The data describes the leading insurance companies worldwide as of June 2018, by market capitalization. Berkshire Hathaway proved to be the biggest insurer globally in 2018, with market cap amounting to 491.9 billion USD.
Global insurance industry - additional information
Insurance is a form of risk management, where a person, called the insured or policy holder, signs a contract with a company, which is called insurer or insurance carrier, in order to protect themselves from sudden losses. The contract between the two parties, called an insurance policy, states the circumstances and conditions under which the insured will be compensated.
