Following is a list of the world's top insurance companies ranked by total assets. AXA Group, a French global insurer, is the world's largest insurance company in terms of total assets. It is also the world's second largest insurer by net premiums written (NPW) after UnitedHealth Group according to A.M. Best. Allianz is the second largest international insurer by assets with over 85 million customers and 142,000 employees worldwide. It is also one of the world's largest asset managers. The top 10 insurance companies include 3 US companies, 3 UK companies and companies from France, Germany, Japan and China.

Rank Company Country Total assets, US$b Balance sheet
1 AXA France 969.953 31/12/2015
2 Allianz Germany 928.232 31/12/2015
3 Metlife US 877.933 31/12/2015
4 Prudential Financial US 757.388 31/12/2015
5 Ping An Insurance China 720.100 30/09/2015
6 Japan Post Insurance Japan 686.450 31/12/2015
7 Legal & General UK 585.821 30/06/2015
8 Aviva UK 574.799 31/12/2015
9 Prudential plc UK 573.481 31/12/2015
10 Berkshire Hathaway US 552.257 31/12/2015
11 Assicurazioni Generali Italy 540.450 30/09/2015
12 Nippon Life Insurance Company (Nissay) Japan 520.122 31/03/2015
13 Manulife Financial Canada 507.961 31/12/2015
14 American International Group (AIG) US 496.943 31/12/2015
15 Aegon Netherlands 456.482 31/12/2015
16 Zenkyoren (1) Japan 450.847 31/03/2015
17 CNP Assurances France 430.506 31/12/2015
18 Dai-Ichi Life Insurance Japan 416.188 31/12/2015
19 Zurich Insurance Group Switzerland 381.972 31/12/2015
20 China Life Insurance China 358.321 30/09/2015
21 Life Insurance Corporation of India India 308.118 31/03/2015
22 Munich Re Germany 304.164 30/09/2015
23 Meiji Yasuda Life Insurance Company (2) Japan 303.691 31/03/2015
24 Power Financial Corp Canada 293.541 30/09/2015
25 New York Life US 279.562 31/12/2014
26 TIAA - CREF US 268.200 30/09/2015
27 Standard Life UK 261.888 31/12/2015
28 State Farm Group US 254.420 31/12/2015
29 Lincoln National US 251.937 31/12/2015
30 Northwestern Mutual US 238.472 31/12/2015
31 Cathay Financial Holding Taiwan 235.095 30/09/2015
32 Sumitomo Life Insurance Japan 228.765 31/03/2015
33 Hartford Financial Services US 228.348 31/12/2015
34 Massachusetts Mutual US 222.197 31/12/2015
35 Principal Financial US 218.686 31/12/2015
36 Voya Financial (3) US 218.250 31/12/2015
37 Swiss RE Switzerland 200.327 30/09/2015
38 Old Mutual UK 197.908 31/12/2015
39 Nationwide Mutual Insurance US 197.000 31/12/2015
40 Samsung Life Insurance South Korea 195.980 31/12/2015
41 Swiss Life Holding Switzerland 189.064 30/06/2015
42 Fubon Financial Taiwan 183.222 30/09/2015
43 Tokio Marine Holdings Japan 182.083 31/12/2015
44 Sun Life Financial Canada 177.951 31/12/2015
45 NN Group NV Netherlands 176.761 30/06/2015
46 AIA Group Hong Kong 167.622 30/11/2015
47 Talanx AG Germany 167.165 30/09/2015
48 MS&AD Insurance Group Japan 160.563 31/12/2015
49 Ameriprise Financial US 145.342 31/12/2015
50 China Pacific Insirance Group (CPIC Group) China 140.211 30/09/2015
51 Pacific Life US 137.048 31/12/2014
52 People's Insurance Group of China China 134.561 30/06/2015
53 USAA (United Services Automobile Association) US 130.253 31/12/2014
54 T&D Holdings Japan 122.982 31/12/2015
55 Liberty Mutual Holding Company US 121.707 31/12/2015
56 Groupama France 118.861 30/06/2015
57 Aflac US 118.296 31/12/2015
58 Ageas Belgium 114.245 31/12/2015
59 UnitedHealth Group US 111.383 31/12/2015
60 Genworth Financial US 106.431 31/12/2015
61 Covéa Mutual Insurance France 105.670 31/12/2014
62 Allstate US 104.656 31/12/2015
63 Chubb Ltd Switzerland 102.366 31/12/2015
64 Achmea Netherlands 101.595 31/12/2015
65 Travelers Companies US 100.184 31/12/2015
66 Phoenix Group Holdings UK 99.689 30/06/2015
67 Unipol Gruppo Finanziario Italy 97.986 31/12/2015
68 New China Life Insurance China 97.344 30/09/2015
69 Shin Kong Financial Taiwan 92.631 31/12/2015
70 Sompo Japan Nipponkoa Holdings (4) Japan 85.316 31/12/2015

The exchange rate on December 31, 2015.

(1) - Zenkyoren (National Mutual Insurance Federation of Agricultural Cooperatives) is a subsidiary of JA (Japan Agricultural Cooperatives) Group.
(2) - In March 2016, Meiji Yasuda Life Insurance completed acquisition of StanCorp Financial Group, a U.S. Life Insurance company.
(3) - Voya Financial was formerly known as ING US.
(4) - Sompo Japan Nipponkoa Holdings, Inc. was formerly known as NKSJ Holdings, Inc.