Financial companies provide a variety of services to the customers. In this article, we take a look at some of the top insurance companies in the world. There are many criteria on the basis of which, such a list can be prepared: market capitalization, revenue, profit, premium collections, geographical area, assets, and more. This list of top 10 Insurance companies in the world 2015 is based on market capitalization.
10. ING GROUP
ING Group came into existence on January 21, 1991 and has its headquarters in Amsterdam, Netherlands.
It employees 68431 people & the CEO of the company is Ralph Hamers. It provides services like investments, life and non-life insurance, banking, and asset management to individuals, small businesses, large corporations, and government’s institutions. It has following business segments:, Retail Belgium, Retail Germany, Retail Netherlands ,Retail Rest of World, Commercial Banking, , Netherlands Non-Life, Insurance Europe, Netherlands life, Japan Life and Investment Management. The Retail Netherlands provides private and retail banking activities, insurance products, commercial, and the sale of mortgages. The Retail Belgium segment provides life and non-life insurance, banking, and asset management products and services through direct banking channels in Belgium. The Retail Germany segment provides retail and private banking. The Commercial Banking segment provides services such as payments, cash management to corporate clients, lending, but it excludes the real estate sector. The Netherlands Life segment works for providing group life and individual life insurance products. The Netherlands Non-Life segment works for providing non-life insurance, which includes disability and accident, fire, and transport insurance.
It is ranked 10th on the basis of market capitalization of $58.9 B.