.com/

Insurance and investment advisory services are provided by Allianz SE. Property-Casualty, Life/Health, Asset Management, and Corporate and Other are the segments through which it operates. The Property-Casualty sector provides coverage for travel, legal expenses, general liability, fire, and personal accidents. Annuities, endowment and term insurance, unit-linked and investment-oriented products, private and supplemental health insurance, and long-term care insurance are all included in the Life/Health sector. The segment for asset management offers services and products for both institutional and retail asset management. Treasury, banking, and alternative investment activities are included in the Corporate and Other section. The business was established on February 5, 1890, by Wilhelm Finck and Carl Thieme, and it has its headquarters in Munich, Germany.

The business became the first insurer to be granted a license to offer corporation policies in 1900. Paul Von Naher became the sole leader of the business in 1904 as it expanded into the US and other markets. By 1914, Allianz had expanded into a number of new markets, including the Netherlands, Italy, Belgium, France, the Scandinavian nations, and the Baltic States. It had also risen to the position of Germany's top maritime insurer. The 1906 San Francisco earthquake resulted in losses to the company of 300,000 marks, which led to an early expansion disaster for the business. The business bought "Fides Insurance Company," which had created the first type of home invasion insurance, in 1905.

• Founded: 1890
• Revenue: $137.4 billion (2022)
• Net Income: $7.8 billion (2022)
• Market Cap: $85.3 billion (2022)
• 1-Year Trailing Total Return: -1.85%
• Exchange: OTC Markets
• Website: https://www.allianz.com/

AXA SA functions as a holding company that offers asset management and insurance services. France, Europe, Asia, AXA XL, International, and Transversal and Central Holdings are its operating segments. The Life & Savings, Property & Casualty, AXA Banque France, and France Holdings businesses make up the France segment. The Life & Savings and Property & Casualty operations in Switzerland, Germany, Belgium, the United Kingdom & Ireland, Spain, and Italy make up the Europe segment. It is one of the best general insurance companies. The Asia segment includes Property & Casualty activities in Hong Kong and Asia High Potentials as well as Life & Savings businesses in Japan, Hong Kong, and Asia. AXA Corporate Solutions Assurance, AXA Art, and Property & Casualty operations at XL Group make up the AXA XL business.

The Life & Savings and Property & Casualty activities in 14 countries in Europe, the Middle East, Africa, and Latin America, as well as in Singapore, Malaysia, and India, are included in the International sector. AXA Investment Managers, AXA Assistance, AXA Liabilities Managers, AXA Global Re, AXA Life Europe, as well as AXA SA and other Central Holdings are transversal entities that are part of the Transversal & Central Holdings business. Paris, France serves as the company's headquarters. It was established in 1985.

• Founded: 1816
• Revenue: $107.6 billion (2022)
• Net Income: $8.2 billion (2022)
• Market Cap: $64.6 billion (2022)
• 1-Year Trailing Total Return: 5.8%
• Exchange: OTC Markets
• Website: https://www.axa.com/

Customers that are both individuals and institutions can obtain insurance and financial services from MetLife, Inc. Along with group insurance, reinsurance, retirement, and savings products and services, it also provides individuals with life insurance, annuities, automobile, homeowner's, and retail banking services. U.S., Asia, Latin America, EMEA, MetLife Holdings, and Corporate & Other are the company's operating segments. The U.S. market provides a wide range of protection goods and services geared on meeting customers' ongoing financial demands. Three businesses make up the US segment: property and Income Solutions, and Group Benefits.

The Asia segment provides a wide range of products, including whole life, term life, variable life, universal life, accident & health insurance, fixed and variable annuities, and endowment products, to individuals, corporations, as well as other institutions and their respective workers. The Latin America section provides a wide range of products, including life insurance, accident and health insurance, credit insurance, retirement and savings products, to people, businesses, as well as other organizations and their respective personnel. The EMEA section provides a wide range of products, including life, accident & health, credit insurance, retirement and savings products, to people, businesses, as well as other organizations and their respective workers. The operations related to various products and businesses, including variable, universal, term, and whole life insurance, variable, fixed, and index-linked annuities, long-term care insurance, as well as the aforementioned variable annuity guarantees, are included in the MetLife Holdings segment. The excess capital as well as some expenses and activities that weren't allocated to the segments are included in the Corporate & Other section. The company's headquarters are in New York, NY, and it was established on March 24, 1868.

