Top Best Insurance Companies in Europe Based on Total Assets

The following are  Top 10 Best insurance companies in Europe based on total assets. AXA, a French-based company, is the largest insurance company in Europe with total assets of €731.065 billion (US$945.6 billion), for more information read below!

  1. AXA

    axa protection
    AXA S.A. is a French global investment, retirement, and insurance group headquartered in the 8th arrondissement of Paris. AXA is a conglomerate of independently run businesses, operated according to the laws and regulations of many different countries. The AXA group of companies engage in life, health and other forms of insurance, as well as investment management. The group operates primarily in Western Europe, North America, the Asia Pacific region, and the Middle East.

    Type : Société Anonyme
    Traded as : Euronext: CS, OTCQX: AXAHY
    Industry : Financial services
    Founded : 1817
    Founder(s) : Claude Bébéar
    Headquarters : 25 avenue Matignon, 75008, Paris, France
    Area served : Worldwide
    Key people : Henri de Castries (Chairman and CEO)
    Products : Life and health insurance, investment management
    Revenue : €86.107 billion (2011)
    Profit : €4.324 billion (2011)
    AUM : €1.103 trillion (2011)
    Total assets : €731.65 billion (2011)
    Total equity : €49.70 billion (2011)
    Employees : 102,960 (2010)
    Website : axa.com
  2. ALLIANZ

    allianz insurance
    Allianz is a German multinational financial services company headquartered in Munich, Germany. Its core business and focus is insurance. As of 2010, it was the world's 12th-largest financial services group and 23rd-largest company according to a composite measure by Forbes magazine, as well as the largest financial services company when measured by 2012 revenue.
    Its Allianz Global Investors division ranks as a top-five global active investment manager, having €1,443 billion of assets under management (AuM), of which €1,131 billion are third-party assets (as of 2010-09-30), with specialized asset managers including PIMCO (Bonds), RCM (Equities) and Degi (Real estate).

    Type : Societas Europaea
    Traded as : FWB: ALV
    Industry : Financial services
    Founded : 1891 (Berlin)
    Headquarters : Munich, Germany
    Area served : Worldwide
    Key people : Michael Diekmann (CEO), Helmut Perlet (Chairman of the supervisory board), Maximilian Zimmerer (CFO)
    Products : Insurance, banking, asset management
    Revenue : €106.451 billion (2010)
    Operating income : €8.243 billion (2010)
    Profit : €5.053 billion (2010)
    Total assets : €624.95 billion (end 2010)
    Total equity : €46.56 billion (end 2010)
    Employees : 151,340 (end 2010)
    Subsidiaries : Allianz France, Allianz Global Investors, Allianz Insurance plc, Allianz Global Corporate and Speciality, Allianz Life, Fireman's Fund, Mondial, PIMCO
    Website : www.allianz.com
  3. GENERALI  GROUP

    generali insurance
    Assicurazioni Generali S.p.A. is the largest insurance company in Italy and one of the largest in Europe. It has its headquarters in Trieste. In 2010, Assicurazioni Generali Group was the second largest insurance group in the world by revenue after AXA.

    Under the name of Imperial Regia Privilegiata Compagnia di Assicurazioni Generali Austro-Italiche, the company was founded on December 26, 1831. At the time, Trieste was the most important sea port of the Austro-Hungarian Empire. The company grew in importance, becoming one of the largest insurance operators both in Italy and in Central Europe.

    Type : Società per azioni
    Traded as : BIT: G
    Industry : Financial services
    Founded : 1831
    Headquarters : Trieste, Italy
    Area served : Italy, Europe, Asia, Middle East, Americas
    Key people : Gabriele Galateri di Genola (Chairman), Mario Greco (CEO), Alberto Minali (CFO)
    Products : Insurance, banking, investment management
    Revenue : €88.55 billion (2012)
    Profit: €0.09 billion (2012)[1]
    Total assets : €441.74 billion (end 2012)
    Total equity : €22.57 billion (end 2012)
    Employees : 79.454 (end 2012)
    Subsidiaries : Genertel, Alleanza Toro, Ina Assitalia, Europ Assistance Group
    Website : www.generali.com
  4. LEGAL AND GENERAL

