Top 10 Best Insurance Companies In 2020

Life is full of risks and we all know that time does not remain same, it changes, and sometimes it is good sometimes it is bad. Life is so unpredictable we cannot say what will happen in the next moment, there may be chance of meeting an accident, getting ill, being caught by a natural disaster or some other tragedy. Bad time does not inform us before coming and these risks not only hurt us emotionally but also financially. So, one thing that can help us in our bad time is insurance, it provides us the surety that it will take care of us economically. There are number of insurance companies in the world that work efficiently to fulfill the needs of their customers but here we provide you the list of top 10 best insurance companies in 2020, the companies hard work, innovative ideas and efficient services make them able to be in this list.


10. Japan Post Holding Co. Ltd

Best Insurance Companies In 2020 -



It is a Japanese state owned conglomerate headquartered in Tokyo, Japan. Japan Post holding Co., Ltd operates banks, post stations and insurance business. Its operations include banking counter operations, postal operations, insurance counter operations, sale of documentary stamps, life and non life insurance agency services, logistics business, real estate business, merchandise sales, and international cargo transport and agency services.


9. Assicurazioni Generali S.p.A.

Assicurazioni Generali S.p.A.

It is Italy’s largest insurance company and is known as one of the largest insurance company in Europe with its headquarters in Trieste. It was founded in 1831 and then it worked hard and became one of the largest insurance companies not only in Italy but also in Central Europe. This group is a prominent player in the lines of financial products and global insurance. It has branches in over 60 countries with major emphasis on Central, Western and Eastern Europe. Its main aims are to offer life insurance, diverse products for family safety and saving polices. Assicurazioni Generali S.p.A has 77,000 employees and almost 65 million clients in all over the world.


8. Munich Re Group

Munich Re Group

Munich Reinsurance Company is a reinsurance company based in Germany. It is known as one of the leading reinsurance company in the world. The primary insurance arm of the Group is ERGO, a Munich Re subsidiary. This company was founded in 1880, and operated in all fields of insurance with its services in almost thirty countries, with main emphasis on Europe and Asia. Its primary insurance activities are performed by ERGO insurance Group that provides intensive services, insurance and provision. Munich Re has insurance companies in all over the world and has over fifty Business units in the globe. It provides reinsurance cover for health, life, casualty, transport, space and engineering business. With 45,000 employees in all over the world, this company is working in all businesses of insurance.


7. Prudential plc

Prudential plc - Best Insurancy Companies 2020

Prudential plc is a British multinational company that offers life insurance and financial services. It was established in 1848 as the Prudential Mutual Assurance Investment and Loan Association to offer loans for working and professional individuals. This company has significant operations in Asia, the United Kingdom and the United States of America. It was founded on the principles of diligence, integrity and security and still follows these principles today. It offers savings and protection chances to its customers, economic and social assistance to the communities and financial assistance to its investors. The largest division of Prudential plc is Prudential Corporation Asia that has more than 13 million customers across twelve Asian markets and is a top 3 provider of life insurance in Indonesia, Hong Kong, India, Malaysia, Philippines, Singapore and Vietnam. Its UK division has almost seven million customers and is a leading provider of pensions and life insurance in the United Kingdom.


6. UnitedHealth Group

Best Insurance Companies In 2020 - UnitedHealth Group

It is the most distinct heath care corporate headquartered in the United States and a global leader in aiding individuals to leave healthier and peaceful lives and helping to make the health system function better for everyone. It is ranked at number 14 on Fortune magazine top 500 companies in the United States of America. It provides a spectrum of services and products through two operating systems: Optum and UnitedHealthcare. Through its divisions and subsidiaries, UnitedHealth Group provides services to almost 70 million people in all over the world. This company is specialized in introducing innovative and intensive approaches, fine products and efficient services that can facilitate personal health and enhance population health in local communities. They are committed to design an efficient, high quality health system that is continuous for the long term. It has also been featured by Fortune as the world’s most admired company in the insurance and managed care sector for the consecutive last four years.


5. American International Group

Prudential plc - Best Insurancy Companies 2020

American International Group, Inc is an American multinational insurance company that is also known as AIG with over 88 million customers in almost 130 countries. AIG companies employ more than 64,000 individuals in 90 countries. The corporate has three basic businesses, which include AIG life and retirement, AIG property casualty and United Guaranty Corporation. AIG life and retirement offers retirement services and life insurance in the United States of America, AIG property casualty offers insurance products for individual, commercial and institutional customers and United Guaranty Corporation emphasizes on mortgage insurance and mortgage guaranty insurance. It was listed 40th largest company in the Fortune 500 list of 2020. It also focuses on world global markets activities, retained interests and direct investment.


4. China Life insurance

China Life insurance - Best Insurancy Companies 2020

China Life Insurance groups and its subsidiaries constitute the China’s largest commercial insurance group. It is a China company, headquartered in Beijing that offers health and life insurance and annuity products. It is also one of the largest institutional investors in capital market of China. China Life Insurance (Group) Company is a large state-owned insurance and financial company that has seven subsidiaries. Its business covers pension plans, property and casualty, life insurance, investment holdings, asset management and foreign operations. Through capital operation, it has invested in numerous security firms, banks and other non financial institutions. The company is the world’s biggest public life insurance corporate in terms of market capitalization.


3. Berkshire Hathaway

Berkshire Hathaway - Best Insurancy Companies 2020

Berkshire Hathaway Inc is an American multinational company that manages and commands a number of secondary companies. It was founded in 1889 and is renowned for its control by its investor named Warren Buffet, who is the president, Chairman and CEO of the company and the Charlie Munger, the vice-chairman of the company. It is noted as the world’s fifth largest public company. It is a leading insurance company that not only provides primary insurance but also offers reinsurance of casualty and property risks. Insurance and reinsurance services are conducted through almost seventy domestic and foreign based corporate. The insurance businesses of this company also include health, accident and life re-insurers along with property and casualty re-insurers. This company works efficiently in order to maintain its capital strength at extraordinary high levels and it’s this strength distinguishes it from other competitors.


2. Zurich Insurance Group

Zurich Insurance Group -Best Insurancy Companies 2020

It is a Swiss insurance company with its headquarters in Zurich of Switzerland and is known as the largest insurer of Switzerland. Zurich Insurance Group is a global insurance company that was founded in 1872, it is one of the most experienced insurers of the world. This company has high knowledge, experience and stability that make it a preferred company to be selected by the customers as they know with their efficient efforts and skills they will definitely protect the individuals and the things they love. It employs almost 60,000 individuals serving customers in over 170 countries and areas in all over the world. This company has three basic business segments- Global Life, General Insurance, and Farmers. The mission of this company is to help customers understand and conserve themselves from risk, it offer services and insurance to individuals and businesses of all sizes.


1. AXA

AXA -Best Insurancy Companies 2020

The best insurance company in 2020 is AXA Group. It is a French, multinational, investment banking company that is involved in worldwide finance banking, expenditure management, protections, and other financial assistance’s. It is deliberated as a global insurance leader, retirement savings and wealth management with more than 102 million customers in almost 56 countries. It offers innovative insurance solutions to fulfill the personal and business needs of their customers and has been invested a lot for this purpose.

As a leading insurance company its main aim is to aid customers to live their lives with peace of mind and soul by protecting them and their belongings from risks, and by directing their assets and savings. The team of this company remembers five values that should not be compromised in any case and include professionalism, honesty, novelty, pragmatism and team spirit and is excelling in providing excellent services to its clients.



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