Top 10 Insurance Companies There are a number of ways to rank the size of insurance companies. Companies can be measured by their market capitalization (the value of the company on a stock exchange) or by using sales figures such as net premiums written in a year or how many policies were sold. “I am prepared for the worst, but hope for the best.” ~ Benjamin Disraeli Insurance helps us to do exactly what this quote suggests. We all face many kinds of risks: risk of meeting with an accident,…
Read MoreCategory: Insurance Companies
Germany Insurance Companies
Germany Insurance Companies One thing about us Germans that you will learn quickly is that we don’t like to take risks. And what is better to minimize risks than to be insured against everything? Germany is often renowned for having one of the best health care systems in the world with all the residents having access to comprehensive health insurance coverage. Around 15% of the population are insured via private health insurance plans and the rest have the mandatory or voluntary government health plans. The three options for health insurance…
Read MoreInsurance Companies in Switzerland
Insurance Companies in Switzerland Switzerland is known for its efficiency. It is therefore no surprise that its healthcare system is one of the best in the world. The system is administered by each state of the Swiss confederation, known as a canton, and is a seamless solution that brings the public and private sectors together. Individual health insurance is compulsory for all residents, and there is no free healthcare. Waiting times are short, but like many things in Switzerland, it can be expensive. The Swiss generally speak German, French or…
Read MoreBest Insurance
Best Insurance is a relative term to use in case of insurances because there are different segmentations within the insurance market. Generally, the insurance market can be divided into the following three broad categories: # Life Insurance Life insurance insures financial reimbursements to the beneficiary of the policy holder after the death of the insured person. The repayment amount depends upon the policy chosen and the consequent premiums paid. # General Insurance This insurance basically is non-life type and insures against damages and hazards related to properties (both commercial and…
Read MoreThe Insurance Industry
The Insurance Industry The global insurance industry is one of the largest sectors of finance. It ranges from consumer to corporate and industrial insurance, and even reinsurance, or insurance of insurance. The major insurance markets of the world are obviously the US, Europe, Japan, and South Korea. Emerging markets are found throughout Asia, specifically in India and China, and are also in Latin America. With the internet and other forms of high-speed communication, companies and individuals are now able to purchase insurance and related financial products from almost anywhere in…
Read More