Top 10 Insurance Companies in the World 2018

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4. Allianz Insurance

Allianz Insurance was established in 1890 in Munich, Germany.


Image: Wikimedia

Since then, this company has been very competitive in insurance industry and now operates in 70+ countries around the world with 1,43000 workforces. In 2018, Allianz is ranked among the top Forbes Global 2000 list.

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With core businesses in Insurance and Asset management, it offers a wide range of property-casualty and life/health insurance products to both retail and corporate customers. For P&C segment, these include motor, accident, property, general liability, travel insurance and assistance services. It is the leading P&C insurer worldwide and comes in top five in the Life/Health insurance business. The Allianz group has come a long way and delivered net income of $6.8 billion in this year in spite of numerous natural disasters. For this success, the company gives credit to the global strategy program “Renewal Agenda”. Under this program, they started focus on Technical excellence and Customer satisfaction which helped them in 3% growth in annual revenue. The customer satisfaction has reached above average level in more than 60% of the businesses. According to Brand Finance, Allianz has the second highest brand value of all the global insurance companies. This brand is known for quality and expertise, trust and reliability- all these attributes have been intact with Allianz in the last few decades.

Parameters ($billion)

Revenue: 122.5

Profit: 7.7



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