Mutual versus Stock Insurance
Companies
3-1
3-2
Biggest Life Insurers
Insurance Company
1. Metropolitan Life
2. American International Group
3. Prudential of America
4. Hartford Life
5. Teachers Insurance & Annuity
6. Aegon USA Inc.
7. ING Group
8. New York Life
9. Axa Financial Group
10. Northwestern Mutual
Ownership
Form
Assets
(billions)
Stock
Stock
Stock
Stock
Stock
Mutual
Stock
Mutual
Stock
Mutual
$407.8
341.1
331.1
204.5
177.9
172.5
169.9
166.2
133.2
133.1
World’s Largest Life Insurers
3-3
Revenues
($millions)
ING Group
138,235
AXA Group
129,839
Assicurazioni Generali 101,404
Aviva
92,579
Prudential
74,745
Nippon Life
61,158
Country
Netherlands
France
Italy
UK
UK
Japan
World’s Largest P & C Insurers
Revenues
($millions)
3-4
Country
Allianz
121,406
Germany
American Int’l Group 108,905
US
Berkshire Hathaway
81,663
US
Zurich Financial Svc. 67,186 Switzerland
Munich Re Group
60,256
Germany
State Farm Insurance 59,224
US