• Founded: 1868
• Revenue: $71.6 billion (2022)
• Net Income: $2.4 billion (2022)
• Market Cap: $56.3 billion (2022)
• 1-Year Trailing Total Return: 26.2%
• Exchange: New York Stock Exchange
• Website: https://www.metlife.com/

Financial and insurance services are provided through the holding firm Prudential Plc. It operates through the geographic regions of Asia and the United States. The health and protection, other life, mutual, personal lines, property and casualty, group, and institutional fund management segments make up the Asia market. Fixed annuities, fixed index annuities, variable annuities (VA), and institutional product offerings are all included in the US category. The company's headquarters are in London, United Kingdom, and it was established on May 30, 1848.

Prudential Corporation Asia is the largest UK life insurer in Asia and is headquartered in Hong Kong. Since 1923, when a foreign agency for life assurance was founded in India, it has been present across the continent. Prudential relaunched in India in 2000 as ICICI Prudential, a 26% joint venture with ICICI Bank, despite being later nationalized. In 2000, they were the first UK company to re-establish a life business in China as CITIC Prudential Life, a 50-50 joint venture. Cambodia, China, Hong Kong, India, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Taiwan, Thailand, and Vietnam are other countries with firms. Eastspring Investments, a division of Prudential that manages assets in Asia, with $247.8 billion in assets under management overall. Prudential has been developing a multi-product, multi-distribution business in Africa since 2014. The company presently operates in eight different African nations, including Nigeria, Ghana, Togo, and Cameroon, and it has more than a million clients. Since 2021, Nairobi has served as the regional hub for Prudential's African operations.

• Founded: 1848
  
• Revenue: $63.5 billion (2022)
• Net Income: 328 million (2022)
• Market Cap: $36.2 billion (2022)
• 1-Year Trailing Total Return: 1.2%
• Exchange: New York Stock Exchange
• Website: https://www.prudentialplc.com/

Offering a variety of property and liability insurance, life insurance, retirement plans, and other financial services to business and individual clients is the business of American International Group, Inc. It functions through the following divisions: Operations in general insurance, life and retirement. North American and international insurance companies make to the general insurance segment. Individual retirement, group retirement, life insurance, and institutional markets are all included in the life and retirement category. Revenue from assets owned by the corporation and its corporate subsidiaries is included in the area titled Other Operations. The company's headquarters are in New York, NY, and it was established in 1919 by Cornelius Vander Starr. That is one of the best general insurance companies.

With operations in more than 80 nations and jurisdictions, American International Group, Inc. (AIG) is an American global financial and insurance firm. 49,600 persons were employed by AIG firms as of January 1st, 2019. General Insurance, Life & Retirement, and a stand-alone subsidiary that specializes in technology are the three main divisions through which the corporation conducts business. Commercial, personal, as well as domestic and international field operations are all included in general insurance. Group retirement, individual retirement, life insurance, and institutional markets are all included in life & retirement. The AIG Women's Open golf tournament is sponsored by AIG.


AIG has offices all around the world in addition to its corporate office in New York City. 87% of the Fortune Global 500 and 83% of the Forbes 2000 are served by AIG. [9] On the Fortune 500 list for 2018, AIG came in at number 60. AIG is ranked as the 87th largest public corporation in the world by Forbes Global 2000 for 2016. AIG has $65.2 billion in shareholder equity as of December 31, 2017. AIG was saved by the Federal Reserve for $180 billion during the 2007–2008 financial crisis, and the Financial Crisis Inquiry Commission linked AIG's failure to the widespread sale of unhedged insurance. In 2012, AIG paid the US government $205 billion back.