    legal and general insurance
    Legal & General Group Plc (LSE: LGEN), commonly known as Legal & General, is a British multinational financial services company headquartered in London, United Kingdom. Its products include life insurance, general insurance, pensions and investments. It has operations in the United Kingdom, Egypt, France, Germany, the Gulf, India, the Netherlands and the United States. As at 31 December 2011 it had total funds under management of £371 billion
    Type : Public limited company
    Traded as : LSE: LGEN
    Industry : Financial services
    Founded : 1836
    Headquarters : London, United Kingdom
    Key people : John Stewart (Chairman), Nigel Wilson (CEO)
    Products : Life, Pensions and Investments
    Revenue : £34,976 million (2012)
    Operating income : £1,210 million (2012)
    Net income : £801 million (2012)
    Website : www.legalandgeneralgroup.com
  5. AVIVA

    aviva insurance
    Aviva plc is a British multinational insurance company headquartered in London, United Kingdom. It is the sixth-largest insurance company in the world measured by net premium income and has around 43 million customers across 21 countries. It is the market leader in both general insurance and life and pensions in the UK and has major businesses in Asia, continental Europe and North America.

    Aviva has a primary listing on the London Stock Exchange and is a constituent of the FTSE 100 Index. It has a secondary listing on the New York Stock Exchange.

    Type : Public limited company
    Traded as : LSE: AV., NYSE: AV
    Industry : Financial services
    Predecessor(s) : CGU,Norwich Union
    Founded : 2000 (by merger)
    Headquarters : St. Helen's Tower, London, United Kingdom
    Key people : John McFarlane, (Chairman), Mark Wilson (CEO)
    Services : Life insurance, Pensions, General Insurance
    Operating income : £1.776 billion (2012)
    Net income : £(3.050) billion (2012)
    Employees : 40,800 (end 2011)
    Website : aviva.com
  6. AEGON

    aegon insurance
    Aegon N.V. is a multinational life insurance, pensions and asset management company headquartered in The Hague, Netherlands. At the end of 2012, Aegon companies employed approximately 24,000 people worldwide, serving millions of customers.

    Aegon has a primary listing on Euronext Amsterdam and is a constituent of the AEX index. It has a secondary listing on the New York Stock Exchange.
    Type : Naamloze vennootschap
    Traded as : Euronext: AGN, NYSE: AEG
    Industry : Financial services
    Founded : 1983
    Headquarters : The Hague, Netherlands
    Area served : Worldwide
    Key people : Alex Wynaendts (CEO)
    Rob Routs (Chairman of the supervisory board)
    Services : Life insurance, asset management, pensions
    Revenue : €29,937 million (2012)
    Profit : €1,571 million (2012)
    Total assets : €366,118 million (end 2012)
    Total equity : €29,700 million (end 2012)
    Employees : 24,407 (end 2012)
    Website : www.aegon.com
  7. ING Insurance

    ing insurance
    The ING Group (Dutch: ING Groep) is a Dutch multinational banking and financial services corporation headquartered in Amsterdam. Its primary businesses are retail banking, direct banking, commercial banking, investment banking, asset management, and insurance services. ING is an abbreviation for Internationale Nederlanden Groep (English: International Netherlands Group).

    The Orange Lion on ING's logo is an allusion to the Group's Dutch origins under the House of Orange-Nassau. ING is the Dutch member of the Inter-Alpha Group of Banks, a cooperative consortium of 11 prominent European banks.

    According to the Fortune Global 500 in 2012, ING was the world's largest banking/financial services and insurance conglomerate by revenue with gross receipts exceeding $150 billion per annum. The Group is also the world's 18th largest corporation by revenue. As of 2009, ING served over 85 million individual and institutional clients in more than 45 countries, with a worldwide workforce exceeding 100,000.
    Type : Public
    Traded as : Euronext: INGA, NYSE: ING
    Industry : Banking, Financial services
    Founded : 1991 through merger(est. 1743 as Kooger Doodenbos)
    Headquarters : Amsterdam, Netherlands
    Area served : Global
    Key people : Jan Hommen (CEO, Patrick Flynn (CFO), Peter Elverding (Chairman of the supervisory board)
    Products : Retail, direct, private, investment, commercial banking, insurance, asset management
    Revenue : €42.64 billion (2012)
    Operating income : €3.89 billion (2012)
    Profit : €3.10 billion (2012)
    Total assets : €1.169 trillion (2012)
    Total equity : €57.69 billion (2012)
    Employees : 84,718 (2012)
    Website : ing.com
  8. PRUDENTIAL PLC

    prudential insurance
    Prudential plc (LSE: PRU, NYSE: PUK, SEHK: 2378) is a British multinational life insurance and financial services company headquartered in London, United Kingdom. It was founded in London in May 1848 as The Prudential Mutual Assurance Investment and Loan Association to provide loans to professional and working people.

