Insurance is equitable transfer of the risk of the loss, from one entity to another entity in exchange for payment. It is a form of risk management used to hedge against uncertain loss and the risk of a contingent. There are many Insurance Companies in united states you already know. Here I am suggest some best and top Insurance companies In united states by total assets. Let’s See Which are the top Insurance company In US, It will use for the Choose a Best Insurance Company for your Insurance.
The Insurance companies may be classified into a two groups:
The Life insurance companies, which is sell life insurance, pensions products and annuities.
Casualty insurance/property companies or Non-life, which is sell other types of insurance.
Top Insurance Companies In US:
Check out the below list to know best Insurance Companies, you can choose your best company for your Insurance from this List.
Metropolitan Life Insurance Company or MetLife is a one of the biggest and Best Life Insurance Company. MetLife is among the largest global providers of insurance, employee and annuities benefit programs, with the 90 million customers in over 62 countries. It is currently have more then 66K employees.
2) Prudential Financial:
The Prudential Insurance Company of America, It is a Fortune 500 company and Fortune Global 500 whose subsidiaries provide investment management, insurance and other financial products and services to both institutional and retail customers through the United States and it is in over 30 other countries.
3) American International Group:
American International Group Inc. is also known as AIG. It is an American multinational insurance corporation. It have the over 64,000 employees globally. AIG companies serve customers in more than 130 countries in the world. the company is a provider of life insurance, property casualty insurance, retirement services and mortgage insurance.
See Also: Top 10 Largest Banks In the World
TIAA-CREF is stands for Teachers Insurance and Annuity Association – College Retirement Equities Fund. It is a Fortune 100 financial services organization and that is the leading retirement provider for people who work in the Research, academic, cultural fields and medical.
5) Berkshire Hathaway:
Berkshire Hathaway, It is an American multinational conglomerate holding company. The headquarters of the company in Omaha, Nebraska, United States, It is manages and oversees a number of subsidiary companies. The company wholly owns GEICO, Dairy Queen, Fruit of the Loom, BNSF, Lubrizol, Helzberg Diamonds, FlightSafety International, owns half of Heinz, NetJets and an undisclosed.
6) The Hartford:
The Hartford is also known as The Hartford Financial Services Group. It is a Fortune 500 company and It is one of America’s largest insurance and Investment companies. The Headquarter of the company in Hartford, Connecticut. The Hartford’s 2013 revenues were $26.2 billion. The company’s earnings are divided between property-and-casualty operations, mutual funds and group benefits.
7) New York Life Insurance Company:
The New York Life Insurance Company is also known as NYLIC. It is the largest mutual life-insurance company in the United States and It is one of the largest life insurers in the world In ranking 89 on the 2013 Fortune 500 list of Insurance company with about $381 billion in total assets and more than $19 billion in AVR and surplus In 2007. NYLIC achieved the best possible ratings by four independent rating companies In world.
8) Lincoln National Corporation:
Lincoln National Corporation is a Fortune 250 American holding company. It is operates investment management businesses and multiple insurance through subsidiary companies. Lincoln Financial Group is the marketing name for LNC and its subsidiary companies. Lincoln National Corporation is one of the Best Insurance Company in the World.
9) State Farm Insurance:
State Farm Insurance is a One of the Biggest Insurance Company In US. State Farm is a group of financial services and Insurance companies in the United States. The company also has operations in the Canada. The group’s main business is State Farm Mutual Automobile Insurance Company. It is a mutual insurance firm that also owns the other State Farm companies. The corporate headquarters are in Bloomington, Illinois.
10) Massachusetts Mutual Life Insurance Company:
Massachusetts Mutual Life Insurance Company is a One of the Best Life Insurance Company in the US. It is an American mutual life insurance company. It have the 1800 offices and 13 million clients worldwide. Mass Mutual is one of the largest life insurance companies globally and was ranked 93rd in the Fortune 500 list. The company has revenues of $25 billion according to 2010 and assets under management of $448 billion according to 2010.
Here we are collected Best Top 10 Insurance Companies In US by total assets from the Internet Resource. I hope that this List will help you to choose best Insurance Company for you for sure. Enjoy Friends.