• Founded: 1919
• Revenue: $59 billion (2022)
• Net Income: $13.8 billion (2022)
• Market Cap: $46.7 billion (2022)
• 1-Year Trailing Total Return: 21.4%
• Exchange: New York Stock Exchange
• Website: https://www.aig.com/

Through its subsidiaries, the Allstate Corporation operates a property and casualty insurance company and sells life, accident, and health insurance products. Allstate Protection, Protection Services, Allstate Health and Benefits, Run-off Property Liability, and Corporate and Other are the business segments through which it conducts its operations. Private passenger auto and homeowner's insurance are sold by The Allstate Protection through intermediaries, directly through contact centers, and online. The brand names Allstate, Encompass, and Esurance are used to promote these products. The Protection Services offers a variety of goods and services, such as SquareTrade, Arity, Allstate Roadside, and Allstate Dealer Services, that increase and improve consumer value propositions.

Allstate Health and Benefits provides workplace enrollment independent agents and Allstate exclusive agencies with voluntary benefits and individual life and health products, such as life, accident, critical illness, short term disability, and other health insurance products. The Run-off Property Liability is an insurance coverage for environmental, environmental-related, and other claims under property and casualty insurance policies. The company's activities and some non-insurance businesses are included in the Corporate and Other category. The company's headquarters are in Northbrook, Illinois, and it was established on April 17, 1931.

• Founded: 1931
• Revenue: $52.6 billion (2022)
• Net Income: -$210 million (2022)
• Market Cap: $35.5 billion (2022)
• 1-Year Trailing Total Return: 22.2%
• Exchange: New York Stock Exchange
• Website: https://www.allstatenewsroom.com/

A holding company for insurance, Progressive Corp. provides residential property insurance, personal and commercial auto insurance, and other specialized property-casualty insurance and related services. It functions through the following divisions: property, commercial lines, and personal lines. Agency and direct firms are included in the Personal Lines sector. For cars and trucks owned and operated mostly by small businesses in the auto, for-hire transportation, contractor, for-hire specialty, tow, and for-hire livery markets, the Commercial Lines segment writes main liability and physical damage insurance. The chapter on property includes coverage for tenants, other property owners, and homeowners for residential property insurance. The company's headquarters are in Mayfield Village, Ohio, and it was established on March 10th, 1937.

The marketing strategy of Progressive is well renowned for including competitor statements alongside its own. It was the first significant insurer to provide auto policies by phone and website. Progressive started offering Pet Injury coverage in September 2007, which offers compensation for canines and felines harmed in collisions and is bundled in for free with Collision coverage. Ford Explorers and Ford Escapes that have undergone unique modifications serve as Progressive's immediate response vehicles (IRVs).

• Founded: 1937
  
• Revenue: $47.7 billion (2022)
• Net Income: $852 million (2022)
• Market Cap: $74.4 billion (2022)
• 1-Year Trailing Total Return: 25.7%
• Exchange: New York Stock Exchange
• Website: https://investors.progressive.com/

Chubb Ltd. is a holding company that offers life insurance, personal accident and accident and health (A&H), commercial and personal property and casualty insurance, and reinsurance. It operates through the following divisions: Life Insurance, Overseas General Insurance, Personal P&C Insurance, North America Commercial Property and Casualty (P&C) Insurance, and North America Agricultural Insurance. The major, middle-market, and small commercial firms in the United States, Canada, and Bermuda are served by the North America Commercial P&C Insurance sector, which also includes the business written by Chubb divisions.

The North America Personal P&C Insurance sector provides homeowners, high value automobile and collector automobiles, precious items, personal and excess liability, travel insurance, and recreational marine insurance and services to affluent and high net worth individuals and families. Crop-hail insurance, comprehensive multiple peril crop insurance (MPCI), and Chubb agribusiness are all included in the North America Agricultural Insurance category. In the nations and territories where the corporation conducts business that are not in North America, the Overseas General Insurance segment provides both commercial and consumer P&C insurance and services. Reinsurance activity is covered by the sector called Global Reinsurance. The section for life insurance focuses on its global life operations. The company's headquarters are in Zurich, Switzerland, and it was established in 1882.

• Founded: 1882
• Revenue: $42.1 billion (2022)
• Net Income: $6.1 billion (2022)
• Market Cap: $89.1 billion (2022)
• 1-Year Trailing Total Return: 17.5%
• Exchange: New York Stock Exchange
• Website: https://investors.chubb.com/