    Prudential's largest division is Prudential Corporation Asia, which has over 15 million customers across 12 Asian markets and is a top-three provider of life insurance in Hong Kong, India, Indonesia, Malaysia, Singapore, the Philippines and Vietnam.  Its Prudential UK division has around 7 million customers and is a leading provider of life insurance and pensions in the UK. Prudential also owns Jackson National Life Insurance Company, which is one of the largest life insurance providers in the United States, and M&G Investments, a Europe-focused asset manager with total assets under management of £201.3 billion at 31 December 2011
    Type : Public limited company
    Traded as : LSE: PRU, NYSE: PUK, SEHK: 2378
    Industry : Financial services
    Founded : 1848 (London)
    Headquarters : London, United Kingdom
    Area served : Worldwide
    Key people : Paul Manduca (Chairman), Tidjane Thiam(Group Chief Executive)
    Products : Life insurance, Investment management, Consumer finance
    Revenue : £29.910 billion (2012)
    Operating income : £3.188 billion (2012)
    Net income : £2.197 billion (2012)
    Employees : 25,414 (2012)
    Website : www.prudential.co.uk
  9. CNP ASSURANCES

    cnp assurances
    CNP Assurances S.A. is a major French insurance corporation. CNP stands for Caisse Nationale de 'Prévoyance. It is listed on the Fortune Global 500. The company was formed in 1959 as a subsidiary of Caisse des dépôts et consignations, which continues to hold approximately 40% of the company.
    Type : Société Anonyme
    Traded as : Euronext: CNP
    Industry : Financial services
    Founded : 1959
    Headquarters : Paris, France
    Area served : Europe, South America
    Key people : Gilles Benoist (CEO), Edmond Alphandéry (Chairman)
    Products : Insurance
    Revenue : €44.79 billion (2010)
    Operating income : €1.425 billion (2010)
    Profit : €1.050 billion (2010)
    Total assets : €319.61 billion (end 2010)
    Total equity : €13.18 billion (end 2010)
    Employees : 4,680 (2010)
    Website : www.cnp.fr
  10. ZURICH INSURANCE GROUP

    zurich insurance
    Zurich Insurance Group Ltd. (SIX: ZURN), commonly known as Zurich, is a Swiss insurance company, headquartered in Zurich, Switzerland. Zurich Insurance Group is Switzerland’s biggest insurer. As of 2011, Zurich was the world’s 79th largest public company according to Forbes’ Global 2000s list  and ranked 94th in Interbrands top100 brands.

    Zurich Insurance Group Ltd is a global insurance company which is organized into three core business segments: General Insurance, Global Life and Farmers. The company employs around 60,000 people serving customers in more than 170 countries and territories across the globe.

    Zurich Insurance Group Ltd is listed on the SIX Swiss Exchange and as of 2011 the Group’s Capital position was strong with shareholders equity of $31.6 billon.
    Type : Aktiengesellschaft
    Traded as : SIX: ZURN, OTCQX: ZURVY
    Industry : Financial services
    Founded : 1872
    Headquarters : Zurich, Switzerland
    Key people : Josef Ackermann (Chairman) Martin Senn (CEO), Pierre Wauthier (CFO), Kristof Terryn (COO)
    Products : Life and non-life insurance, pensions, investments
    Revenue : Decrease US$ 52.983 billion (2011)
    Operating income : Increase US$ 4.757 billion (2011)
    Profit : Increase US$ 3.797 billion (2011)
    Total assets : Increase US$ 385.86 billion (2011)
    Total equity : Increase US$ 34.017 billion (2011)
    Employees : 52,648 (2011)
    Website : www.zurich.com

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