Monday, August 19, 2013

Top 10 Best Life Insurance Companies (2012) Ranked by Market Capitalization

The following is a table list of the top 10 life insurance companies and best life insurance companies in the World, ranked by market capitalization.

1. CHINA LIFE INSURANCE


CHINA LIFE INSURANCE


China Life Insurance Company Limited is an insurance company. The Company operates its businesses through individual insurance business, group insurance business and short term insurance business, which provides individual life insurance, group life insurance, casualty insurance and health insurance products and services, such as financing insurance, children's insurance, endowment insurance and protection insurance, among others. The Company operates its businesses primarily in domestic market.
Official site : http://www.e-chinalife.com/

2. PING AN INSURANCE


PING AN INSURANCE


Ping An Insurance (Group) Company of China, Ltd ("Ping An" or “the Company” or "the Group") was established in 1988 in Shekou, Shenzhen. The Group is the first insurance company in China to have a shareholding structure. Today, it has developed into an integrated financial services conglomerate with three core businesses: insurance, banking, and investment. The Group’s shares are listed on the Hong Kong Stock Exchange under the stock code "2318" and on the Shanghai Stock Exchange under "601318".
Official site : http://www.pingan.com

3. AIA GROUP


AIA GROUP


The AIA Group exists to provide our customers with financial protection, security, and a comfortable future.

As a company, we understand that life is unpredictable. It has its highs as well as its challenges - and everyone is on a different journey. That’s why our starting point has always been understanding people. By being genuinely engaged with people’s real lives, we gain deeper insights that enable us to offer a range of insurance and wealth management products that fit the needs of the individual.

Over the last 90 years, we’ve built our business upon serving the ever-changing needs of people and companies in Asia. Our personal, relationship-based approach has made us part of the fabric of life here. And we will continue to protect generations of people, for many years to come, whatever life brings them.

So whether you need support in achieving your ambitions, supporting a family, enjoying retirement, or anything else: we understand where you’re coming from, because we’ve been there ourselves.
Official site : http://www.aia.com/

4.METLIFE


METLIFE


MetLife’s vision of being the leading global life insurance and employee benefits company guides the company’s response to people’s growing need for first-rate financial products and services through various life stages and economic cycles. MetLife’s trusted brand, capital strength, and existing relationships with millions of individual and institutional customers around the globe uniquely position MetLife among its competitors.

On November 1, 2010, MetLife added significant scale and reach to its international footprint by acquiring American Life Insurance Company (Alico) from American International Group, Inc. (AIG) for $ 16.4 billion. Starting in 1921, Alico grew to become one of the largest and most diversified international insurance companies in the world—and the first foreign life insurance company licensed to sell in Japan. The acquisition of Alico transformed MetLife into a global life insurance and employee benefits powerhouse, with 90 million customers in more than 60 countries around the globe.

Today, a time when consumers are feeling a greater financial burden than ever before, MetLife is helping millions of customers create their own personal safety net. At no time in the company’s history has MetLife been as well positioned to capitalize on its history, its reputation for security and stability, and its innovative products and services as it is today.

In the future, MetLife will continue to grow its business with focus, innovation and profitability. This will be accomplished by drawing on the reservoir of history that has produced an enduring set of corporate values based on more than 140 years of integrity, social responsibility, strong leadership and financial strength.
Official site : http://www.metlife.com

5. CHINA PACIFIC INSURANCE


CHINA PACIFIC INSURANCE


China Pacific Insurance (Group) Co., Ltd. (“CPIC”) is an insurance group basically constituted by China Pacific Insurance Company, a company established on 13 May 1991. The head office of CPIC is located in Shanghai.
In 1991, China Pacific Insurance Co., Ltd. established
In 1994, China Pacific Insurance Co., (H.K.) Limited established
In 2001, China Pacific Insurance Company underwent restructuring. China Pacific Insurance (Group) Co., Ltd. was established and China Pacific Property Insurance Co., Ltd. and China Pacific Life Insurance Co., Ltd were established with China Pacific Insurance (Group) Co., Ltd. as the holding company.
In 2006, Pacific Asset Management Co., Ltd. established
In 2009, CPIC became the holding company of Changjiang Pension Insurance Co., Ltd.
In 2009, H Shares of CPIC were listed (CPIC, HK02601)
In 2012, Pacific Insurance Online Services Technology Co., Ltd. was incorporated
Official site : http://www.cpic.com.cn

6. PRUDENTIAL PLC


PRUDENTIAL PLC


Prudential has developed since its establishment in 1848. Prudential plc is an international financial services group with significant operations in Asia, the US and the UK. We serve more than 24 million insurance customers and have £405 billion of assets under management. We are listed on stock exchanges in London, Hong Kong, Singapore and New York.

Prudential uses long-term thinking to create long-term value. Through our strong financial performance and international strategy, we create financial benefits for our shareholders and investors and deliver economic and social benefits for the communities in which we operate.
Official site : http://www.prudential.co.uk/

7. ING


ING


ING is a global financial institution of Dutch origin, currently offering banking, investments, life insurance and retirement services to meet the needs of a broad customer base.

Going forward, we will concentrate on our position as a strong European bank with attractive home market positions in Northern Europe and growth options in Central and Eastern Europe and Asia, while creating an optimal base for independent futures for our insurance operations (including investment management).

To serve the interests of all our stakeholders, increase management focus and create value for our shareholders, ING is moving towards full separation of its banking and insurance operations. We believe the widespread demand for greater simplicity, reliability and transparency makes this the best course of action.
The separation is part of the restructuring plan as required by the European Commission in order to get approval for the Dutch state aid received during the financial crisis.
Official site : http://www.ing.com

8. PRUDENTIAL FINANCE


PRUDENTIAL FINANCE

For more than 135 years, Prudential Financial, Inc., has helped individual and institutional customers grow and protect their wealth. Today, we are one of the world's largest financial services institutions with operations in the United States, Asia, Europe, and Latin America. We also have one of the most recognized and trusted brand symbols: The Rock ®, an icon of strength, stability, expertise, and innovation.

We strive to create long-term value for our stakeholders through strong business fundamentals, consistent with our mission guided by our vision and directed by our company's core values. We are committed to keeping our promises and to doing business the right way.
Official site : http://www.prudential.com

9. GREAT WEST LIFECO


GREAT WEST LIFECO


Great-West Lifeco has operations in Canada, the United States, Europe and Asia through The Great-West Life Assurance Company, London Life Insurance Company, The Canada Life Assurance Company, Great-West Life & Annuity Insurance Company and Putnam Investments, LLC.
Official site : http://www.greatwestlifeco.com

10. GENERALI GROUP


GENERALI GROUP


The Generali Group is one of the most significant players in the global insurance and financial products market.
The Group is leader in Italy and Assicurazioni Generali, founded in 1831 in Trieste, is the Group's Parent and principal operating Company.

Characterised from the very outset by a strong international outlook and now present in more than 60 Countries, Generali has consolidated its position among the world's leading insurance operators, with significant market shares in western Europe - its main area of activity - and particularly in Germany, France, Austria, Spain, Switzerland and Central and Eastern Europe.

The Group has - over the last decade - set up offices in the main markets of the Far East, among which India and China; in particular, in China, just after frel="nofollow" target="_blank"ew years of operation, it has become the leader among the insurance companies with foreign equity interests.
Official site : http://www.generali.com


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