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Brand Finance has published the 2025 edition of the Brand Finance Insurance 100 report. This study ranks the one hundred largest insurance companies according to their brand value.
In 2025, nine of the top ten insurers recorded growth in their valuation. Ping An and Allianz maintain first and second place respectively.
The French group AXA has moved up to 3rd place, surpassing China Life which now occupies 4th position.
List of the ten largest insurance companies by valuation in 2025
| Ranking | Company | Country | Valuation (in billions USD) |
|---|---|---|---|
| 1 | Ping An | China | 33.599 |
| 2 | Allianz | Germany | 26.747 |
| 3 | AXA | France | 19.826 |
| 4 | China Life | China | 18.323 |
| 5 | Generali | Italy | 16.981 |
| 6 | Allstate | United States | 15.951 |
| 7 | GEICO | United States | 15.022 |
| 8 | PICC | China | 15.021 |
| 9 | Metlife | United States | 14.591 |
| 10 | Progressive | United States | 14.24 |
