The data displays the leading global insurance companies in 2015, by revenue. In that year, American multinational holding company Berkshire Hathaway led the ranking, with revenues amounting to approx. 210.82 billion USD.
The insurance industry
Insurance is the transfer of the risk of a potential loss from one entity to another in exchange for payment. It is a form of risk management used to ensure some degree of financial security in the face of uncertain loss. The individual or institution that purchases the insurance policy from the supplying company is known as the insured or the policy holder.
