The largest and most important insurance companies in the world

The largest and most important insurance companies in the world

Why insurance?

 ... Human, regardless of whether in his every day expert and private needs to dependably have a security roof furnishes him with part of the necessities of life that increments with age or to ensure against the dangers or mishaps that may happen, and that many hotel to protection through the intervention of specific insurance agencies for protection on The dangers to which the individual and his property might be uncovered. Venture and business organizations and modern establishments additionally need protection for the methods for creation accessible to them so as to decrease the effect of the dangers they may have. The protection fluctuates relying upon the circumstance for the guaranteed individual or organization was.

Modes and forms of insurance.

Insurance formulas such as life insurance may vary and this type of insurance is spread in the United States and is controversial in many societies. Under the life insurance contract, the insurer is required to pay money to the heirs of the person in case of death. Insurance for property is one of the most common forms of insurance and it is the insurance of the company or agency for individual or collective property (general) from hazards and disasters such as earthquakes, accidents and thefts. As there are many other forms of insurance, but no matter what type or form or place of insurance, the media remains insurance companies that are considered a successful investment tool.

The largest and largest insurance company in the world.

We have already mentioned that insurance companies are a successful investment tool because the insurance sector is one of the most active economic sectors in the world today. Therefore, it is possible to adopt multiple standards in the ranking and ranking of the largest insurance companies in terms of capital or public reputation or even the number of branches.

China Life Insurance, a young Asian company founded in 2003, now has a market value of more than $ 118 billion, the largest life insurance company in the People's Republic of China and the only one in China with a national operating license.

Next comes the leading American company IAG. (AIG) is a global insurance company operating internationally in 130 countries around the world headquartered in New York City. It was founded in 1919 in Shanghai and then moved from the Asian to the US and European markets to reach the rest of the world. The US stock market, the Wall Street, the German stock market and others. IAG Insurance is one of the largest insurance companies in the world due to its insurance contracts with major factories and commercial companies in the world and also has exclusive insurance contracts with a number of clubs and sports teams in the world, but was significantly reduced by the global financial crisis in late 2007.However, this did not stop the company from continuing and the company has already started to achieve net profits of more than $ 6 billion a year starting in 2010.

Munich Re Insurance and Reinsurance is the world's leading insurance company. Founded in 1880, a leading European insurance specialist based in Munich, Germany, has shares in the German bourse and is one of the most important economic pillars in the European market. The company relies on the reinsurance plan, which attracted and attracted the attention and attention of many dealers and investors. Like other leading insurance companies, the activity of Munich Re is expanding worldwide. Classifications and arrangements may vary for the largest insurance companies from one source to another.

Mechanism of action of insurance companies

Many people may be surprised at the lucrative profits of insurers around the world. But all that is, insurance companies are racing against the clock and under the weight of global financial and economic crises in order to reach as many customers as possible. But most of them agree with regard to the introduction of the characteristics of the social environment and conditions associated with customers in addition to the innovative and innovative means of advertising and marketing, which plays an important role for these companies.

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