List of largest insurance companies in the UK

In this article, we are going to see the list of the largest insurance companies in the UK by market capitalization. Let’s see now which are the 5 largest UK insurance companies. In the first place of the ranking of the biggest insurance companies by market cup in Uk is Prudential plc. In the second place is Legal & General. Aviva plc is the third largest insurance company in the country, followed by Admiral Group and Phoenix Group. The total market capitalization of the top 5 UK insurance is about GBP 89.2 billion. Rank Name of company Market cap 1… Continue reading

List of largest insurance companies in Canada

In this article, we are going to see the list of the largest insurance companies in the Canada by total assets. Let’s see now which are the 20 largest Canadian insurance companies. In the first place of the ranking of the biggest insurance companies in Canada is Manulife Financial. Great-West Lifeco is the second place of the ranking. Desjardins is the third largest insurance company in the country, followed by Sun Life Financial, Fairfax Financial, iA Financial Corp, Intact Financial, E-L Financial Corp, La Capitale (Beneva) and RBC Life Insurance Company. The top 10 Canadian insurance companies hold combined total… Continue reading

List of largest insurance companies in the United States

The United States is home to the largest insurance market in the world. It is also one of the most sophisticated. Indeed, American innovation has fueled the development of many leading-edge products and risk management strategies. In this article, we are going to see the list of the largest insurance companies in the United States by total assets, market capitalization, premiums collected and market shares. Let’s see now which are the 10 largest US insurance companies. Following are the 10 largest insurance companies in the US ranked by total assets. Rank Company Total assets 1 Prudential Financial 926 2 Berkshire… Continue reading

Homeowners insurance: what it is and what it covers

Homeowners insurance is a form of property insurance that covers losses and damages to an individual’s residence, along with furnishings and other assets in the home. Homeowners insurance also provides liability coverage against accidents in the home or on the property. A homeowner’s insurance policy usually covers four kinds of incidents on the insured property—interior damage, exterior damage, loss or damage of personal assets/belongings, and injury that occurs while on the property—. When a claim is made on any of these incidents, the homeowner will be required to pay a deductible, which in effect is the out-of-pocket costs for the… Continue reading

Types of travel insurance

Travel Insurance is one of the most important investments that a traveler can make when they decide to travel. Travel Insurance assumes particular importance while travelling abroad simply because of the number of risks that it covers. Typically, a Travel Insurance policy covers medical risks, travel risks, and also flight disruptions. If you’re wondering why Travel Insurance is necessary, this checklist provides a few insights. It is extremely important to take out travel insurance, even if it tightens your budget a little. Your loss could be a lot greater should anything unforeseen happen. Imagine you have a medical emergency in… Continue reading