5 Biggest Insurance Companies in the World

2. Allianz

Total revenue of the company (in millions): 144,517

Total profits of the company (in millions): 7,815

Total assets of the company (in millions): 1,295,531

Total employees of the company: 155,411

Allianz is the largest insurer in Europe. The German giant has operations in around 2 dozen countries spanning several continents. It maintains a major presence in the United Kingdom after it acquired British company Cornhill Insurance in the 1980s which was later renamed to Allianz Insurance in 2000. It also purchased other companies later on to increase its presence in the United Kingdom.